Back to today’s briefing

Story perspectives

AI Innovations Slash Fraud and Boost Retail Sales

1/10/2025

32 4

Summary

Story summary

Narvar has unveiled its groundbreaking AI platform, IRIS, designed to elevate customer loyalty and tackle fraud effectively. With over 1,500 retailers on board, it has already achieved an impressive 80% drop in fraud inquiries. In a parallel success, Coveo's AI has propelled Freedom Furniture's online sales, increasing customer sessions by 15% and Average Order Value by 5.5%.

1 of 1

Story summary

Narvar has unveiled its groundbreaking AI platform, IRIS, designed to elevate customer loyalty and tackle fraud effectively. With over 1,500 retailers on board, it has already achieved an impressive 80% drop in fraud inquiries. In a parallel success, Coveo's AI has propelled Freedom Furniture's online sales, increasing customer sessions by 15% and Average Order Value by 5.5%.