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How CIOs are stepping up as business strategists

CIO

Entering the league of leaders For Nikhil Prabhakar, CIO, IndiaMART Intermesh, the e-commerce giants focus on technology meant that CIO has always been integral to business decisions. Mitigate risks and ensure cybersecurity Financial protection prevents the catastrophic losses of your business. IndiaMART is a tech-first organization.

Business 389
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PCI DSS version 4.0: Is your payment card data security program ready?

CIO

Notably, they also found another risk, as 18% of attacks on e-commerce companies involved malicious code embedded within credit card processing pages – an approach in which attackers remain undetected as they pilfer payment card data without impacting the site’s operation. Not surprisingly, the retail industry was also highly targeted.

Security 479
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The retail edge: Where data powers game-changing customer experiences

CIO

AI-driven computer vision at the edge can reduce losses by identifying customer and employee theft. Explore Intel’s Retail Technology Solutions [1] CBRE, What Is the Share of E-Commerce in Overall Retail Sales? 7] Invesp, E-commerce Product Return Rate – Statistics and Trends [Infographic] , accessed October 2023.

Retail 494
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Software vendors offer AI sales boost for retail at NRF show

CIO

One, conducted by Salesforce, found fewer than 3% of commerce organizations have no AI plans, while 29% have already fully implemented it into their workflows. Its SaaS-based Shrink Analyzer application uses a combination of RFID tags, computer vision linked to in-store CCTV, and analytics to help retailers identify causes of loss.

Retail 395
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What a quarter century of digital transformation at PayPal looks like

CIO

As a company with over 431 million active accounts, it sees huge potential in AI to create the next generation of payments and commerce. Currently, PayPal has more than 200 petabytes of payment data, a competitive advantage with valuable information and potential to drive better commerce experiences for consumers and merchants,” he says.

Commerce 497
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At Klarna, AI is helping reduce payroll in a big way

CIO

Sebastian Siemiatkowski, CEO and co-founder of the company, which provides payment processing services for the e-commerce sector, told the BBC that “the job cuts would mean Klarna could pay its remaining workers more.” Employees, findings revealed, “suffered profound sadness and isolation shortly after routine tasks were automated by AI.”

Commerce 434
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8 top priorities for CIOs in 2023

CIO

It’s critical that CIOs are aware of everything that’s taking place across sales, service, marketing, commerce, IT, HR, finance, and more,” Perez says. Cyberattacks aimed at a company’s networks can have severe consequences, ranging from financial losses or liability to eroding an organization’s reputation.”