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Home » Topics » Sectors » Retail/Restaurants/Convenience

Retail/Restaurants/Convenience
Retail/Restaurants/Convenience RSS Feed RSS

Holiday Return Fraud Will Cost $2.2 Billion in 2015

December 17, 2015

Retail fraud comes in many shapes and sizes and is especially rampant during the holiday season when online and in-store traffic grows significantly.
 


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Survey Finds Biometrics More Secure than Usernames and Passwords

December 4, 2015

An independent survey of online shopping trends found that 90 percent of participants think that passwords provide little or no security, yet they are still the main way people access their accounts.


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Tis the Season for Retail Shrink

diane-2016-200.jpg
Diane Ritchey
December 1, 2015

Shrink, comprised of shoplifting, employee or supplier fraud, and administrative errors, continues to plague many retailers in the U.S.


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Latest Global Retail Theft Barometer Study Finds U.S. Retail Shrink Up

November 4, 2015

Shrink, comprised of shoplifting, employee or supplier fraud, and administrative errors, rose in the U.S. from 1.28 percent of sales in 2013-2014 to 1.97 percent during 2014-2015.


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Target Converts to Credit Cards with PINs for Security Reasons

October 14, 2015

Target has become the first major credit card issuer to convert to cards that contain a PIN.
 


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NRF and FBI Call for PINs for Chip-Based Credit Cards

October 10, 2015

The National Retail Federation said it agreed with a warning from the FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN to minimize risk.


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Average Cost of Cyber Crime per Organization Escalates to $15 Million

October 6, 2015

A new study reveals a dramatic increase in the overall cost of cyber crime. 


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Retailers Losing 1.32% of Revenue to Fraud

October 6, 2015

According to the LexisNexis® True Cost of Fraud study, merchants are overwhelmed by increasing revenue losses to fraud.


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More than Half of U.S. Consumers Lack Awareness of EMV 'Chip' Credit Cards

September 16, 2015

A survey has found that that 56 percent of consumers are unaware of what an EMV or 'chip' credit card is.
 


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Survey Finds Organized Retail Crime Still Prevalent Across the Industry

September 15, 2015

When it comes to the organized crime gangs that wreak havoc on retail stores, inventory and the bottom line, retailers are getting more aggressive in their efforts to fight the problem.


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