Tag: Friendly Fraud

Consumers are exploiting merchants’ returns process in record numbers, and the costs are adding up. A study of UK retail ...

A consumer buys a dress for a wedding, wears it once, and returns it the next day for a full ...

As one of the three major credit bureaus in the United States, Equifax has broad visibility into consumer credit behavior. ...

A recent fraud survey from a UK fraud consortium reveals a troubling evolution in criminal tactics, highlighting that fraud isn’t ...

As first-party fraud continues to surge, data from FICO reveals that nearly a third of respondents believe that lying on ...

First-party has emerged as the most prevalent type of fraud worldwide. It accounted for more than a third of all ...

‍The Evolution of Card Payments and the Rise of Online Transactions In the late 1990s, card payments entered a new ...

Friendly fraud results in losses to retailers of more than $100 billion a year. However, most people who commit this ...

Last year’s TikTok-fueled spate of check fraud—allegedly taking advantage of a glitch at Chase Bank—was among the most widely publicized ...

Criminals are increasingly targeting consumers directly, but that doesn’t mean the threat to merchants has abated. In triangulation fraud, for ...