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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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New Research finds the Salesforce economy will create more than $1 trillion in new business revenues and 4.2 million jobs between 2019 and 2024

Retail Technology Review

trillion in new business revenues worldwide between 2019 and 2024. in gains for every $1 Salesforce makes by 2024. Salesforce, the CRM solutions provider, has announced new research from IDC that finds Salesforce and its ecosystem of partners will create 4.2 million new jobs and $1.2

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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. Online shopping has exploded in the past decade. 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 This is good news for businesses, as online platforms are allowing them to reach new customers and drive more sales.

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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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Personalisation: a force for good in the world of retail, champions Cohaesus

Retail Technology Review

According to Gartner, by 2024, the World Health Organization (WHO) will identify online shopping as an addictive disorder. It predicts that a key driver will stem from retailers increasingly deploying AI and personalisation tactics, designed to drive greater awareness and engagement of products and services amongst consumers. .

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

ESW

“By mid-April, nearly 60% of retailers were putting up website banners advising of delays to deliveries, with around a fifth by mid-May outlining that they were prioritising the vulnerable, further delaying deliveries and removing delivery slots for the general population,” reports Paul Skeldon at Internet Retailing.