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More consumers plan to boycott Black Friday
More consumers plan to shop on Cyber Monday than on Black Friday, according to a recent Morpace Omnibus report.
Holiday intentions for U.S. consumers were revealed when the Omnibus data showed that out of 1,001 individuals surveyed, more than 57% plan to shop on Cyber Monday this year, compared to only 35% planning to shop on Black Friday. And of those planning to shop on Black Friday, only 23% will be strictly going to retail locations while another 55% will be shopping both in-store and online.
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Online card fraud poses major problem
It appears fraudsters are shifting their tactics online even in advance of the migration of in-store POS to EMV compliance.
The U.S. Retail Fraud Survey 2015 has reported a substantial increase in online credit card fraud. Published by Retail Knowledge and sponsored by cash handling technology provider Volumatic, the survey shows the biggest area of online loss remains, overwhelmingly, from the fraudulent use of credit cards (66%).

