Tag: fraud
3 Tips for Getting Your E-commerce Off-season Right
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.
New Report Examining Retailers’ Return Policies Released
Returns accounted for 10.6 percent of retail trade in 2020, and totaled $428 billion. With increased ecommerce adoption across retail segments, returns are set to grow exponentially in 2022 and beyond.
Using Data to Stop Four Types of Discount Fraud
Discounting can be a perfectly legitimate practice, which makes it difficult to sort the valid transactions from the improper ones.
Is the Ecommerce Boom Driving the Rise in Return Scams?
Due to its size as well as logistics processes, Amazon is a common target for criminals attempting return fraud of various types.
Is Your Retail Business Ready to Fight Fraud This Holiday Season?
An increase in online and offline transactions means that the perfect opportunity exists for cybercriminals to intensify the scale of their attacks everywhere, including retail businesses.
What Is Organized Retail Crime?
Organized retail crime involves two or more persons obtaining retail merchandise through theft and fraud as part of an unlawful enterprise.
How to Expand Admissions in Employee Theft Cases
It is rare for an associate to be caught the first time they engage in dishonest behavior. When a person is caught the very first time they steal, it is likely they have been involved in a pattern of theft activity elsewhere.
Where Will You Find Value? A Deep Dive into the Power of Integration
Big or small, a retailer has a range of technology options to improve security and loss prevention—but none of those should be used in a silo.
Combating Retail Shrink with AI: Two Case Studies
Whether you are an AI skeptic or an enthusiast, these real-life scenarios illustrate the impact of AI and IoT and demonstrate ways for the retail industry to reimagine their loss prevention strategies with advanced technologies.
Exactly What Is a Shoplifter and How Much Do You Know?
The crime of shoplifting is as old as shopping itself. The first documented cases of shoplifting took place in 16th-century London and involved groups of men called “lifters” (early organized retail crime?).