March 15, 2024
Canary Technologies and Adyen Partner on Payment Solution for Hotels
Canary Technologies has partnered with Adyen to help hotels enable seamless and secure transactions for their guests. The collaboration features the integration of Canary Technologies’ global Guest Experience Platform with Adyen’s global financial technology platform,...
March 15, 2024
California Forges Ahead With AI Rules as Federal Regulations Lag...
California’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores growing concern over the risks posed by these technologies in the absence of clear federal...
March 15, 2024
Old School Fraud: Counterfeit Cash Makes Global Comeback
While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are making a comeback back all...
March 15, 2024
This Week in AI: Optimism, EU Regulations and Lightweight Bots
This week in artificial intelligence (AI) news, a study examined different views on AI’s future, while the EU is moving forward with strict AI laws. Meanwhile, smaller and more efficient...
March 15, 2024
Making Sense of No- and Low-Code B2B Payments Technology
B2B payments are famously, even infamously, complex. They entail multiple parties and high transaction volumes, all frequently moved across legacy systems that often necessitate the manual reconciliation of invoice details,...
March 15, 2024
Adobe Continues Rollout of GenAI Features Across Product Lines
Adobe is continuing to roll out generative artificial intelligence (GenAI) features across its digital media, digital experience, and publishing and advertising product lines. The company saw strong demand for these...
March 15, 2024
Customer Is Still King and Queen of Banking Innovation
In a world where change is constant, digitization has become one of life’s certainties. This advancement is coming to even traditionally staid sectors like financial services and banking, spurring profound...
March 15, 2024
Amazon Extends Home Goods Lead Over Walmart With Discounts
With mega-retailers Amazon and Walmart competing to secure consumers’ loyalty for high-ticket purchases such as furniture, the eCommerce giant is pulling further ahead by the quarter. This trend can be...
March 15, 2024
No Code, No Problem: AI Startup Jabali Simplifies Gaming Development
Artificial intelligence (AI) startup Jabali wants to create a game engine that allows anyone to turn ideas into games without needing to code. “Our mission is to democratize the creation...
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.
Forty-six percent of FIs say the fraud risks of providing open banking outweigh the benefits, but the share of skeptics rises to 57% among FIs that experienced increased fraud. PYMNTS Intelligence’s latest study of 200 FI execs, “How Fraud Fears Impact FIs’ Adoption of Faster Payment Solutions,” a collaboration with Hawk AI, details why FIs are cooling toward open banking but staying the course on real-time payments.