Study shows global fraud increased by 31% during 2016 holiday season
The upcoming holiday season will make or break businesses dependent on shoppers to drive revenue and ensure success in the new year. According to benchmark data of top global merchants compiled by ACI Worldwide,* 2016 holiday fraud attempts increased 31%, while the number of overall transactions increased by 16%.
Do you know how to protect your business from point-of-sale fraud?
If you count on the holidays to make annual projections and to have cash needed for the coming year's investments, count on these tips to keep more of the holiday sales you ring up:
*Global fraud attempts increased by 31% during holiday shopping season, January 17, 2017 ACI Worldwide