May 06, 2024
Citi’s Chief Digital Officer Connects Data to Customer Experience
The amount of data now being generated by consumers is testing the constraints of the dictionary. Only 10 years ago it was measured in terabytes, which is a trillion bytes. But now those 329 million terabytes of...
May 03, 2024
How AI Reshapes Education, Streamlines Upskilling for Employees
Artificial intelligence (AI) is changing how companies train and upskill their employees, offering personalized learning experiences that can reduce costs and improve efficiency. The global AI-in-education market is expected to...
May 03, 2024
Apple Takes Measured Approach to AI Amid Aggressive Competitive Spend
As tech giants like Google, Microsoft and OpenAI accelerate their artificial intelligence (AI) efforts, Apple is charting a more deliberate course and expressing optimism about the technology’s future. The iPhone...
May 03, 2024
Can Open Banking Increase Consumer Trust in New Payments Tech?
Open banking is empowering consumers and the businesses they work with to adapt amid uncertainties, Trustly founder and CEO Alex Gonthier writes in the new PYMNTS eBook, “The Implications of...
May 02, 2024
Expedia’s B2B Segment Thrives While B2C Struggles for Momentum
Expedia Group’s first-quarter results, released on Thursday (May 2), indicate a healthy yet more stabilized global travel market, albeit with slightly subdued gross bookings. On a call with analysts and investors, outgoing...
May 02, 2024
AI Eases Coding, Paving the Way for Swifter Business Innovation
From Silicon Valley startups to tech giants, artificial intelligence (AI) is rapidly transforming the art of computer programming. It offers developers a powerful new toolkit to brainstorm ideas, write and...
May 02, 2024
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention...
Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch. The agreement, announced Thursday (May 2), values BioCatch at $1.3 billion, and comes amid a...
May 02, 2024
Europe’s AI Paradox: Slow Adoption, Big Ambitions
Despite Europe’s reputation as a tech laggard, a cadre of companies is making big bets on artificial intelligence (AI). While the region has been slow to embrace AI in critical sectors...
May 02, 2024
Data Revolution Adds Stability to Uncertain Financial Transactions
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty...
With more than two-thirds of CFOs citing payment delays as a problem for their firms in the last six months, nine in 10 companies wish to expand their investment in AR automation to accelerate order processing, reduce invoicing errors and expedite payments. In the “Working Capital Tracker®,” a collaboration with Billtrust, PYMNTS Intelligence explains why the demand for AR automation is growing and what’s at stake for companies that opt out of this trend.
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