Fraud is eating into retail profits. A new startup called Pinch AI just launched with $5 million in funding to fight back.
Return fraud and counterfeit goods surged in 2025, costing retailers billions. From wardrobing to fake products on ...
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 ...
Veterans from the digital payments pioneer founded Pinch AI and have raised capital for a business that detects fraudulent ...
Retailers are heading into peak season knowing that nearly a trillion dollars in merchandise will boomerang back through their doors, testing margins, logistics and customer patience all at once.
Retailers are bracing for a record wave of merchandise boomeranging back to stores and warehouses, with returns expected to approach $850 billion in value this year. At the same time, a growing share ...
Bought grandma the wrong size sweater for Christmas? If so, think twice about the best way to return it. Most large retail stores are now charging fees for mail-in returns, according to industry ...
“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 ...
NoFraud, an e-commerce fraud prevention provider, has acquired Yofi AI, a return fraud and policy abuse detection platform for e-commerce retailers backed by Nyca Partners, Point72 Ventures, and eBay ...