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AI Leads to Powerful New Fraud Detection Software for E-commerce

Smart Data Collective

AI-driven fraud scoring algorithms can be crucial for stopping cybercrime. The rise of e-commerce fraud and account takeover fraud are notable examples of these threats that have gained prominence lately. This piece delves into how such software plays a pivotal role in tackling e-commerce fraud and account takeover incidents.

Commerce 263
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Benefits of AI-Driven Mobile App Development in E-Commerce

Smart Data Collective

AI has been invaluable for e-commerce brands. AI can be especially important for e-commerce companies trying to create apps to help them compete in an increasingly saturated market. AI also helps e-commerce brands be more productive. These are just some of the benefits of using AI in the e-commerce sector.

Commerce 246
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Mastercard preps for the post-quantum cybersecurity threat

CIO

But as quantum computers become more powerful, they will be able to break these cryptographic algorithms. To prepare for this worst-case scenario, Mastercard launched its Quantum Security and Communications project, which earned the company a 2023 US CIO 100 Award for IT innovation and leadership.

Algorithm 827
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What a quarter century of digital transformation at PayPal looks like

CIO

If there’s a company that can boast being 100% digital native, it’s PayPal, the platform that allows companies and consumers to send and receive digital payments in a secure, comfortable and profitable way. When we talk about security, what was enough yesterday is no longer enough today,” he says. Stability is another objective.

Commerce 753
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Explainer: Building a high-performing last-mile delivery software

CIO

For example, Uber and Zomato use a deep learning algorithm that considers driver location and overall ratings while mapping them to particular orders/bookings. Implementing robust security measures fosters trust, nurtures customer loyalty, and strengthens brand reputation. Call confirmation to the back-end team. #5

Commerce 605
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The complex patchwork of US AI regulation has already arrived

CIO

Meanwhile, leaders from Microsoft, Google, and OpenAI have all called for AI regulations in the US, and the US Chamber of Commerce, often opposed to business regulation, has called on Congress to protect human rights and national security as AI use expands.

Commerce 674
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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 There are many ways that data analytics can help e-commerce companies succeed. Conversion rates are the most important indicators of success in e-commerce.

Commerce 187