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Trustwave SpiderLabs Report: The 2023 Retail Threat Landscape

Inside Retail

The danger facing the retail sector is year-long and growing, as revealed in the just-released Trustwave Threat Intelligence Briefing: The 2023 Retail Services Sector Threat Landscape. trillion in 2022, marking a 209 per cent increase from 2019, according to Comscore. This effort does pay off.

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Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. For retailers with overseas customers, the returns process can be more complex, with potentially more loopholes for returns fraud. Return fraud scams are not solely practiced by individuals.

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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

In 2019 , the total market share of online U.S. Without proper identification of the individuals behind transactions or new account openings, it’s difficult for retailers to tell the difference between good customers and bad actors, and therefore easier for fraudulent activity to slip through. The Harmful Impact of Digital Fraud.

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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

A recent report from the payments and shopping service Klarna found that 34% of shoppers actually plan to spend more on gifts this year than last year, with Gen Z ( 57% ) and millennials ( 53% ) more likely than other age groups to expand their budgets. Stressed Consumers Spread Out Spending with BNPL. said Pandya. “

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New ‘tech-recirculation’ service Springs into supermarkets

A1 Retail

All electrical devices, including smartphones, tablets and e-readers, that are thrown-away constitutes e-waste – Spring will ensure all devices it buys will be repaired, refurbished, reused, or recycled – with no components incinerated, sent to landfill or shipped overseas. An account can be set up quickly and easily at Spring.co.uk.

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Inside Retail/ShipStation research reveals emerging customer behaviours

Inside Retail

Throughout the months of lockdown and quarantine, shoppers have become far more demanding than ever before – and their expectations of immediate service, payment and deliveries have accelerated beyond all forecasts made prior to the advent of Covid-19.

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Using technology to better support conflict-affected families in Nigeria

Cisco Retail

Over the past decade, there has been a growing consensus in the humanitarian community that cash — in the form of vouchers, prepaid debit cards, mobile transfers, bank account transfers, or paper money — is a preferable form of support as compared to in-kind aid such as food, hygiene, or winterization kits. From paper to innovation.