A valid card credential may tell an issuer that an artificial intelligence agent can pay. It does not necessarily tell the issuer whether the AI agent should make this particular purchase. That distinction sits at the center of a new effort to build common technical standards for...
The U.S. has joined the country’s tech giants in urging G20 members to relax their stance on regulation of artificial intelligence (AI). For example, Nvidia CEO Jensen Huang on Wednesday (Sept. 2) urged G20 countries at their meeting in North Carolina to not craft AI regulations...
OpenAI says its upcoming Astra model is the first to meet its “Critical” cybersecurity threshold. The artificial intelligence (AI) startup noted this development in a blog post Tuesday (Sept. 1) after spending the last few weeks testing Astra’s capabilities. “We now believe Astra meets the...
Artificial intelligence agents are poised to influence discovery, payment choice and transactions. But only 23% of merchants can clearly identify both AI-driven traffic and purchases today, according to findings in the PYMNTS Intelligence report “Global Digital Shopping Index: Merchant Edition,” commissioned by Visa Acceptance Solutions. Another 21%...
Know-your-customer (KYC) checks are expensive partly because a bank isn’t simply verifying an identity. Compliance teams have to collect information from documents, reconcile it across systems, investigate potential risk factors and build an auditable record explaining how they reached a decision. Incore Bank, a Swiss...
Anthropic is changing a data retention policy for business customers following concerns from enterprise users about how their information would be stored and reviewed. The company announced Tuesday (Sept. 1) it is introducing Enterprise Frontier Safeguards, a system that will give businesses greater control over...
OpenAI is connecting ChatGPT directly to Epic electronic health records, pushing the artificial intelligence bot deeper into the clinical workflow and giving healthcare workers a way to query patient information without manually assembling the medical history themselves. Healthcare organizations can now connect their Epic environments...
Ads inside ChatGPT are now bringing in money at a pace equal to $1 billion a year, OpenAI said in a Monday announcement, a milestone the company reached less than 200 days after launching the ad product. OpenAI is guiding toward $2.5 billion in booked...
In July, Apple sued OpenAI, accusing its one-time partner of stealing trade secrets. The legal battle continued this week, with Apple now alleging that an OpenAI employee has destroyed evidence in the case, and OpenAI saying Apple has no one to blame for the suit...