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Like other brands across the industry, fashion retailer BESTSELLER needed a powerful solution to quickly identify and investigate potential sources of fraud and inventory loss in its thousands of stores across the globe. BESTSELLER used Microsoft Dynamics 365 Fraud Protection to spot patterns of activity that suggested fraud and remedy the situation. After a successful pilot deployment, BESTSELLER rolled out Fraud Protection across its stores in Europe and eventually the world. The company projected that it saved millions of dollars as a result, while also boosting BESTSELLER’s core value of trust.

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In December 2018, five federal agencies in the US issued a joint statement encouraging banks to implement innovative approaches to transform fraud operations. As a recognized leader in security, Microsoft developed an advanced AI-powered fraud protection system to rise to the challenge. This infographic outlines how Microsoft uses AI to combat cyber and financial crime.

View: Combatting financial crime infographic

In the U.S. alone, 4.6 million IT workers supervise security, manage software, and process data to streamline information for organizations of all sizes. This current period has been called the Fourth Industrial Revolution, and it has led to massive changes in the ways we live and work. In this in-depth article from the New York Times, look at how the IT industry is looking to cloud technology to modernize and revolutionize.

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