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Home » fraud trends

Articles Tagged with ''fraud trends''

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Online Fraud Dropped 33 Percent During Black Friday to Cyber Monday Period

December 6, 2017

New data from Jumio revealed that online fraud, which had been steadily increasing globally between 2014 and 2016, dropped 17 percent in 2017. During the holiday shopping period of Black Friday through Cyber Monday, fraud dropped 33 percent.


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Online Retail Credit Card Fraud Drops 29 Percent

November 30, 2017

For the first time in recent years, credit card fraud -- which remains the highest fraud type for online retailers -- has dropped from 59 percent of total fraud found in the 2016 holiday week to 42 percent of total fraud found in 2017 the holiday week.


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Two-Thirds of Businesses Experienced Increased Fraud Attempts in 2017

November 15, 2017

A new report reveals that businesses across industries are experiencing more sophisticated fraud attempts across multiple customer-not-present channels.


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Online Customers Value Improved Fraud Detection

November 15, 2017

A new study reveals there is a lot retailers can do to boost future revenue by more effectively managing online purchase returns and fraud detection processes.


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E-Commerce Fraud Loss Reaches $57.8 Billion

October 30, 2017

Account Takeover has replaced Stolen Financials as the fastest growing fraud threat for eCommerce websites in 2017.


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Eight Out of Ten Employers Find Resume Fraud

September 21, 2017

A benchmark study on employment background screening revealed more than eight out of ten employers found resume fraud that includes embellishments or outright lies on job applicant resumes in the last year.


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U.S. Businesses Spend $2.66 to Combat Every Dollar of Fraud

September 7, 2017

Every dollar of fraud to merchants and firms in the retail and financial services sector is estimated to cost $2.66 on average, said a new fraud report.


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Debit Fraud Loss Rates Decline After Chip Cards Introduced

August 14, 2017

According to the 2017 Debit Issuer Study, U.S. financial institutions substantially increased issuance of chip debit cards in 2016 and experienced reduced fraud losses.


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Nation’s Top 10 Consumer Complaints Released

July 28, 2017

Shoddy installation of solar panels and leasing lemons vehicles are leading high on the list of complaints to state and local consumer protection agencies last year across the country.


 

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Fraud Has Decreased Nearly 35% Since 2016

June 3, 2017

eCommerce fraud as a percent of sales dollars has been declining across the board, except for two industries, since the first quarter of 2016.


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