The last three years have been a turbulent time in the world with a global pandemic affecting every aspect of our lives. This has been followed by more concern about how stable our futures are looking with 93% of Europeans reported as worried about the rising cost of living according to a recent European Parliamentary survey.
Despite this, the German B2C ecommerce market was forecast to grow to €97.4bn in 2022 and ecommerce sales hit €129bn in France in 2021. Looking forward to 2023, economic growth may be possible but Deutsche Welle (DW) recently reported that Europe may avoid a recession but this is still uncertain.
For ecommerce businesses, the pandemic increased the number of people turning to the internet for their shopping needs, as well as the amount of money spent online. But this has in turn brought about an increase in ecommerce fraud and scams.
As consumers seek a bargain and businesses look to protect and grow their income at the same time, all parties become vulnerable to fraud.
To counter the anticipated trend of increasing fraud, the ecommerce fraud detection and prevention market size worldwide is predicted to grow 17% to $48bn in 2023 and another 20.3% into 2024.
The last three years have been a turbulent time in the world with a global pandemic affecting every aspect of our lives. This has been followed by more concern about how stable our futures are looking with 93% of Europeans reported as worried about the rising cost of living according to a recent European Parliamentary survey.
Despite this, the German B2C ecommerce market was forecast to grow to €97.4bn in 2022 and ecommerce sales hit €129bn in France in 2021. Looking forward to 2023, economic growth may be possible but Deutsche Welle (DW) recently reported that Europe may avoid a recession but this is still uncertain.
For ecommerce businesses, the pandemic increased the number of people turning to the internet for their shopping needs, as well as the amount of money spent online. But this has in turn brought about an increase in ecommerce fraud and scams.
As consumers seek a bargain and businesses look to protect and grow their income at the same time, all parties become vulnerable to fraud.
To counter the anticipated trend of increasing fraud, the ecommerce fraud detection and prevention market size worldwide is predicted to grow 17% to $48bn in 2023 and another 20.3% into 2024.
The last three years have been a turbulent time in the world with a global pandemic affecting every aspect of our lives. This has been followed by more concern about how stable our futures are looking with 93% of Europeans reported as worried about the rising cost of living according to a recent European Parliamentary survey.
Despite this, the German B2C ecommerce market was forecast to grow to €97.4bn in 2022 and ecommerce sales hit €129bn in France in 2021. Looking forward to 2023, economic growth may be possible but Deutsche Welle (DW) recently reported that Europe may avoid a recession but this is still uncertain.
For ecommerce businesses, the pandemic increased the number of people turning to the internet for their shopping needs, as well as the amount of money spent online. But this has in turn brought about an increase in ecommerce fraud and scams.
As consumers seek a bargain and businesses look to protect and grow their income at the same time, all parties become vulnerable to fraud.
To counter the anticipated trend of increasing fraud, the ecommerce fraud detection and prevention market size worldwide is predicted to grow 17% to $48bn in 2023 and another 20.3% into 2024.
The last three years have been a turbulent time in the world with a global pandemic affecting every aspect of our lives. This has been followed by more concern about how stable our futures are looking with 93% of Europeans reported as worried about the rising cost of living according to a recent European Parliamentary survey.
Despite this, the German B2C ecommerce market was forecast to grow to €97.4bn in 2022 and ecommerce sales hit €129bn in France in 2021. Looking forward to 2023, economic growth may be possible but Deutsche Welle (DW) recently reported that Europe may avoid a recession but this is still uncertain.
For ecommerce businesses, the pandemic increased the number of people turning to the internet for their shopping needs, as well as the amount of money spent online. But this has in turn brought about an increase in ecommerce fraud and scams.
As consumers seek a bargain and businesses look to protect and grow their income at the same time, all parties become vulnerable to fraud.
To counter the anticipated trend of increasing fraud, the ecommerce fraud detection and prevention market size worldwide is predicted to grow 17% to $48bn in 2023 and another 20.3% into 2024.