Rising payment fraud wave threatens consumers, retailers, and the payment sector as Black Friday approaches
SIGNICAT, November 23rd, 2023 - With consumers gearing up for unbeatable deals and retailers and fintechs prepare for record-breaking sales, the scope of fraudulent payment activities is greater than ever. Market data reveals a concerning rise in various forms of payment fraud, presenting a significant challenge to the security of financial transactions during the holiday shopping season, which st