An ERP is the backbone of business operations. It helps with every function you can think of; Operations, Sales, Customer Support, Marketing, and internal supporting teams such as HR, Legal, and IT. If you’re using an ERP such as the one offered by NetSuite, even the Finance department can be integrated into a single environment. […]
Top ERP Trends to Watch in 2023 Read More »
Banks are using artificial intelligence or AI more than ever to interact with customers. Banks can use AI to produce chatbots that let banks interact with people at any time. They can also use AI to identify fraud and other potential threats. It can even work for mobile banking purposes, as banks can help customers
Banks Use of AI to Manage Credit Risk Tripled In the Last Three Years Read More »
Ecommerce fraud has become a significant concern in today’s economy. People are flocking online more than ever before to make purchases. Some retailers are also focusing more on their digital commerce efforts than their in-store work. People are using digital commerce services more than ever, but there are worries about the fraud mitigation efforts these
Improving the Bottom Line With Fraud Mitigation Read More »
One of the biggest problems for merchants accepting credit cards is not fraudulent transactions, but rather false declines. Certainly, credit card fraud is costly, but it’s estimated that merchants lose $118 billion due to credit card declines where the transaction is genuine and the customer is not over their limit. It’s estimated that 15% of
MasterCard Using Artificial Intelligence to Attack False Declines Read More »