September 22, 2016
Mastercard Takes B2B Payments To The Smartphone
In a first-of-its-kind solution for the credit card giant, Mastercard has reportedly launched a new mobile app for small businesses in Hong Kong to facilitate B2B trade. Reports on Wednesday...
September 22, 2016
Whatever Happened To … Hedgeable
Buckle up. We’re taking our time machine back to 2009. Despite 2008’s financial aftershocks, 2009 actually was a good year. We at PYMNTS certainly think so, because that’s the year...
September 20, 2016
On-Demand Services Look To Chatbots, Live Chat
Rapidfy, an on-demand platform that connects customers with service professionals and small and medium enterprises is looking to improve how these professionals interact with customers. The firm announced today (Sept. 20)...
September 19, 2016
Say Hello To Google’s AI-Powered Internet Justice League
Google is waging war on internet trolls. A small subsidiary of the tech giant, called Jigsaw, is looking to take an approach to combating hate speech and online harassment powered...
September 19, 2016
Facebook Expands Payments Options And Its Obsession With Snapchat
Facebook has been changing its approach to payments. It is leveraging its social media position to attract some of the P2P and mobile market. The company is showing Snapchat it...
September 19, 2016
ViSenze Completes $10.5 Million Round Of Venture Funding
ViSenze, the artificial intelligence company that develops visual technology for eCommerce and digital businesses, announced on Friday (Sept. 16) it has completed a $10.5 million Series B round of financing. The...
September 19, 2016
Microsoft Says It’s In Voice Game
When you speak to your phone — whether it’s Apple’s Siri, Amazon’s Alexa or the next one in line — you want to be heard, right? Well, Microsoft says it’s...
September 19, 2016
Eliminating The Excess In T&E Spending
More employees in the field means more travel expenses, which means more wasteful spending, intentional or otherwise. Oversight Systems SVP Nathanael L'Heureux delved into his firm's latest update to AI-driven...
September 12, 2016
Xero Jumps In On Facebook Chatbot Trend
SME accounting company Xero continues on with its streak of announcements at its Xerocon South event. The latest is a bot that integrates into Facebook Messenger, iMessage and Slack to help...
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.
Forty-six percent of FIs say the fraud risks of providing open banking outweigh the benefits, but the share of skeptics rises to 57% among FIs that experienced increased fraud. PYMNTS Intelligence’s latest study of 200 FI execs, “How Fraud Fears Impact FIs’ Adoption of Faster Payment Solutions,” a collaboration with Hawk AI, details why FIs are cooling toward open banking but staying the course on real-time payments.