Jan 17, 2017

US Retail E-commerce Was Expected To Account For $385 Billion In 2016

It is estimated that eCommerce sales will reach over $400 billion in the upcoming years. According to Forrester Research, they will account for $414.0 billion in sales in 2018. eMarketer says the amount will reach $491.5 billion in 2018. BI Intelligence, Business Insider’s premium research service, expected US B2C eCommerce to make up $385 billion in 2016 and predicted it...

Jan 17, 2017

Global Card Fraud Grows 20%. CNP Fraud Is On The Rise Worldwide

In 2015, total card fraud taken globally reached $21.84, which is almost 21% higher than the numbers registered in 2014. This is according to The Nilson Report, the most respected newsletter covering the payment systems industry. The US losses associated with global card fraud made up 39% or $8.45 billion; spending volume accounted for only 23%. Global losses are expected...