Artificial intelligence (AI) is revolutionizing various sectors globally, and Saudi Arabia's retail and e-commerce sectors are no exception. As the Kingdom strives to diversify its economy and embrace digital transformation, AI plays a critical role in shaping the future of shopping and consumer
Retailers are under siege from increasingly sophisticated fraudsters using AI to create synthetic identities. This burgeoning threat in the retail sector involves criminals exploiting stolen consumer data to fabricate identities or "franken-customers." These fake accounts can wreak havoc, leading
Akt London, a British natural deodorant brand founded by West End performers Andy Coxon and Ed Currie, is at a pivotal stage in its development, marked by a recent infusion of $7 million in funding from Felix Capital. This latest round of investment brings the company's total funding since its 2020
John Lewis, a renowned British department store, has continually strived to maintain its competitive edge in the fast-evolving retail market. In recent years, the company has adopted a forward-thinking approach by integrating artificial intelligence (AI) and technological solutions into its
The significant rise of retail fraud, particularly account takeover fraud, has been troubling online retailers in sectors such as fashion and luxury goods. Data from Cifas, the UK’s leading fraud prevention service, shows a staggering 142% increase in cases filed to the UK's National Fraud Database
The retail industry is undergoing a technological revolution, driven by the adoption of the Internet of Things (IoT). This transformation offers innovative solutions to enhance customer experiences and streamline operations. By 2032, the IoT in retail market is forecasted to skyrocket to USD 296.67
