Remove Accounting Remove Loss Prevention Remove Merchant Services
article thumbnail

Transaction Similarity Analysis: a Cutting-Edge Solution in Fraud Detection

Retail TouchPoints

As ecommerce losses from online payment fraud surge toward $48 billion annually, it’s crucial for organizations to leverage advanced technologies to stay ahead of these bad actors. A sudden spree of small electronics purchases from different vendors at a new location could indicate account compromise.

article thumbnail

Retail is the Most Common Location for Gun Violence, but There’s More to the Story

Retail TouchPoints

Despite the slightly less nefarious nature of these kinds of incidents, gun violence still accounted for 1,642 fatalities and 3,295 injuries in 2024; 551 of those fatalities happened at retail. Yet it still paints a dire picture of the situation in America today, one that is of utmost concern to consumers and the merchants who serve them.

Location 162
article thumbnail

Jason & Scot Show Episode 323 Annual Predictions 2025

Retail Geek

Jason: [33:13] I’m I’m gonna count the 2 of those as my specialty retailer but but there were sadly more right so the Container Store Express Jo-Ann’s the general Merchant which is not quite as general merchandise as I would like but the the the the general Merchant in my mind that that failed last year was Big Lots.