October 06, 2017
Pew Says Consumers Not Ready For Robots Or Self-Driving Cars
When it comes to advancements in robotics and artificial intelligence (AI), new research finds that Americans are more worried than excited about what this new technology means for them. A...
October 06, 2017
Startup Roundup: The Name Of The Game Is Speed
While all startups are doing their own thing and trying to solve different problems, many of those problems boil down to the same core issue: From onboarding to payouts and...
October 05, 2017
Amazon Talks Logistics Partnership With French Retailer Leclerc
In more Amazon news, the U.S.-based technology group has reportedly approached Leclerc, a privately-held French supermarket, about a logistics collaboration. Michel-Edouard Leclerc, head of the Ivry-sur-Seine-based French hypermarket chain, confirmed...
October 05, 2017
Robotics Process Automation Attracts Attention — And Some Doubt —...
In corporate finance, automation changed the game. Accountants and other financial professionals once tasked with manual processes and number-crunching were freed up to focus on more strategic initiatives. But there’s...
October 05, 2017
Apple Acquires Init.ai To Help Siri Get Smarter
Startup Init.ai announced that it is discontinuing its service – a smart assistant for customer representatives – to join Apple and work on Siri. According to news from TechCrunch, this...
October 05, 2017
The Pixel 2, The Mini-Home And The AI Tie That...
Promoting product releases has become something of an art form in Silicon Valley. There is the day itself, of course, but also the lead-up to it and getting people’s interest piqued enough...
October 04, 2017
Amazon Wants To Go 3D With Body Labs Acquisition
Amazon has announced further expansion, this time through the acquisition of Manhattan-based artificial intelligence (AI) 3D body scanning startup Body Labs, according to Tuesday (Oct. 3) reports from TechCrunch. The...
October 04, 2017
What It Takes For A Bank To Go Digital —...
The financial services landscape is quickly evolving from a rivalry between traditional banks and FinTechs to one of collaboration, but this gradual shift hardly banks customers are going to pick...
October 04, 2017
Orange’s Online Bank To Open Early November
Orange, the French telecom company, is gearing up to launch an online banking service in an effort to diversify its revenue. According to news from Reuters, the company plans on launching the...
Generative AI’s use in the telecommunications industry is increasing, with 87% of telecom executives seeing its potential to enhance customer relations and experience, but 68% of telecoms also admit they are insufficiently addressing the risks associated with the technology. The latest edition of the “Generative AI Tracker®,” a collaboration with AI-ID, examines why three-quarters of telecoms see a need to do more to combat AI fraudsters, underscoring the tension between innovation and robust security.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand