article thumbnail

Transaction Similarity Analysis: a Cutting-Edge Solution in Fraud Detection

Retail TouchPoints

As ecommerce losses from online payment fraud surge toward $48 billion annually, it’s crucial for organizations to leverage advanced technologies to stay ahead of these bad actors. Key considerations include: Governance, risk, and compliance: Ensuring data privacy and compliance with relevant frameworks and laws is paramount.

article thumbnail

RIC20 Startup Innovation Labs Showcase 20 Tech Innovators

Retail TouchPoints

Moderated by Orlando Ribas Fernandes of XnFinity-XNFY Lab , the first group of startups presenting include: Omnichannel Fulfillment: onfleet – a last-mile delivery platform; Touchless Retail: SuperSmart – a validation and loss-prevention system for Scan & Go; Digital Commerce: Pointr – A deep location company combining indoor location intelligence (..)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail is the Most Common Location for Gun Violence, but There’s More to the Story

Retail TouchPoints

Yet it still paints a dire picture of the situation in America today, one that is of utmost concern to consumers and the merchants who serve them. No one was seriously injured, but the total cost to the operators and merchants was estimated to be around $53 million.

Location 162
article thumbnail

6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

For example, they need to support omnichannel services like BOPIS, ship-from-store and seamless returns. Trend 6: Loss Prevention Enters the Design Conversation Earnings results from Dick’s Sporting Goods, Lowe’s and Target brought theft, and specifically organized retail crime (ORC), into the media spotlight.

article thumbnail

Want to See Success in 2025? Answer These 5 Questions

Retail TouchPoints

If merchants do not have this clarity, they will simply fall into the middle and fail to stand out to their target customers. With use cases spanning from personalization to customer service , merchandising, operations and even loss prevention, Anjee Solanki, National Director of Retail Services & Practice Groups at Colliers U.S.

article thumbnail

Jason & Scot Show Episode 323 Annual Predictions 2025

Retail Geek

Jason: [33:13] I’m I’m gonna count the 2 of those as my specialty retailer but but there were sadly more right so the Container Store Express Jo-Ann’s the general Merchant which is not quite as general merchandise as I would like but the the the the general Merchant in my mind that that failed last year was Big Lots.

ATS 52