June 19, 2017
Treasury Pushback On Financial Regulation?
Dodd-Frank era reforms may get further pushback in the wake of a new Treasury report, even as the CFPB, in that report’s cross-hairs, keeps on chuggin’ when it comes to...
June 16, 2017
CarStory Market Reports Help With AI Driven Car Sales
In the automotive industry, consumers using mobile devices to research or purchase items has become common over the past few years. One of the products for which people are finding details...
June 16, 2017
Artificial Intelligence, AP Automation Prove Hot Tickets With VCs
News of AvidXchange’s impressive $300 million investment round may have gotten overlooked, as it was announced at the same time the company revealed a new partnership with Mastercard to launch...
June 16, 2017
Can Social Become The Complete Fashion Shopping Experience?
A picture may be worth a thousand words, but can it help a chatbot make you look like a million bucks? The hot-off-the-presses PYMNTS.com Omnicommerce Tracker™, powered by Vantiv, catches...
June 15, 2017
Momentum Machines Gets $18M In Venture Funding For San Francisco...
If fast food workers win the fight for a $15 minimum wage, it’s not going to be much of a win, since restaurants can just replace them with robots. Momentum...
June 15, 2017
APEX Analytix Taps Into AI For Supply Chain Optimization
Supply chain management company APEX Analytix is adding artificial intelligence (AI) into its mix of offerings to help companies optimize their global supply chains and the money that flows through...
June 15, 2017
Element AI Raises $102M To Add Employees, Invest In Startups,...
Element AI, a Montreal-based AI platform and incubator that is aiming to be the place for all companies that want to build or add AI into their businesses, has raised...
June 15, 2017
Execs Learning To Trust Artificial Intelligence Security Systems
Radware, a leading provider of cybersecurity and application delivery solutions, released the results of its 2017 Executive Application & Network Security Survey, which shows that executives in the U.S. and...
June 14, 2017
AI Startup Cognitive Scale Gets USAA Backing
The USAA (United Services Automobile Assn.) has invested in artificial intelligence startup CognitiveScale for an undisclosed sum, bizjournals.com reported. Though this latest funding was not quantified (and as a result it is...
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