Tag: North

04
May
2024

According to the LexisNexis Risk Solutions True Cost of Fraud Study, North American e-commerce and retail companies face a total cost of $3.00 for every dollar lost to fraud.

Atlanta – web wire – Wednesday, March 27, 2024 60% of e-commerce merchants and 53% of retailers experienced an increase in overall fraud levels. Digital channels contribute to more than half of e-commerce and retail fraud losses. One in five transactions uses digital payment methods such as digital wallets, BNPL, and cryptocurrencies. LexisNexis Risk Solutions