AI/BOTS: Machine Learning on Online Fraud PYMNTS.com

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. Stemming from AI, machine learning is helping technology move at a swifter rate, and as more people bring their shopping needs into the online world, it's likely that machine learning will play a larger role moving forward. From enhancing the supply chain process to learning more about consumers' shopping behavior, machine learning is a technology that's at the forefront of retail advancements and innovation. With machine learning, retailers will have a system that continually improves upon itself to become more in tune with the overall businesses' daily activities, including supply chain operations, manufacturing and consumer behavioral preferences, to name a few.