Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight
Retail TouchPoints
OCTOBER 18, 2023
Online return fraud cost U.S. retailers $22.8 retailers lose $10.40 Cutting Fraud to Claw Back Costs Retailers are pushing back. By using advanced algorithms, retailers can identify anomalies that might indicate returns fraud. billion in 2022. For every $100 in returned merchandise accepted, U.S.
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