Artificial Intelligence

VeriFone and First Data are teaming up to help U.S. merchants reduce their exposure to data breaches and expedite merchant acceptance of EMV-enabled credit and debit cards.

Large-scale theft of consumer payment data from merchants’ integrated point-of-sale (POS) systems is among the biggest challenges facing the payments industry.

Consumers looking to keep a tight grip on their most private possessions may want to check out a new high-tech collection launching at Macy's.

The store will be selling Royce Leather handbags, wallets and briefcases integrated with fingerprint technology, RFID blocking technology, and GPS technology. In particular, the Royce Leather Freedom Briefcase will be the world's first security bag with DNA-based fingerprint technology. The briefcase enables a single user to access the bag, demonstrating the ultimate in personal and travel security.

New York – Macy’s Inc. is exclusively offering a line of high-tech-enabled wallets, briefcases and handbags from Royce Leather. The designer collection features the Royce Leather Freedom Briefcase; a security bag with DNA based fingerprint technology that enables a single user to access the bag.  

E-commerce has changed the way consumers purchase products, but until very recently, the basic structure of the transaction and sale itself hadn’t evolved much: People browse for products they want, compare prices across sites, maybe submit a code for a discount coupon if they have one and make a purchase. But a recent development points to a big change on the horizon for ecommerce, and the symptom is the massive sales growth achieved by major retailers who have embraced the new model.

GAINESVILLE, Fla - More than 40 major retail chains, including The Home Depot, Walmart, Kroger and Target, formed a specialized research council to facilitate the use of science to curtail theft and violence. As part of this effort, A specialized University of Florida research team has been formed to interviews offenders, analyzes large datasets, and conducts field experiments to adapt and devise new crime control methods and technologies.  

Menlo Park, Calif. – Facebook is improving its Facebook Search feature with emphasis on personalized results and mobile functionality. The social network has updated its internal search feature to provide uniquely targeted results designed to make it easy for users to find posts that have been shared with them.  

Armonk, N.Y. – IBM and Apple are releasing the first wave of their previously announced IBM MobileFirst for iOS solutions in a new class of made-for-business apps and supporting cloud services.   IBM MobileFirst for iOS solutions are now available to enterprise customers in retail, among other industries.