Payment Fraud Losses Expected to Increase 410% in Emerging Markets Over the Next Five Years
Merchant eCommerce payment fraud losses on physical goods is forecasted to grow from $1 billion in 2023 to $5.1 billion in 2028 across...
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Justin McDonald
Aug 9, 20238 min read
Three Rules for Effective Payment Fraud Prevention
This article discusses three key rules at the core of effective payment fraud prevention strategies.
Justin McDonald
Aug 8, 20231 min read
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.
Justin McDonald
Nov 9, 20222 min read
Just 40% of Consumers Have NOT Attempted Some Form of Promo Abuse in the Past Year
More than 30 percent of consumers admitted to abusing referral programs by referring themselves using a new email address to obtain a...
Justin McDonald
Nov 4, 20221 min read
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...
Justin McDonald
Jul 25, 20222 min read
Synthetic Identity and New Account Fraud Among the Most Rapidly Growing Types of Attacks
New account fraud attacks increased 109 percent in the US according to Javelin Strategy’s most recent identity fraud study. Meanwhile,...
Justin McDonald
May 24, 20225 min read
Account Takeover and Alternative Payments: Understanding the Impact of the Fraud Economy
May 24, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Does your organization have a 360° view on the...
Justin McDonald
May 24, 20222 min read
The Large and Growing Threat of Account Takeover
Account Takeover (ATO) represented one-in-four identity fraud losses in 2021 growing 90 percent year-over-year to an $11.4 billion dollar...
Justin McDonald
May 24, 20221 min read
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...
Fraud Practice
Nov 5, 20212 min read
Fraud This Holiday Season Could be Even More Difficult to Detect as Fraud Rings Expand Mule Networks
Fraudsters use money mules for laundering as well as to receive and reship goods purchased with stolen identities. A large mule network...
Fraud Practice
Nov 5, 20212 min read
Keeping Up with the New Normal in eCommerce, Fraud and Payments
A common theme throughout 2020 has been the acceleration of digital adoption across both businesses and consumers. We take a look at the...
Fraud Practice
Nov 5, 20214 min read
Who Is Looking Out For eCommerce Merchants?
Guest Post Written by: Daryn Griggs, Co-Founder, Payshield, Certified eCommerce Fraud Professional Who Is Looking Out For eCommerce...
Fraud Practice
Nov 5, 20211 min read
Cyber Weekend Fraud Declines See 30% Increase Year-Over-Year and 50% Increase Relative Rest of Year
The number of order attempts declined for suspected fraud increased by nearly 30 percent year-over-year for orders between Thanksgiving...
Fraud Practice
Nov 5, 20212 min read
Online Order Returns Spike Post Holidays
Private courier UPS has declared January 2nd National Returns Day, the busiest package return day of the year, and prepared to handle...
Fraud Practice
Nov 5, 20212 min read
Winners and Losers in the Largest US Online Holiday Shopping Season Yet
Mobile and eCommerce shopping hit new highs this holiday season as Cyber Monday yet again beat its own record as the largest online...
Fraud Practice
Nov 5, 20211 min read
Nearly Four Thousand Data Breaches, Four Billion Records Compromised in First Half of 2019
More than 3,800 data breaches occurred in the first half of this year, a 54 percent increase from the first half of 2018. The number of...
Fraud Practice
Nov 5, 20211 min read
JP Morgan to Discontinue Chase Pay for Mobile Contactless Payments
Unable to catch up to Apple, Samsung or Google Play, Chase Pay was used by less than 10 percent of Chase cardholders in the last 90 days,...
Fraud Practice
Nov 5, 20212 min read
More than 40 States Have Enacted Economic Nexus Legislation to Collect Online Sales Tax
Forty-two states plus the District of Columbia have laws in place, already in effect or scheduled to take effect soon, that increase the...
Fraud Practice
Nov 5, 20212 min read
Nearly 450 Million Consumer Records with PII Exposed in 2018
According to the Identity Theft Resource Center, who just released their 2018 End-of-Year Data Breach Report, the number of data breaches...
Fraud Practice
Nov 5, 20211 min read
Consumers More Concerned with Fraud than Overspending During Holiday Season
A recent survey from CaptialOne found that 26 percent of consumers believe Cyber Monday is the riskiest day of the year to shop online...
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