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eCommerce losses to online payment fraud to exceed $25 billion annually by 2024

Retail Technology Review

A new study from Juniper Research found that eCommerce merchant losses to online payment fraud will exceed US$25 billion in 2024, from just of $17 billion in 2020, despite the ongoing implementation of SCA (Secure Customer Authentication) in Europe.

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Is your e-commerce business’ growth attracting fraud?

Retail Technology Review

per cent of global retail sales. per cent by 2024. This is good news for businesses, as online platforms are allowing them to reach new customers and drive more sales. In 2015, e-commerce accounted for 7.4 In 2020, this had grown to 18 per cent with projections of a rise to 21.8

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Online Grocery Shopping During the Pandemic: What Worked and What the Future Holds

ESW

For instance, the machine learning team changed how item availability worked, adding out-of-stock badges to items and hiding low and out-of-stock items in customer search results. They also added a “Leave at my Door” service to allow customers and Instacart shoppers maintain social distancing. Even in the U.K.,