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LexisNexis helps retail fight fraud with new product suite
New York -- LexisNexis announced that it has a launched a suite of products designed to protect retailers from the risks associated card-not-present, or fraudulent credit card orders.
According to LexisNexis' 2010 True Cost of Fraud Study, conducted by Javelin Strategy & Research, retailers are consistently experiencing more than $100 billion in annual fraud losses.
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Report: Personalization of store experience is key to retail growth
Palto Alto, Calif. -- Personalization of the in-store customer experience will be a key objective for retailers over the next two years, according to two new Aberdeen Group reports sponsored by HP.
According to the 100 senior retail executives surveyed from industries such as apparel, grocery and department stores, 76% do not possess the technology tools or the business processes for executing web, catalog or special orders from stores. This challenge is being fueled by rising consumer expectations of rich, multimedia in-store shopping experiences.