September 26, 2016
Samsung Eyes Engineering Hotspot Of Israel
Samsung and Apple are both pursuing startups and a lead in the artificial intelligence technology innovation race. Samsung has opened an early-stage technology investment program in Tel Aviv and plans...
September 25, 2016
US: Will a takeover revitalize Twitter?
Several people close to the matter have reported that Salesforce.com Inc. is considering a takeover of the social media company Twitter, though the exploration is in early stages and might not lead to...
September 23, 2016
Norwegian Startups Navigate To FinTech Success
While there’s a lot of tech innovation brewing in the Nordics, the Norwegian startup scene may just be outshining them all. Norway has long been a small, and underestimated, tech...
September 23, 2016
Apple’s Trifecta
Apple has acquired a third machine-learning company. After buying Perceptio last year and Turi in August, Apple has also just acquired Tuplejump.
September 22, 2016
Regulation, Corporate Demands Force Banks To Hustle
Know Your Customer regulations can mean corporations have to wait as long as three months — yes, months — to get onboarded to a new bank. Part of the problem,...
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...
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