September 20, 2017
Machine Learning Plays Mediator Between Corporates And Their Travelers
As business travel plays catchup to the consumer travel space and the technology deployed to improve the traveler experience, companies now enjoy a market saturated with choices for travel booking,...
September 20, 2017
Salesforce Sees Future In AI With $50M Investment
Salesforce announced that its venture wing is launching a $50 million fund to invest in start-ups employing artificial intelligence. Reuters reported that Salesforce, whose software helps businesses sell, market and...
September 20, 2017
Time To Up The IQ On Artificial Intelligence
What’s so intelligent about artificial intelligence if it needs human data scientists to hold its hand through every little function? It may sound like a harsh critique, but Brighterion founder,...
September 19, 2017
Jewel Paymentech Puts Banks On Par With FinTechs
There’s one thing banks and FinTechs can agree on: Those old-fashioned merchant onboarding processes take way too long. But nimble FinTechs have been able to move much faster to address...
September 19, 2017
Key Innovations Boosting Corporate Banking Revenues
While non-bank financial institutions (FIs) and FinTechs may be keeping traditional banks on their toes, banks still have the largest piece of the corporate banking pie. The latest report from...
September 19, 2017
Artificial Intelligence A Potential Wakeup Call To Enterprise App Fatigue
App fatigue is hardly a new phenomenon. Between mobile devices, desktop computers and tablets, consumers are working with dozens of apps, toggling from one to another to access information and...
September 19, 2017
Investors Place $50 Million In HighRadius
Just months after announcing its new CFO, accounts receivable management company HighRadius has secured $50 million in funding. An announcement over the weekend said HighRadius raised the growth equity from Susquehanna...
September 19, 2017
Using AI To Power The Retail Experience
When is milk not milk? This is no trick question — it’s a distinction that artificial intelligence (AI) is going to have to learn to make in order for eMerchants to...
September 15, 2017
B2B FinTech Venture Capital Caught In A Lull
B2B venture capital may be in a bit of a slump this week. Funding surpassed $15.3 million, at least, with investors targeting alternative lending and the accounts receivable spaces. Whether...
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