Fighting Retail Fraud at the Local Level

Smaller retailers should look for anti-fraud systems that are built around a flexible rules engine that can create tailored, individualized anti-fraud strategies and generate immediately actionable alerts.

For example, one of the more common fraud types faced by smaller retailers is perpetrated by criminals who use a fake credit or debit card to buy a prepaid card and load up with cigarettes or other easily fenced items. An effective countermeasure is to create a simple rule that prepaid cards cannot be bought in bulk.