To Beat Chargeback Fraud, Start Building Partnerships
Today, illegitimate credit card chargebacks, known as “friendly fraud," cost sellers a staggering $125 billion per year.
View Article2022 Retail Returns Rate Remains Flat at $816B
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a report released today by the National Retail Federation (NRF) and Appriss Retail.
View ArticleInside Scoop with a Fraudster Podcast | Ep. 2
Episode Two of the Inside Scoop with a Fraudster podcast continues the revealing conversation between LP Magazine's Stefanie Hoover and Alexander Hall.
View Article3 Data Behaviors That Give Away External Retail Fraud
Refund fraud is a major concern across all retailers. It is a favorite methodology of organized retail crime rings, whether via returning items they just plucked off the shelf, buying a premium item...
View ArticleEye in the Data: Focus on What Retail Fraudsters Buy, Not What They Steal
Retail fraudsters are always coming up with new ways to sneak unpaid merchandise out of stores, making it hard to proactively mitigate losses.
View ArticleManaging Self-Checkout: The Potential Role of Video Analytics
The growth in the use of various types of self-checkout systems (SCO), especially, but not exclusively in grocery, is one of the defining transformations of 21st century retailing.
View ArticleInside Scoop with a Fraudster Podcast | Ep. 3
In episode three of LPM's Inside Scoop with a Fraudster podcast series, Stefanie Hoover, CFI and Alex Hall talk about why check fraud is still a viable fraud method—and one that can do a lot of damage...
View ArticleHow Retail Businesses Can Take a Stand Against Employee Fraud
Unfortunately, with retail employees leaving jobs more frequently and an increased reliance on seasonal workers, employee fraud is on the rise.
View ArticleUnpacking Crypto: New Currency or Money Laundering Tool?
Cryptocurrency can help combat centralized financial power. But it can also attract criminals who use it to steal and commit fraud.
View ArticleInside Scoop with a Fraudster Podcast | Ep. 4
In the final episode of LPM’s Inside Scoop with a Fraudster Podcast featuring Alexander Hall and Stefanie Hoover, the two discuss the frightening reality of identity theft, and how to conquer it.
View ArticleHow to Eliminate Shrink Caused by Returns
Retailers can reduce returns by aiming at preventing returns in the first place. But how can this be achieved?
View ArticleRiskified and Mastercard Partner to Drive E-Commerce Profitability
Riskified announced a partnership with Mastercard that aims to improve profits and mitigate fraud and chargebacks.
View ArticleWHITE PAPER: How Retail Loss Prevention Can Fight Fraud and Reduce Shrink
In this white paper, Michael Leithner, retail loss prevention specialist at TransUnion, explores how the right tools can transform data into actionable insights that retail loss prevention teams can...
View ArticleShaping the Future of Fraud: Generative AI’s Stealthy Impact on Synthetic...
In this article, read Rick Sunzeri's perspective on how Generative AI (GenAI) will change the way organized fraud groups commit their crimes.
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