The pandemic has made it all but impossible for a retail company without an online presence to survive. Yet while companies heavily dependent on foot traffic like J.Crew and Sur la Table have filed for bankruptcy this year, companies that are expert in e-commerce have thrived, including Target and Walmart. Amazon alone now attracts roughly one quarter of all dollars spent online by U.S. shoppers.
Unfortunately, as more shopping moves online, fraud is exploding, too. The problem is such that startups working with enterprises — flagging transactions for banks, for example — are raising buckets of funding. Meanwhile, one New …
