Employee Theft news and trends

Today In Data: Cash Flow Concerns, Holiday Spending Bumps And Amicus Briefs
Today In Data // December 19, 2017

Today in PYMNTS’ data, employees are stealing from their employers, Amazon’s voice-activated virtual assistant Alexa is contributing to contextual commerce, Australian small- and medium-sized businesses (SMBs) are experiencing cash flow concerns, data shows holiday shopping is seeing its best year yet and amicus briefs are...

Today In Data: Ridesharing, Employee Theft And American Spending
Today In Data // November 28, 2017

It seems individuals will always find a way to get the most out of things, be it expecting innovative technology that will solve their problems or understanding the long-term value involved in a hefty purchase price. Today in PYMNTS’ data, employees have admitted to stealing...

Employees Steal $50 Billion From SMBs Every Year
B2B Payments // September 14, 2017

Employees are stealing billions of dollars from their U.S. small business (SMB) employers every year, according to new data from Statistic Brain and reported in CNBC this week. According to Statistic Brain, employee theft amounts to $50 billion every year — 7 percent of annual revenues....

The Pros And Cons Of Amazon’s Internal Security Tactics
Retail // March 29, 2016

Is Amazon’s method of broadcasting failed employee theft attempts to its current warehouse workers an effective means of deterring theft, or will it only make the problem worse? New data shows that the latter may be the case.