When retailers discuss ecommerce fraud detection, their top priority is typically fraudulent chargebacks. A chargeback occurs when a consumer questions a transaction on their credit card and asks the bank to reverse it. There’s no denying that chargebacks are a worthwhile concern for retailers — 44%…
It is clear that the industry is going to have to work its way through all this inventory, but the good news is the holiday season is just around the corner when traffic is at its peak.
The latest P&C industry personnel news from Lockton, USQRisk, NFP and more.
While retailers have well-trained LP teams in place to identify and mitigate fraud and shrink occurring in stores, the same focus is not often applied to ecommerce fraud, particularly fraudulent merchandise claims.
Crawford & Co. Appoints Senior VP Crawford & Co., a global claims administrator based in Atlanta, appointed Awais Farooq as senior vice president,
Global Claims Services, an insurance technology company, has appointed Brian Matthews as chief executive officer. Matthews will work out of the GCS
/PRNewswire/ -- Global Claims Services (“GCS” or the “Company”) announced today the appointment of Brian Matthews as Chief Executive Officer. Matthews has...
With the costs of returns nearly doubling from 2020 to 2021, retailers are being forced to take a new look at their lenient return policies.
Walmart’s announcement that it will offer curbside returns and return pickup for Walmart+ members is causing retailers to take stock of their return policies.
Retail shrink accounted for $94.5 billion in losses in 2021, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey from the National Retail Federation. Organized crime is a “critical component” of the shrink, according to…
The Hardin County Commissioners Court took action on mostly housekeeping items and approving bids, along with recognition of several county employees at their Sept. 27 meeting.
Two Anderson County law enforcement officers were honored with the 2021 American Legion Law Enforcement Officer of the Year award during Commissioners Court Monday, Sept. 26.
One aspect of growth and its increase in sales is the fact that it usually means more free returns, Digital Commerce 360 finds.
From the Commissioners Court of Hardin County - Notice of Regular Meeting and Agenda set for 10 a.m. Tuesday, Sept. 27, 2022 at the Hardin County Courthouse Com
LOUISVILLE, Ky. — The Leadership Louisville Center is sharing the news of its fiscal year 2023 Board of Directors, including Jennifer Hancock, President
HENDERSON COUNTY–Commissioners’ Court of Henderson County voted Sept. 20 to enter private property and remove brush and dirt on the edge of its right-of-way on Welch Lane in Gun Barrel City for construction of a 20-by-20-foot bridge within the county’s jurisdiction.
Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey.
Fannin County Commissioners Court voted to adopt the 2022 tax rate of $0.435213 for Fannin County. Last year’s rate was $0.5341.
Gillespie County Commissioners approved the budget for the 2023 fiscal year during their regular meeting on Monday, Sept. 12.
Rating Action: Moody’s assigns Baa2 rating to Equifax’s new senior unsecured notesGlobal Credit Research - 07 Sep 2022New York, September 07, 2022 -- Moody’s Investors Service (“Moody’s”) assigned a Baa2 rating to Equifax Inc.’s proposed 5-year senior unsecured notes. The outlook is stable.Net proc…