March 29, 2024
Blue Yonder to Acquire One Network, Expand AI-Powered Supply Chain...
Blue Yonder plans to acquire One Network Enterprises for $839 million to create a unified end-to-end supply chain platform and collaboration ecosystem. The planned acquisition will add One Network’s solutions for supply chain managers to...
March 29, 2024
AI in Brazil: Exploring opportunities
By: Tania Cosentino (Microsoft On the Issues) Interest in artificial intelligence (AI) is burgeoning worldwide, and Brazil is no exception. People are captivated by the innovative capabilities of generative technology,...
March 29, 2024
The Tech Industry Can’t Agree on What Open-Source AI Means....
By: Edd Gent (MIT Technology Review) Suddenly, “open source” has become the latest trend in AI circles. Meta has committed to developing open-source artificial general intelligence, while Elon Musk is...
March 29, 2024
AI Reshapes Online Pharmacy With Speed, Accuracy, Convenience
Artificial intelligence is changing the online pharmacy world by simplifying tasks like managing prescriptions, keeping track of inventory and talking to customers. Amazon Pharmacy is using AI to help expand its same-day...
March 29, 2024
Bank Branches Evolve Into Financial Education ‘Magnets’
Last year, banks shuttered 2,300 branches. The move should come as no surprise, given the fact that banks, like any other business, have been examining their cost structures. At the...
March 29, 2024
i2c President Says Banks Have Reset Their Go-to-Market Strategies
Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks of all sizes were already...
March 29, 2024
Walmart and Amazon Up the Ante in GenAI Race
As Amazon and Walmart look to generative artificial intelligence (AI) to improve their businesses and capture more of consumers’ total spending, Amazon is stepping up its investment in the space by the billions. The...
March 28, 2024
White House Wants Chief AI Officers to Keep Federal AI...
The White House unveiled a groundbreaking policy on Thursday (March 28) that requires federal agencies to identify and mitigate the potential risks of artificial intelligence (AI), emphasizing the government’s commitment to...
March 28, 2024
Social Commerce Holdouts Skeptical of Cross-Pollination
Many consumers are put off by social commerce, not wanting to have their social connection interrupted by product promotion. By the Numbers For the report “Tracking the Digital Payments Takeover:...
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