Retail Fraud

Game-changing regulation may be coming, but for now at least—with willing and naïve customers—it’s a real good time to be a maker of fake goods.

Incisiv and Newmine have launched the Retail Returns Prevention Playbook, which addresses retail’s urgent need to minimize returns to improve top-line growth and customer satisfaction.

Finding and following trails of money as it flows through legal and illegal channels is critical to identify the network, build the case, and ultimately dismantle the ORC operation.

Every year, merchants experience a sudden influx of chargebacks. From the beginning of January and almost into April, companies will get the ‘holiday hangover’ in which dispute volumes can rise by as much as 40 percent.

This 23-page whitepaper describes the problem in detail and offers solutions that retailers can implement to address it.

Retailers will probably lose $130 billion from CNP fraud between 2018 and 2023, according to a 2019 market forecast study by Juniper Research on online payment fraud.

Chargebacks are an inescapable part of e-commerce. The high sales (and increased fraud) of November and December translate into a significant volume of chargebacks in January and February.

Discounting can be a perfectly legitimate practice, which makes it difficult to sort the valid transactions from the improper ones.

Due to its size as well as logistics processes, Amazon is a common target for criminals attempting return fraud of various types.

Here are three major points of risk caused by the integration of e-commerce and brick and mortar, plus how you mitigate the risk.