April 14, 2017
A Springtime Bouquet Of B2B FinTech Funding
Spring has sprung, and with it comes promising news about the U.S. venture capital space: Data released this week from KPMG found $17.3 billion worth of venture capital (VC) funding...
April 13, 2017
Data Enablers: Episerver Takes Digital Experiences Cross-Channel
What happens when digital commerce, digital content and marketing come together on a single platform? Unique digital experiences that can help businesses to respond to customer behavior and deliver real-time,...
April 13, 2017
New Startup Brings Caffeine Boost To Coffee Supplier Payments
A new company targeting the coffee industry is emerging from stealth. Bext360, based in the U.S., is launching to enable supply chain management within the coffee industry. With its launch...
April 13, 2017
Tony Fadell And Jim McCarthy Talk Our Connected (Commerce) Future
Digital, to be sure, is one path commerce is taking and will take. The question is, what else does the future hold for us, interconnected as we will be? As...
April 11, 2017
Chatbot Tracker: Implications Of The Omnichannel Chatbot
In a world where consumers expect to have personalized experiences at the touch of their fingertips, chatbots have certainly paved the way. Over the years, the advancement of natural language...
April 11, 2017
Tesla Has A Market Value That Tops GM, Ford
Tesla, the electric car maker, hit another milestone in the automotive industry on Monday (April 10): surpassing General Motors in terms of market value. Last week it surpassed Ford Motors...
April 11, 2017
Coupa Lands Trade Extensions Buy
Coupa announced plans to acquire Trade Extensions to augment its strategic sourcing offerings. Reports said the corporate spend management company will acquire Trade Extensions, a company that operates in the...
April 10, 2017
China’s Silicon Valley Investments Spark Concern
Pentagon officials have issued a warning about the rapidly increasing investments in U.S. companies that Chinese companies have made “under-the-radar.” According to The New York Times, the Pentagon is worried...
April 10, 2017
Transcepta Ramps Up AI In eProcurement
Transcepta, a procure-to-pay platform, is ramping up its use of artificial intelligence (AI), the company said late last week. In an announcement, the company said its leveraging of AI and predictive...
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