Costs of managing online fraud increases to 8% of a retailer’s annual revenue
April Berthene
Online retailers are spending 8.0% of their annual revenue to prevent and manage fraud, according to a new study from research consulting firm Javelin Strategy and Research LLC. The study “2017 Financial Impact of Fraud Study,” which fraud and payment provider Vesta Corp. sponsored, surveyed 497 e-commerce merchants that generated $1 million or more in […]