Consumers returned nearly $900 billion worth of merchandise in 2024. Return fraud is on the rise and retailers are using ...
Fraud is eating into retail profits. A new startup called Pinch AI just launched with $5 million in funding to fight back.
Nearly half of shoppers in a recent survey admitted to some sort of "return fraud," and one estimate says nearly 1 in every 10 retail items returned for a refund is fraudulent. Josh Sidorowicz is In ...
From fraud to phishing attacks to online fraud, tricksters are targeting entrepreneurs harder than ever. Here are the common ...
Veterans from the digital payments pioneer founded Pinch AI and have raised capital for a business that detects fraudulent ...
Return fraud and counterfeit goods surged in 2025, costing retailers billions. From wardrobing to fake products on ...
“Free returns” aren’t always free anymore: lots of retailers now deduct mail-in return fees, so your best move is in-store returns Fraud detection is getting smarter: retailers are using AI + image ...
Forbes contributors publish independent expert analyses and insights. Shelley E. Kohan covers the retail industry and is based in New York. Happy Returns uses Return Bar locations at over 5,000 UPS ...
LOS ANGELES, Dec 18 (Reuters) - Nearly one in every 10 retail items that are returned ‌for a refund in the U.S. is fraudulent, according to a UPS-owned reverse ‌logistics company that says it plans to ...