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目前顯示的是 5月, 2025的文章

The Banknote Typos in History

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Written by Michelle Selina                 Banknotes are more than just pieces of paper, they are symbols of a nation’s identity, security, and trust. While advanced security features like holograms, watermarks, and microprinting are critical to preventing counterfeiting, even the smallest typographical errors can undermine confidence and spark public debate. An example is Australia’s $50 banknote, which features a misspelled word in its micro print. This incident raises important questions about the quality control processes in banknote production and how such errors impact public perception. The Australian $50 Banknote Typo In 2018, Australia introduced a newly redesigned $50 banknote featuring Edith Cowan, the first woman elected to an Australian parliament. However, a spelling error was discovered in the microprint beside her portrait: the word “Responsibility” was misspelled as “Responsibilty.” Despite this error, approximately 46 ...

Friendly Fraud: The Rise of Cyber Shoplifting

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Written by Michelle Selina  E-commerce fraud has evolved dramatically in recent years, with cyber shoplifting emerging as one of the most devastating threats to online retailers in 2025. Unlike traditional retail theft, where products physically disappear from shelves, this digital variant allows them to obtain merchandise and money simultaneously through sophisticated chargeback manipulation. Recent studies reveal that chargeback fraud now affects over 75% of online merchants, with each fraudulent incident costing businesses an average of $190. Even more alarming, merchants lose approximately $3.75 for every $1 charged back, creating a multiplier effect that threatens the very sustainability of many online businesses. As digital commerce continues its exponential growth, understanding and combating this modern form of theft has become imperative for the retail industry's survival. What Is Digital Shoplifting? Cyber shoplifting, also known as digital shoplifting or friendly f...