Payments News

Retail Fraud Online Actually Went Down For Black Friday

Dec 01, 2017
Here’s a nice change of pace going into the weekend: It looks like online fraud did something unsual for Black Friday this year.

It went down.

For the first time in several years, credit card fraud (the most common fraud form factor for retailers online) fell to 42 percent of total fraud during the holiday shopping weekend. Last year, the same weekend saw credit card fraud at 59 percent of all fraud, according to data from authentication and fraud prevention provider iovation.

Read the full article:
https://www.pymnts.com/news/retail/2017/black-friday-online-retail-fraud-drops/