Artificial Intelligence

Artificial Intelligence
AI’s Tour de France Showing Generates Controversy
July 04, 2024

The promise of artificial intelligence to generate images from simple text prompts has captured imaginations, with tools like DALL-E and Midjourney producing visuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
How the UN AI Resolution Could Reshape Commerce
July 03, 2024

The United Nations General Assembly greenlit Monday (July 1) a China-sponsored, United States-backed resolution on artificial intelligence, signaling a potential sea change in global AI regulation and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
UN: China Leads World’s GenAI Patent Race
July 03, 2024

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. 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...

Artificial Intelligence
BIS: Central Banks See Opportunities and Challenges From AI
July 02, 2024

Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank for International Settlements. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
ChatGPT Finds Its Soul Mate: Meet CriticGPT
June 28, 2024

In Silicon Valley, a new kind of proofreader is hard at work. 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, PYMNTS Today. By...

Artificial Intelligence
New Data: GenAI Emerges as Effective Weapon in Banks’ War to Reduce False Positives
June 28, 2024

Traditional rules-based systems for detecting payments fraud are increasingly inadequate due to the complex schemes devised by fraudsters. This leads to high false positives and limited adaptability. Predictive artificial intelligence (AI) improves on this by reducing false positives and adapting to new schemes using machine...

Artificial Intelligence
New Episode: GenAI Helps Small Business Play Big on a Global Stage
June 28, 2024

What’s the most precious resource for a small business? Arguably, there are three: capital, customers and time. 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...

Artificial Intelligence
OpenAI Unveils Content Deal With Time Magazine
June 27, 2024

OpenAI and Time announced a multi-year content partnership. 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, PYMNTS Today. By completing this form, you...