July 28, 2017
WeWork Lands $500M With Big Plans For China
It may be slow on the B2B venture capital front, with just $31.5 million in funding rounds for some pretty niche enterprise service providers. But thanks to WeWork, non-VC investors...
July 27, 2017
From Microsoft to Google: eyes wide shut on predatory innovation?
CPI Europe Column edited by Anna Tzanaki (Competition Policy International) & Juan Delgado (Global Economics Group) presents: From Microsoft to Google: eyes wide shut on predatory innovation? By Dr. Thibault Schrepel On June 27, 2017,...
July 27, 2017
eBay Adds New Image Recognition to Its Search Options
Founded in 1995, some may say eBay is the original online marketplace. With more than 20 years in the eCommerce business, eBay is looking for new ways to reinvent itself....
July 25, 2017
Tech Center: Montreal On Tech’s Radar
Known for its delicious poutine, beer and scenic views, Montreal is more than just a place for New Englanders to go for a weekend escape. With an underground network of...
July 25, 2017
AI/BOTS: Machine Learning Tips Online Fraud Scales
Technological advances are pushing the boundaries for what’s possible in a variety of industries. Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of...
July 25, 2017
Wirecard Among First To Offer Payment Guarantee For Credit Card...
Wirecard, the digital payments solutions company, rolled out a mobile payment guarantee for credit card payments. In a press release announcing the news, it said it is among the first...
July 21, 2017
SME Cash Management Startups Grab $93M In Funding
Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues...
July 20, 2017
Diving Deeper Than Machine Learning To Combat Corporate Cyberattacks
Machine learning is perhaps the hottest buzzword in cybersecurity today. The artificial intelligence technology is deployed by cybersecurity firms in an effort to keep pace with the evolution of cyberattacks,...
July 19, 2017
ObEN Raises $5M From Tencent To Take On AI Celebrity...
ObEN, which uses artificial intelligence-powered tools to create avatars that look and sound like real people, announced it has raised $5 million in strategic investment from Tencent so that it...
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