returns fraud

Loop Debuts Tool to ‘Offset’ the Cost of Returns
Loop Debuts Tool to ‘Offset’ the Cost of Returns
September 25, 2024  |  Retail

Loop has debuted a solution to help merchants offset the cost of returns and reverse logistics. Dubbed “Offset,” the solution lets brands offer their customers the...

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Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
August 23, 2024  |  Security & Fraud

Returns fraud and policy abuse have surged to unprecedented levels, with U.S. merchants losing an estimated $101 billion in 2023 due to these issues. In...

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Tech-Enabled Solutions Put the Brakes on Returns Fraud
Tech-Enabled Solutions Put the Brakes on Returns Fraud
April 24, 2024  |  Retail

An integral aspect of the retail cycle, returns have surged in recent years with the growth of online channels. However, accompanying this increase in returns...

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Amazon Merchants Battle Wave of Bogus Returns
Amazon Merchants Battle Wave of Bogus Returns
April 04, 2024  |  Amazon

The battle against the $101 billion returns fraud problem has reportedly taken a new turn. It involves sellers on Amazon sending off their wares, only to get “returns” that...

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Amazon Sues ‘International Fraud Organization’ Over Phony Returns
Amazon Sues ‘International Fraud Organization’ Over Phony Returns
December 10, 2023  |  Amazon

Amazon has sued an international group known as REKK for allegedly stealing millions via fraudulent returns. The suit, filed last week in U.S. District Court in...

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