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Merchant eCommerce Payment Fraud Losses Expected to Exceed $90 Billion Annually by 2028

Forecast says eCommerce merchant payment fraud losses will exceed $362 billion globally during the five year period ending in 2028.

Merchants Expected to Lose $41 Billion to eCommerce Fraud Globally in 2022

The total cost of eCommerce fraud to merchants is expected to reach $41 billion in 2022 then increase by 17 percent to reach $48 billion...

US Online Holiday Sales Expected to Return to Single Digit Growth in 2022

Digital Commerce 360 has been tracking US online holiday sales growth since 2015 with year-over-year percentage growth in the...

Digital Wallet Transactions to Reach $7.5 Trillion in 2022, Fraudsters Likely to Follow the Money

A recent study from Juniper Research forecasts substantial growth in payments made from digital wallets with increasing acceptance at...

Black Friday and Cyber Monday Online Sales Set Records but Fall Short of High Expectations

Cyber Monday once again set the record for the largest online shopping day in the United States as consumers spent more than $10.8...

WELCOME TO NEWS & EVENTS

Welcome to The Fraud Practice’s FraudBlog; your source for updates on current events, commentary and best practices related to the...

Is Model-Based Fraud Scoring right for your business:

Model-Based Fraud Scoring is a technique used by merchants to predetermine the level of risk involved with an order in a card-not-present...

Should Legacy Rules-Based Systems be Ruled Out as New Marketplaces Emerge?

The accelerations in eCommerce Delivery, Marketplaces and the gig economy have companies scrambling to make better decisions, faster. ...

The Rise of Machine Learning and AI in the Fraud Prevention Industry

13% of organizations today have adapted Machine Learning and AI into their fraud detection protocols. Another 25% of organizations plan...

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