July 11, 2016
Why AI Could Be The Next Indie Hotbed
To date, the most successful implementations of artificial intelligence in the consumer-facing space have been from the biggest players on the market. Apple’s Siri and Amazon’s Echo have become near-household...
July 11, 2016
Can AI Take The Guesswork Out Of Beer Brewing?
Will the wonders of artificial intelligence ever cease? In the last decade or so, artificial intelligence has been increasing at a dramatic clip, and software developers and programmers have developed...
July 11, 2016
Three Startups Shaping The Future of Commerce
Messaging. Social engagement. The API to rule them all. These three startups see a future that they can now take to the next level as winners of the recent Visa...
July 08, 2016
Why Paris Has A Heart For FinTech
Though it may be known as the city of lights, love and romance, it can be said that Paris also has a blossoming romance with FinTech. The latest installment of...
July 07, 2016
Darktrace Cybersecurity Firm Now Worth $400M
Cybersecurity firm Darktrace has garnered $65 million in equity funding through a consortium of investors led by private equity giant KKR and Co. Reuters reported that the newest funding round...
July 06, 2016
Meet The World’s Fastest Robot Arm
It might not be anything quite like Skynet – the fictional artificial intelligence system that took over the world in the Terminator film franchise – but the winner of Amazon’s...
July 06, 2016
Tradeshift Acquisition Gives Virtual Assistant A Boost
Business payments and expense management firm Tradeshift only recently launched a virtual assistant solution for its corporate clients, an Alexa-like tool to help professionals book and pay for corporate travel....
July 01, 2016
Cloud Report: The Sky’s No Longer The Limit
Let’s call it "disconnected connectivity" – sort of like jumbo shrimp, but in the cloud ... and having nothing to do with shrimp. Yet, as IoT solutions continue to detach...
July 01, 2016
Alt Lending Anxieties Nowhere To Be Found
For weeks the FinTech industry has been managing fears and anxieties over the future of the novel alternative finance space. Soon after Lending Club revealed its ex-CEO may have artificially...
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