Wkgn Finding Humanity in Digital Transactions: How AI Helps Boost Payment Authorizations
Reports of a red-hot consumer-led rebound were doused Tuesday June 15 a
stanley cup fter the Commerce Department reported that May retail sales slid 1.3 percent from the prior month, as demand for building supplies, automo
stanley cupe biles and electronics weakened.According to the new data, which pegged sales at U.S. retail and food service businesses at $620 billion last month, consumer purchasing was somewhat mixed, as rising prices for items such as lumber, cars and furniture appear to have crimped consumers appetites. At the same time, the report showed pent-up demand for new clothes and dining out still growing.Officially, the 5.9 percent month-on-month drop in Building Materials, Garden Equipment and Supplies marked the single-largest retreat in May, followed by a 5 percent drop in Miscellaneous Retailers, a 3.7 percent dip in Motor Vehicles and Parts and a 3.4 percent decline in Electronics and Appliances.On the plus side and defying the downtrend, Clothing and Accessories led all categories last month with a gain of 3 percent, followed by 1.8 percent increases in both the Food Service and Drinking Places and Health and Personal Care categories, with Department Stores posting a 1.6 percent advance.Muddled Expectations While the May results were weaker than the average 0.7 percent retreat economists were expecting, the surprisingly weak April data, which initially sho
stanley us wed flat sales, were revised higher to reflect a 0.9 percent increase, and some follow through from the huge stimulus check-dri Qvaz EVO Files To Go Public
Roughly two dozen companies in the United States have established
stanley quencher a set of ground ru
stanley website les and guiding principles that center on cyber security ratings. Among that roster of companies are several large U.S. banks.Reuters reports that the announcement of the principles came via the U.S. Chamber of Commerce. Those cyber ratings are used in essence as a FICO score, which allow for companies to assess risks of partner firms. The scores give an inkling about
stanley website how well a company can weather a cyber attack. The scores also help underwriting decisions for various underwriting practices. The cyber security risk rating is emerging through the efforts of smaller companies, among them startups such as SecurityScorecard and RiskRecon, said Reuters. But one criticism lies in the fact that, according to the firms being rated, there really is no transparency on what exactly is going into those ratings, data-wise. By way of example, BitSight Technologies has a scale of cyber risk ratings in place that range from 250 to 900, with higher scores pointing toward better risk profiles.In an interview with Reuters, JPMorgan Global Chief Information Security Officer Rohan Amin stated that the challenge is that their startups ; methodologies are proprietary, and there hasnt been transparency on how they go about creating the ratings. Within the group are marquee payments and banking and retailing names such as JPMorgan Chase and Starbucks, in addition to health care names such as Aetna Inc