VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”), a solutions provider that helps brand owners monitor, control and protect their supply chain with software and counterfeit prevention technologies, is pleased to announce that it was featured in several recent media articles on the topic of the increase in counterfeit risk from the rise of online e-commerce.
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VerifyMe’s Chief Operating Officer, Keith Goldstein, was highlighted in discussing the Company’s security authentication technology solutions in the following recent media articles:
E-Commerce Times article titled, “‘Tis the Season for Online Counterfeits,” by Jack Germain on November 25, 2020.
Talk Business & Politics article titled, “The Supply Side: Online commerce rise increases counterfeit risk” by Kim Souza on December 5, 2020.
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According to Forrester Research, 2020 online holiday sales in the U.S. will reach $173 billion. COVID-19 limited in-store traffic, which led to many Americans making more purchases online, and retailers should expect an accelerated version of this trend during the remainder of 2020. U.S. online holiday sales will grow by an average of 24.4% over 2020.
All the data is stored in the cloud; it’s easily accessible by all the stakeholders. Product and supply chain transparency continues to be essential for consumers and brands. VerifyMe is working with several industries to test and use the technology to protect against counterfeiters and push branding messages out to consumers.
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