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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

So-called card-not-present fraud , where an offender processes an unauthorised transaction without having the card in their physical possession, accounts for 92 per cent of all card fraud in Australia. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.

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Walmart, Starbucks, Nike: Making sense of China’s latest retail sales numbers

Inside Retail

At the Pang Dong Lai supermarket chain, based in Chinas north-central Henan Province, both customers and employees are treated like royalty. per cent), telecommunication equipment (+9.9 Pang Dong Lais founder and chair, Yu Donglai, says the companys philosophy is freedom and love. per cent), sports and recreational goods (+11.1

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Majority Report: 2022 Predictions on How AI Will Impact Global Industries

Nvidia

In supermarkets and big-box stores, retailers will increase their use of intelligent video analytics and computer visions to create automated checkouts and autonomous or cashier-less shopping. They’ll become critical to enhancing fraud prevention and to mapping relationships to fight fraud more effectively.