Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

eCommerce Fraud to Exceed $107B in 2029

byBrianna Wilson
October 8, 2024
in News

A new study from Juniper Research, a company of experts in fintech and payment markets, has revealed the value of eCommerce fraud will rise from $44 billion in 2024 to $107 billion in 2029, a growth of 141%.

The study found that AI is fueling the sophistication of attacks across the eCommerce ecosystem, with the use of deepfakes created using AI to defeat verification systems being a key threat. This threat, combined with rising levels of ‘friendly fraud,’ where fraud is committed by the customer themselves, such as refund fraud, is increasingly threatening merchant profitability.

AI Use by Fraudsters Driving Risk

AI is enabling fraudsters to remain ahead of security measures and commit sophisticated attacks on a greater scale. By creating credible messages and a large number of synthetic identities, AI is facilitating higher quality attacks with an unprecedented frequency. These technologies are also highly scalable; empowering fraudsters to heavily automate their attacks and overwhelm rules-based prevention systems.

“eCommerce merchants must seek to integrate fraud prevention systems that offer AI capabilities to quickly identify emerging tactics,” Thomas Wilson, author of the report, said. “This will prove especially important in developed markets, where larger merchants are at higher risk of being targeted for fraud, such as testing stolen credit cards.”

How Should Merchants React?

Merchants are employing these same technologies to recognize emerging fraud patterns and react in real-time. Merchants must work to incorporate biometric identification into checkout processes to further secure transactions. By using methods such as liveness detection, merchants will be able to protect their business and customers from increasingly sophisticated AI deepfake fraud attempts.

Previous Post

Goldman Sachs Closes Strategic Investment, Upsizes Credit Facility for BrightNight

Next Post

Great Rock Capital Closes Term Loan Facility with Pennex Aluminum

Related Posts

Deal Announcements

JetZero Closes $100MM Financing Facility to Advance the Z4 Program

September 1, 2026
Deal Announcements

Digi International Expands Senior Secured Revolving Credit Facility to $350MM

September 1, 2026
News

Carrick Capital Partners Closes Oversubscribed Continuation Vehicle with $600MM

September 1, 2026
Deal Announcements

Rosenthal Capital Group Closes Three ABL Transactions, Totaling Nearly $10MM

September 1, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
News

Kilfoyle Joins Obra Capital as Chief Compliance Officer

September 1, 2026
News

KeyCorp Appoints Doll as Chief Strategy Officer & Deputy Chief Financial Officer

September 1, 2026
Next Post

Great Rock Capital Closes Term Loan Facility with Pennex Aluminum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25

Banks and Private Credit Managers Are Building an Origination Infrastructure That Neither Could Construct Alone

August 6, 2026

Capital, Consolidation & Conspicuous Consumption: The Gilded Age Captains of Industry

August 27, 2026

Stopping MCA Withdrawals: Why an “MCA Attorney” May Not Be the First Call

August 14, 2026

Covenant Defaults and the “Bad PIK” Signal: What Lincoln International’s Senior Debt Index Is Telling Direct Lenders

August 27, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years