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E-commerce losses due to online fraud to exceed $48 bn globally
Until August, UPI recorded over 30 billion transactions worth Rs 51.74 trillion for FY23. Online pa…
Shopping online? You could be paying thousands for a cement block
There is a trend of buying things online, so much so that there are several products, especially ph…
Visa has added new security capabilities for clients at no extra charge
This should make combating fraud a priority for all firms, and with e-commerce making up a greater …
Daniel Keyes
China has released its list of top five sources of online fraud in 2022
We truly want to believe that the internet is a safe place but we all know that humans can become a…
Are selfies the future of mobile payments?
As the e-commerce industry grows, so does the need for secure online payment systems. A common conc…
Nancee Halpin
Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey
The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…
PTI
How Online Retailers Can Reduce The Cost Of Re-Acquiring Existing Customers
KEEPING YOUR TOP CUSTOMERS HAPPY: Related to Josh Hannah's piece about the economics of online reta…
Cooper Smith
Paytm Mall ropes in auditing giant EY to crack down on frauds
No further details are known yet and when reached out, Paytm spokesperson was unavailable for co…
The Switch To Credit Cards With Embedded Computer Chips Has Serious Downsides For The US Payments Industry
EMV cards are supposedly more secure and fraud-proof than magnetic stripe cards, which are still do…
John Heggestuen
MyPillow CEO Mike Lindell told Steve Bannon he's launching 'MyStore' - a 'patriotic' version of Amazon
MyStore lists a range of products including "freedom flags," "freedom coffee," and books about form…
Cheryl Teh
Ad tech company TubeMogul will refund advertisers every time it accidentally serves an ad to a bot
TubeMogul doesn't envisage the refund program will generate any significant financial obligation be…
Lara O'Reilly
The Retail Industry Is About To Absorb Major Costs From The New 'Chip Card' Security Overhaul
But while the new EMV standard may help reassure customers about the security of their cards, the c…
John Heggestuen
Paytm Mall fires 10 employees and 100 vendors after a million-dollar cashback fraud
In what could possibly be one of the biggest blows for every Indian startup’s favourite cashback sc…
These 10 fraud-prevention startups are helping companies like Airbnb, Fiverr, and OkCupid fight everything from money laundering to catfishing - and nabbing a wave of VC cash in the process
Founded in 2013, the London-based startup hopes to bring crypto to the banks, who often won't trade…
Shannen Balogh
Walmart, Amazon, and others lost millions of dollars to an organized online refund fraud scheme
Feds say a criminal group recruited legitimate customers to initiate fraudulent returns for e-comme…
Dominick Reuter
A fraudster paid $160,000 to recruit moles inside Amazon to help him hijack other sellers' accounts and products, a new report reveals
A scammer paid off at least seven Amazon employees to help him infiltrate other sellers' accounts a…
Hannah Towey
Ad fraud detection firm White Ops gets an investment infusion from Goldman Sachs Merchant Banking
Business Insider's top advertising and media stories for December 22.