Appriss Retail data finds 21 percent of retail loss is preventable-including $86 billion lost to returns abuse; six-times more than returns fraud.
Retail returns are a $850 billion problem. A cross-functional approach combining consumer education and a "returns czar" are crucial to manage this complex issue.
Along with being a season for gathering with family and friends and having a jolly good time, the winter holidays are what consumer watchdog Jonathan Liebert calls “Super Bowl time” for scammers.
AI fraud has now outpaced traditional fraud, signaling a major shift in the threat landscape, according to the research.
Explore how modular data lakes transform fraud detection and SaaS. Specialist Tanvi Kopardekar discusses data automation, cost savings, and retail insights.
Detection failures are muddying an online information landscape awash with AI-generated fakes - Copyright AFP Chris Delmas Detection failures are muddying an online ...
Online shopping is now the default for many in advanced income countries. Consequently, and with the dark side of consumerist culture, scammers are exploiting it this festive season. The flood in ...
ON A HUMID afternoon in Manila, Trisha C. Valisno remembers sitting in a small storefront she once believed would fund her ...