Proliferation

Ecommerce enabler GoKwik said there is an increasing proliferation of fake orders on ecommerce platforms from people who provide gibberish contact and address details, impacting the cost of operations for companies."Over the last two weeks, we have observed 2-10% of total orders being fraudulent on the affected merchants. For some, it has been as high as 15-20%. However, with our return to origin (RTO) risk intelligence and fraud prevention mechanisms, we were able to intervene and safeguard merchants immediately. We fear…

Famed ice cream company Ben & Jerry’s is no longer spending money on paid advertising on Twitter, citing an uptick in hate speech as the reason for the move. In the company’s statement, it clarifies it’s not only troubled by hate speech from the general masses across the social network, but also the speech of the site’s owner, Elon Musk. “Hate speech is up dramatically while content moderation has become all but non-existent,” the statement reads. “In addition to the changes on the platform that have led…

When Fred Levine steps off the patio of his beachfront home onto the crowded boardwalk, a roughly three-mile pathway that stretches parallel to the sand along the Balboa Peninsula in Newport Beach, he has to remember to look both ways.“It’s like stepping onto the 405 Freeway,” he said.Three decades ago, Levine moved to what some refer to as the city’s “war zone,” a nickname given not because of crime but for the reputation of summertime rowdiness along the boardwalk, which now includes an abundance of electric bicycles.…

Connected technologies will make it easier for customers to make the shift from ICE to EV.New Delhi: With new dimensions emerging in the automotive industry, the onset of 5G bandwidth will influence the adoption and proliferation of the connected technologies and the electric vehicle industry, said the industry experts at ETAuto virtual roundtable on Smart Vehicles- Looking into the future. Connectivity is at the heart of the ecosystem and this is a big opportunity for telecom operators as well. After the traditional…

In recent days, the law enforcement agencies of India have been tracking and tracking risky loan apps that have been operating in the country unlawfully. Finance Minister Nirmala Sitharaman has taken notice of these fraudulent instant loan apps and has directed the Reserve Bank of India (RBI) to prepare a ‘whitelist' of instant finance apps, that are genuinely clear to operate in the nation. Several low-income Indians have, off late, found themselves being trapped by predatory loan apps and have ended up getting exposed…