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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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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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Is your e-commerce business’ growth attracting fraud?

Retail Technology Review

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 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

Such sudden growth put most retailers operations under a level of pressure they’d never experienced before. Online retailers ship from warehouses designed for rapid pick-and-pack,” he says. Online grocery retailers can overcome the kind of issues described above, but doing so will require serious changes to their operations.