As Amazon reveals ways in which it has been confronting issues such as retail fraud, LexisNexis, in the fourteenth edition of its annual “True Cost of Fraud Study: E-commerce and Retail Report – U.S. and Canada Edition,” demonstrated merchants in the...
A survey sponsored by Loop, a return management platform for e-commerce brands, found that 39% of online shoppers admit to engaging in return policy abuse or fraudulent behaviors in the past 12 months or know someone who has. The behaviors ranged from outright fraud...
Retail merchandise returns in 2023 totaled some $743 billion, accounting for 14.5% of total sales, according to a report published by the National Retail Federation and Appriss Retail. The total included about $101 billion in fraudulent returns, which translates to a...
The Amazon Counterfeit Crimes Unit and Therabody have filed a joint lawsuit against a crime ring that attempted to sell counterfeit massage devices on the retailer’s website through six selling accounts. Therabody offers its unique message device the Theragun in more...
As bad actors online continue to find ways to evade procedures designed to thwart them, Amazon Web Services has announced that Veriff, an identity verification firm, will reinforce its IT infrastructure with AWS resources. As such, Amazon and Verify will work together...
