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AI Bots Can Help Retailers Serve Customers

PYMNTS

Brands and retailers face a dilemma then: How do companies reach consumers through their phones? As a result, Kolacz is rolling out technology for brands and retailers to connect with customers through messaging platforms such as Facebook Messenger, WeChat , Viber and WhatsApp. The Platform.

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ID Verification Benefits Both Consumers And eCommerce Sites

PYMNTS

According to October’s Digital Identity Tracker® , “the pressure is on for digital retailers to offer seamless and secure purchasing experiences as consumers spend more time than ever shopping online. [A

Security 189
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Deep Dive: Why ML Plays A Key Role In Debit Issuers' Fraud-Fighting Strategies

PYMNTS

These approaches could even prove to be more secure than knowledge-based authentication (KBA) measures because information such as PINs can be stolen, while behavioral patterns are much harder to mimic. Understanding Customers. 3D Secure 2.0

Fraud 273
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10 Questions Banks Should Ask About Their Digital Account-Opening Capabilities

Perficient

Many banks continue to use knowledge-based authentication and out-of-wallet questions, which have challenges when customers have recently moved. Retail customer acquisition in a physical, siloed world costs an average of $280. Have we optimized our know your customer (KYC) procedures for digital account opening?

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IKEA Looks Toward A Future With AI

PYMNTS

It’s another layer of our amazing stories we have about product development and sustainability … I think for us it really helped to depend on that knowledge base for our guests.”. Last September, the Swedish furniture firm launched its new app , IKEA Place, to help customers virtually try before they buy.

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IKEA Gamifies Store Openings With VR

PYMNTS

IKEA’s newest retail concept got its first test run at a Dallas store opening. It’s another layer of our amazing stories we have about product development and sustainability … I think for us it really helped to depend that knowledge base for our guests.”.

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Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

This time around, the Fed/MIT efforts seek to expand the knowledge base being generated by those dozens of central bank CBDC programs across the globe — “so we’re part of a system to move the collective dialogue forward,” he said. Interoperability Is Key. To get there, interoperability is key, said Cunha.

Boston 269