Lax return policies and lenient fraud prevention measures are fueling a surge in ecommerce fraud, ultimately burdening consumers with higher prices and diminished trust in online shopping. Ecommerce ...
The fifteenth edition of its annual LexisNexis True Cost of Fraud Study: E-commerce and Retail Report – US and Canada Edition reveals merchants pay nearly $5 in costs for every $1 they are defrauded.
Ecommerce fraud is accelerating, driven by a surge in customer abuse and the rapid adoption of AI. This is a key finding of new research from ecommerce fraud prevention platform Ravelin. Ravelin’s ...