In anticipation of an approaching holiday shopping season in which the vast majority of consumers plan to do their shopping online, American consumer credit reporting agency TransUnion has released its 2019 Holiday Retail Fraud Survey. A key finding of the survey of 2,593 American adults conducted in October by TransUnion centred around the threat of…
The e-commerce specialist Riskified has released the results of a new survey that suggests that Europe’s online retailers should be more worried about lost revenue in the wake of Europe’s incoming PSD2 regulations. Specifically, Riskified found that while the vast majority (88 percent) of retailers believe that most consumers are at least somewhat aware of…
“Our retail accounts look to Aluratek to bring them innovative products rooted in cutting edge technology and design. We are pleased to launch our relationship in Best Buy and look forward to expanding BIO-key’s retail footprint over the remainder of 2018.” – John Wolikow, CEO, Aluratek BIO-key International announced today its latest partnership aimed at…
A newly announced acquisition of an AI firm points to the growing role of artificial intelligence in retail. The purchaser is Bossa Nova, a US company focused on retail analytics, with offices in San Francisco, Mountain View, and Pittsburgh. And the AI firm it has acquired is HawXeye, which branched off from Carnegie Mellon University’s…
“There is no separate checkout; taking the product is the transaction.” FinTech solutions provider Wirecard is betting on biometric retail in the age of the Internet of Things. The company has launched what it calls a new “IoT shelf” that is essentially a combined product display and biometric Point of Sale terminal. The idea is…
