The slow transition to chip credit cards by U.S. retailers hasn’t gone unnoticed by criminals. Counterfeit-card fraud will rise to $4.5 billion in 2016, up 12.5 percent from last year, as crooks ramp up their thievery before all merchants and banks have moved to accept the more secure chip technology, said Julie Conroy, an analyst at financial-industry researcher Aite Group.

Three years ago, Silicon Valley developed a fleeting infatuation with a startup called Zee.Aero. The company had set up shop right next to Google’s headquarters in Mountain View, Calif., which was curious, because Google tightly controls most of the land in the area.

Imagine the beginning of what promises to be an awesome afternoon: You’re cruising along in your car and the sun is shining. The windows are down, and your favorite song is playing on the radio.

Sixty per cent of digital businesses will suffer major service failures by 2020 due to the inability of IT security teams to manage digital risk, according to a special report from Gartner, Inc., an information technology research and advisory company.

The basic ideas behind autonomous cars are to tackle issues like urban congestion and passenger safety. When you hand over the driving duties, the autonomous vehicle will maintain a safe distance from the car ahead, keep itself within the lane markings, and brake in case there is a sudden object on the road.

In a world with self-driving cars, Google envisions the inevitable: accidents involving pedestrians. But the firm is exploring an unusual solution. Think flypaper.

Since the first cars were sold, there have been crashes. And while the insurance claims industry has made enormous advances over the years, the fundamental process of handling a claim has been largely the same for decades ― at least during my time in this industry, which spans nearly 30 years, and includes research and work in claims and the application of “black box” information in the evaluation of liability and injury causation.

If you’re looking forward to the day when an Uber whisks you across town without anyone behind the wheel, then good news: the ride-sharing company has shown off its first autonomous vehicle. The car -- a Ford Fusion Hybrid -- has been shown taking to the streets of Pittsburgh.

A spy photographer has come across a fleet of all-electric Chevy Bolts in San Francisco today that appear to be equipped with arrays of self-driving sensors, a sign that GM is already testing the electric cars that could be ferrying Lyft passengers around without drivers sometime in the next year.

Insurer websites are not keeping up with customer expectations, with just over half (55%) of those polled saying they “definitely will” return to the site for their servicing needs, according to the J.D. Power 2016 Insurance Digital Evaluation Study, released on Thursday.

French startup Shift Technology just raised a $10 million Series A round from Accel, with existing investors Elaia Partners and Iris Capital also participating. Shift Technology uses big data and machine learning to detect patterns of fraudulent insurance claims.

Nine of ten businesses experienced at least one hacking incident in the past year, according to a survey of business risk managers released today by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re.

The emerging global market for business services using drones is valued at more than US$127 billion, according to a report released earlier this week by PricewaterhouseCoopers (PwC).

As they move from theoretical use cases into the testing phase, insurance companies are witnessing the impact unmanned aircraft systems will have on claims and underwriting processes quickly.

For many insurers, agility and profitable growth is hampered by inflexible systems and inefficient processes that create execution gaps in underwriting operations. Even today, a large portion of the underwriting process is still performed using time-consuming and often redundant manual processes.