Dallas/Fort Worth area Santander Consumer USA appointed Michael Sanders as vice president of fraud prevention & oversight. Sanders is the former senior corporate loss prevention manager at JCPenney who has also held corporate leadership roles at Sears in loss prevention operations and Frank’s Nursery as director of retail accounting and Read More
Tag: fraud prevention
Reviewing current and historical fraud data reveals an implausible finding. Despite the refinement of company fraud prevention programs and a corresponding sophistication in employee fraud schemes, the old bogus expense report is a bigger problem now than 16 years ago.
Semi-annual surveys conducted by the Association of Certified Fraud Examiners (ACFE) Read More
By Chris Trlica
Just as the word “e-commerce” has come to refer to a menagerie of different specialized markets, so e-commerce credit card fraud comes in many different guises. And as the great pace of retail evolution dictates that retailers’ transaction processes are constantly changing, so the frauds change with them.
In a bid Read More
The concept of the retail return is a relatively new phenomenon. In the mid- to late-twentieth century, retailers began accepting returned merchandise as an attempt to gain a competitive edge. The concept worked.
For many retailers, flexible returns have become synonymous with quality customer service. Nordstrom, for example, has built a Read More
$3 million in counterfeit merchandise seized
Millions in counterfeit electronics recovered
Online retail fraud jumps 20%
Irish credit card fraud ring
Fake credit card factory in London
Arrest in $70K cell phone thefts
Truck kills 3 in Iowa Walmart Read More
Online retailers have a significant probability of being the intended target of order fraud. An online buyer has the perception of anonymity, which makes it psychologically easier for a person to commit fraud against the merchant. Essentially, the fraudster is looking to obtain merchandise from the merchant without paying for Read More
In a new chapter of his ongoing mission to secure the Internet, Ori Eisen announced that he has founded Trusona,the category-defining identity and authentication platform for the world’s most critical and sensitive web transactions. With a proven track record that includes founding online fraud prevention and detection solution 41st Parameter Read More
In a new chapter of his ongoing mission to secure the Internet, Ori Eisen has announced that he has founded Trusona, a category-defining identity and authentication platform for the world’s most critical and sensitive web transactions. With a proven track record that includes founding online fraud prevention and detection solution Read More