| LendingClub losses loom large, Amazon enters private label OTC drugs, Walmart doubles down on grocery. | | | AI Puts Fraudulent Credit Card Testers To The Test A penny here, a couple of dollars there. Testing credit cards is a tried and true way for fraudsters to slowly and stealthily hijack a credit card â with losses mounting to issuers. Brighterionâs CEO, Akli Adjaoute, tells Karen Webster that AI can be a powerful tool to detect abnormal behavior in the smallest of transactions before losses loom large. |
| Identity Theft: Moving Beyond Rules-Based Russian Roulette The Mueller indictments exposed the weak links that plague IDV in the U.S. â even highlighting that a rules-based system is flawed at best. To beat the bad guys at their game, the best defense is a robust offense that examines identities from both an online and offline perspective, as Socure CEO Sunil Madhu tells Karen Webster. |
| Walmart Hits With Grocery, Misses Big Online On this earnings call, Walmart failed to thrill investors who didnât like watching its eCommerce growth sputter â and handed Walmart its biggest single-day stock decline in two years. Here's where Walmart's CEO said it's doubling down, and how it plans to drive eCommerce growth back up to where it once was. |
| | Digital Banking Tracker™ | | Banks To AI: Less Artificial And More Human As FIs push to roll out AI-enabled tools, more than 50 percent of their customers today say theyâd rather talk to a human. Ally Bank's CIO, Arvy Rajasekaran, tells PYMNTS that the big concern now is how banks should address that gap while deploying tech that will improve the customer experience in the end. Rajasekaran offers his thoughts on how to make AI a little less artificial and a lot more human. |
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