IBM has introduced what it calls the next-generation system with an integrated artificial intelligence (AI) accelerator that promises to detect and prevent fraud, the New York-based tech company announced Tuesday (April 5) Get the Full Story Complete the form to unlock this article and enjoy...
Google tried to get ahead of web cookies in 2020, announcing that its Chrome browser would stop supporting them in 2022. That’s been pushed to 2023, but the end of web cookies is coming, and for experts in recommendation — the point of personalization —...
Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems that power decisioning at scale for financial outcomes that may be biased, potentially causing bias at scale. Get the Full...
One area where companies involved in artificial intelligence (AI) are focusing most of their efforts is in reducing unfair bias, Matteo Quattrocchi, director for policy at BSA, The Software Alliance, told PYMNTS, and working with regulators to design good guidelines and frameworks is essential. Get...
Artificial intelligence (AI) lender Upstart has launched a mobile-first auto retail platform, the company announced in a news release Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The use of artificial intelligence (AI) or automated decisioning in financial services is widespread for many services, from assessing loan applications, to recruitment or to combat fraud. A PYMNTS study shows that 60% of acquiring banks say AI systems are their most important fraud detection...
We’re into 2022, but there are a few trends that continue from last year unabated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
When people talk about artificial intelligence (AI), some people think about robots taking over humanity, but the reality is that AI is more about companies deploying an algorithm that repeats (better and better) a task, providing better outcomes. AI has multiple applications and some of...
In the often-infuriating experiences infamously delivered by customer service chatbots and voice prompts, digital-savvy consumers know there has to be a better way of operating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
