January 24, 2017
Alibaba Rides Chinese Consumer Wave In 3Q
eCommerce giant Alibaba Group Holding found continued strength in spending by Chinese consumers helped lift fiscal third-quarter results. Revenues were up 54 percent in the period to 53 billion yuan,...
January 24, 2017
Zillow, Bots And The Future Of Real Estate
All markets change, but few have changed as much as real estate since the turn of the century. Brought on by overextension of mortgage credit to under qualified buyers combined...
January 24, 2017
Chatbot Tracker: Set And Forget
Would a chatbot by any other name still be as helpful? LinkedIn’s nearly 470 million users will soon find out (if they haven’t already). The professional social network is in...
January 23, 2017
Tech Takes A Talking To At Davos For Its Effect...
Big banks, since the halcyon days of the Great Recession, have had a long sit in the naughty chair — widely maligned as the bad guys from Main Street to the...
January 20, 2017
London Tech Firm Launches “Trump Monitor”
London-based Trading.co.uk will be launching an app that will make it easier for traders to keep track of Trump in real time. The new app will launch trading alerts for...
January 20, 2017
Investors Frugal – But Varied – In B2B FinTech Funding
Venture capitalists were fairly conservative in their B2B FinTech funding activities this week – a few million here, another couple million there. But they were varied: investments landed across industries,...
January 19, 2017
Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism
Another week, another tech center making headlines for pushing the envelope on tech innovation. In this week’s Tech Center tracker, we round up the latest tech news happening around the...
January 19, 2017
AI Developer Neurala In $14M Series A
Deep learning neural networks platform and software startup Neurala recently announced that it had closed a $14 million Series A venture funding round led by Pelion Venture Partners. Additional participants...
January 18, 2017
Digital Banking Tracker: Is Data The Great Bank Equalizer?
2017 could have some big changes in store for digital banking. As the calendar turned to January, banks rolled out new ways for both commercial and corporate banking clients to...
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