Remove Cleveland Remove Fraud Remove Online Remove Retail
article thumbnail

Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

‘Tis the season … to be very, very wary of phishing and other types of fraud. Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion.

Fraud 100
article thumbnail

eCommerce Numbers Spike Across Categories

PYMNTS

As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential retail will show a dramatic spike. New data released this morning by ACI Worldwide show that most retail categories have seen a 74 percent rise in March compared to 2019 for eCommerce.

Cleveland 181
article thumbnail

Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News

PYMNTS

Payroll Fraud Could Cost KeyCorp $90M. Cleveland-based regional banking firm KeyCorp disclosed a massive instance of fraud that could potentially come at a cost of $90 million. The company said in a K-8 filing that the fraud involved a “business customer” and that it was discovered “on or about” July 9.

Cleveland 128