Digital Fraud
Walgreens Fights Promotion Abuse With Digital Tracking
In the December edition of the “Digital Fraud Tracker,” done in collaboration with Simility, PYMNTS explores the latest in the world of fraud prevention, including the expanding threat of promotion abuse fraud, holiday season cybercrime schemes retailers are facing and the new fraud-fighting initiatives from retailers, banks and third-party security companies.
Inside the December Tracker
- An interview with Luke Rauch, Walgreens vice president of customer experience and owned brands, on why digitizing promotions is key to stopping promotion abuse fraud
- The latest digital fraud developments, including a rise in account takeovers during the ongoing holiday shopping season and details on a recent spike in card fraud losses in the U.K.
- A Deep Dive analyzing how the pandemic has enhanced the risks and the associated costs of promotion abuse for merchants in the 2020 holiday season
