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« April 20, 2004 | Main | April 22, 2004 »

April 21, 2004

Retail Loss Prevention

Tags » Merchants

CSO Magazine has a feature article on retail loss prevention.

We're definitely seeing more and more organized theft, as opposed to opportunists and amateurs. Part of the reason for this could be the ease of getting rid of the merchandise. In the past you would find stolen products showing up in flea markets across the country. But today with Internet auctions like eBay, there's a whole new outlet for stolen products.

eFunds Announces Two Acquisitions

Tags » Processors

eFunds has announced two acquisitions in the fraud and risk management arena.

"We are pleased to welcome both Penley and LCS to the eFunds group of companies," said Paul Walsh, chairman and chief executive officer, eFunds Corporation. "These acquisitions will allow eFunds to offer an integrated platform for risk management, fraud prevention and revenue optimization through our industry leading ChexSystems(SM) product suite. In addition, these acquisitions provide us with an entry point to extend our solutions into the Credit Card, Insurance and Broker Dealer markets.

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