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Retailers adapt to rising fraud rates

Retailers adapt to rising fraud rates

Bonsai plant retailer Stilyo in November 2016 received its largest order to date: 100 levitating air-floating bonsai pots that totaled $17,499. Because the 2-year-old retailer had never experienced any significant issues with fraud, it shipped the order without conducting any background checks says CEO Eric Haim. That was a mistake: Stilyo received a chargeback from […]

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