Black Friday is gone, but the challenge for safe shopping exists. Next, we will have New Year’s sales. That is why we wrapped up a few tips for safe shopping and Black Week statistics. Happy holidays!
Per Nordin
/ December 14, 2023
There are three articles for you to read:
Be careful - don't let Black Friday turn into Blue Monday!
John Erik Setsaas, our Director of Innovation working with Financial Crime Prevention, shares his tips on how to avoid fake online stores. Setsaas asks you to question the reliability of the online store and not to click easily. It is better to enter the online store’s address manually in the browser.
The number of card transactions increased by 13 percent during Black Friday
We at Tietoevry Banking witnessed a 13% increase in the number of card transactions during Black Friday compared to an average Friday in November. During the whole Black Week, the transactions increased by 7.5%.
"This shows that consumers are increasingly shifting consumption to shopping holidays when the offers are plentiful and prices are lower", says Ole Jacob Selberg, Head of Application Operation at Tietoevry Banking
Tietoevry Banking prevented fraud worth 50 million crowns during Black Week
Our global PR and Communications Lead Per Nordin was interviewed by Sveriges Radio, i.e., the Swedish Public radio, on Tietoevry Banking’s efforts in detecting fraud in online shopping during the Black Week. He says that the company stopped suspicious online transactions worth 50 million crowns thanks to its market-leading fraud solutions.