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NewsBriefs
industry stakeholders to rethink security in an increasingly mobile-first world. Worldwide is projecting a 14 percent
"People tend to feel safer when transacting on their mobile device," he said. "But increase in fraud attempts between
mobile devices can be a gateway to identity theft and corporate data breaches, Thanksgiving and New Year’s Eve,
and apps are susceptible to malware, spyware and privacy exposure." Scott and a 17 percent increase in the
noted that EZShield launched a new solution, Mobile Defense Suite, to protect value of attempted fraud. “The first
consumers and merchants from potential security incidents and data breaches. step to fighting fraud is knowing
what you’re up against,” said
Brace for an uptick in fraud attempts this holiday season Erika Dietrich, global director for
Merchants aren't the only ones pulling out all the stops this holiday season; payments risk at ACI.
crooks are upping their games, too. The electronic payments company ACI
“Fraudsters prepare for the peak
holiday season just as much as
merchants and consumers do. By
anticipating the increase in fraud
during the holiday shopping season,
and being aware of where fraudsters
may be lurking, consumers and
merchants can get ahead of
fraudulent activity and protect
themselves.”
ACI’s 2018 Holiday Season Merchant
Fraud Forecast, based on transaction
POS & Ecommerce trends involving leading global retail
Consumer Financing Solution brands, projects purchase volume
this holiday season will increase 18
percent over 2017 totals.
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EARN UP TO 2.5% ON EACH TRANSACTION sales data from the first full weekend
of the 2018 holiday shopping season.
Retailers – online and brick and mortar
combined – rang up well over $30 billion
in sales this past weekend, according to
preliminary data from several sources.
On Cyber Monday, ecommerce sites
made $7.9 billion in sales, an increase
of 19.3 percent over sales totals for
Cyber Monday 2017, reported Adobe
Analytics, which keeps tabs on online
sales.
But many consumers didn't wait until
Cyber Monday to start online shopping
sprees. Adobe noted that ecommerce
sites pulled in $3.7 billion on
CALL FOR DETAILS (888) 313-7841 Thanksgiving Day, and a record $6.22
billion on Black Friday. In addition,
total spending at independent retailers
and restaurants on Small Business
Saturday reached a record high $17.8
billion, according to data compiled by
American Express Co. and the National
Federation of Independent Businesses.
Las Vegas ● San Diego ● Denver ● Tampa
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