Today in Data: Fraud Keeps Small Businesses From Growing

By  |  June 7, 2022
 | 
fraud prevention

Today in data, new research shows that nearly half of small to middle-market businesses are avoiding onboarding new clients due to worries about fraud.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Today in DataData

    47%: Share of companies that have chosen not to bring on new clients due to fraud concerns

    12-13: Average number of days it takes for a business to onboard new clients before taking their orders

    5 in 10: Number of businesses that say better digital solutions are the key to combatting fraud

    ¾: Portion of companies searching for new ways to cut fraud-related losses

    Advertisement: Scroll to Continue


    Recommended

    Hersheys Dubai Chocolate

    The Holiday Dinner Set for the Ultra-High-End Digital Chef

    OCC Aims to Reform Liquidity Risk Management and Anti-Money Laundering Compliance

    Walmart Completes Street-Front Retail Lineup at New Corporate Campus

    Conversational AI Becomes New Front Door for Holiday Shopping

    See More In: , , , ,