Department of Understatement:
"We had a good second quarter," said Mark Zuckerberg, describing Facebook's 71% profit increase to $3.89 billion.
Price of Prevention:
A recent study from Juniper Research predicts that worldwide spending on tools to detect and prevent online payment fraud will rise to $9.3 billion by 2022, an increase of 22% over the spend expected this year. The report says that the threat posed by insecure internet of things (IoT) devices will be a primary driver of anti-fraud investment.
New research from Verto Analytics, which examined the habits of US consumers and their use of assistant apps, found that nearly half (44%) of all smartphones in the US had a personal assistant app that was used at least once in May 2017.
More retailers are turning to technology to improve the overall customer experience. Research from Linc, in partnership with BrandGarage, indicates that 87% of retailers surveyed plan to increase the use of artificial intelligence ( AI) in customer engagement service within the next two years.
Payment Data Concerns:
More than two-thirds of adults in the US, UK and Australia surveyed by Transaction Network Services (TNS) are concerned about the security of their payment card data.