The impact of the pandemic on fraudulent activity and consumer retail habits are outlined in the new Feedzai’s Quarterly Financial Crime Report (Q4 2020 edition) based on exclusive data from over 4 billion global transactions across all major industries between March and September 2020.
Notable findings included in the report:
- Card not present (CNP) transactions rose 30% in Q4 2020.
- Sporting good sales increased 13% in May 2020 compared to December 2019 activity.
- Transactions processed from June-Sept. 2020 are 30% greater compared to Sept. 2019.