Microsoft announced new improvements during the virtual Inspire 2020 conference recently with a spotlight on the Dynamics 365 features. Leveraging artificial intelligence capabilities, it adds new components on the platform for a variety of reasons. This includes targeted alerts, public previews, and notably, fraud protection to protect retailers and the government.
This update is a response to fraudulent activity and data loss from accounts that have been breached by protecting online revenue and reputation and loss prevention. It combats any account takeover and also offers loss prevention to shield off revenue by identifying any fraud on returns or discounts from omni-channel purchasing. This way, both managers as well as investigators are able to mitigate through any losses.
AI-Powered Fraudulent Updates
Microsoft Adds New Improvement Features on Dynamics 365
Trend Themes
1. Fraud Detection and Prevention - AI-powered fraud protection using targeted alerts and loss prevention in online retail and government industries.
2. Omni-channel Retail Solutions - The use of AI in Dynamics 365 for targeted fraud protection presents an opportunity for innovation and evolution in the omni-channel retail industry.
3. Data Privacy and Security - The addition of new components in Dynamics 365 offers improved data security and loss prevention for a variety of industries, including government-protected data.
Industry Implications
1. Online Retail - AI-powered fraud protection using targeted alerts and loss prevention can help online retailers minimize fraudulent activities.
2. Government - Microsoft's new improvements on Dynamics365 offer fraud protection to government sectors that require protection of sensitive data from data breaches.
3. Information Technology - The development of AI-powered loss prevention in Dynamics 365 pushes for better data privacy and security tech solutions in the industry.