April 11, 2021

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As online fraud rises, 72% of retail brands expect to grow fraud teams

Retailers around the world are increasing their fraud teams and budgets because of a significant rise in all types of online fraud during the pandemic, a research by Ravelin finds. 72% of retail brands around the world expect to grow fraud teams in the next year, while 76% predict their budget to tackle fraud will increase in the next 12 months — with 20% expecting a “significant” increase. Focus on fraud detection driven by surges … More

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