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Jim Rice
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To effectively assess the impact fraud is having on their profitability, retailers must measure beyond the loss of the good and include shipping fees, restocking fees and interest — all costs associated with inefficient fraud prevention.
Retailers walk a fine line when establishing their risk mitigation techniques and methodologies. It's tedious and expensive to manually review orders, and retailers can lose significant revenue if they cancel too many orders that look fraudulent. Having the right intelligence and flexible tools are key to enabling retailers to distinguish the difference.
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