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Is your e-commerce business’ growth attracting fraud?

Retail Technology Review

In 2015, e-commerce accounted for 7.4 per cent of global retail sales. per cent by 2024. By Ed Whitehead, Managing Director of EMEA at Signifyd. Online shopping has exploded in the past decade. In 2020, this had grown to 18 per cent with projections of a rise to 21.8

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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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Ecommerce will account for a third of all global chain retail sales in five years

Retail Technology Review

Analysts predict that 30% of global retail sales will be made through ecommerce channels by 2024, according to global ecommerce insights business Edge by Ascential at Retail Week’s Tech. festival.

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

ESW

A May survey of 952 online shoppers by Digital Commerce 360 and Bizrate Insights found almost two-thirds (65%) of buyers scored their online shopping experience an eight or higher out of ten. is that grocery stores don’t work like other eCommerce stores. Online retailers ship from warehouses designed for rapid pick-and-pack,” he says.