Search results for "artificial intelligence"

April 23, 2024
Figure Names Brex Veteran Michael Tannenbaum as CEO

Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately. The company’s previous CEO, co-founder Mike Cagney, has assumed the role of executive chairman, Figure...


April 23, 2024
X to Launch TV App ‘Soon,’ CEO Linda Yaccarino Says

X (formerly Twitter) will soon launch an X TV App that will bring real-time content to smart TVs. “This will be your go-to companion for a high-quality, immersive entertainment experience...


April 23, 2024
Perplexity Valued at $1 Billion as It Challenges Google Search

Perplexity has reportedly raised $63 million as it aims to compete with Google’s search engine. The new funding round values the artificial intelligence (AI) startup at $1 billion, marking a two-fold jump in valuation so...


April 23, 2024
Countsy Debuts Platform to Streamline Back-Office Management

Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and...


April 23, 2024
PayU Receives RBI Authorization to Operate as Payments Aggregator

PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can start onboarding new merchants to...


April 23, 2024
Apple Acquires Paris AI Startup Datakalab

Apple has stepped up its foray into artificial intelligence (AI) by acquiring Datakalab, a Paris-based AI tech startup.  The acquisition, finalized on Dec. 17, was quietly noted in a filing...


April 23, 2024
Competition Commission of India to Probe AI Landscape for Competition

The Competition Commission of India (CCI) has announced plans to commission a comprehensive market study In a bid to gain insight into the intricate landscape of artificial intelligence (AI) and...


April 23, 2024
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories

When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores — and artificial intelligence (AI)...


April 23, 2024
Google Aims to Move Faster to Meet ‘Systemic’ Challenges

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand...


Generative AI Tracker®: Rerouting the Telecom Industry: Generative AI’s Impact on Communication Services

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.

How Fraud Fears Impact FIs’ Adoption of Faster Payment Solutions

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.