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Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149
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PSCU’s Lumin Digital Helps Mutual Security Credit Union Go Digital

PYMNTS

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Our team worked in close coordination with the Lumin Digital team to execute a well-orchestrated conversion for our members.

Security 130
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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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New Apple OS Reportedly Has Payment Security Issues

PYMNTS

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. A woman’s from Illinois. This is a major security flaw in iOS. Apple has already announced it will release iOS 13.1 on Tuesday (Sept.

Apple 193
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NJ Legislators Propose Tighter Data Privacy Regulations

PYMNTS

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. On March 21, retailers doing business in New York State will be faced with a new law regarding data security. Retailers of all sizes will be forced to prepare for new, stricter regulations.

NJ 249
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Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”. New technology often starts out at the U.S.

Fraud 161
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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

The state of Illinois is still considering digital disbursements, though innovation remains slow. The department requires parents to input their Social Security numbers and other identifiers to ensure payments are heading to the right people. State and local agencies sent out more than $1.3 Government Agencies.

Idaho 130