Search results for "artificial intelligence"

February 28, 2024
Amazon VC Fund Expands Focus to AI, Robotics, Last Mile

Amazon’s $1 billion Industrial Innovation Fund is ramping up investments in companies that combine artificial intelligence (AI) and robotics. The company will focus on this area during the current year...


February 28, 2024
EU Probes Microsoft’s Alleged Security Software Monopoly Tactics

The European Commission has launched a probe into Microsoft’s practices amidst allegations that the tech giant may be obstructing customers from using certain security software from its competitors. This investigation,...


February 28, 2024
Report: Apple Makes Last-Minute Attempt to Halt Antitrust Suit

Apple reportedly made an eleventh-hour attempt last week to stave off a federal antitrust suit. The company and its attorneys met with the U.S. Justice Department to try to convince the agency not...


February 28, 2024
Marqeta and AffiniPay Team on Law Firm Spend Management 

Card issuing platform Marqeta has launched a partnership with payments firm Affinipay. The collaboration, announced Wednesday (Feb. 28), will see Marqeta power the pending launch of MyCase Smart Spend — a spend management...


February 28, 2024
Antitrust Chronicle® – Pricing Algorithms

Dear Readers, The use of pricing algorithms has been a long-standing feature of certain markets. Recent debates on the ascent of AI have brought the use of such algorithms to...


February 28, 2024
Pricing Algorithms and Antitrust Enforcement: Sandboxes to the Rescue?

Pricing algorithms make it easier for businesses dynamically to respond to market tendencies and set prices in an instant manner. In doing so, they can contribute to more efficient price...


February 28, 2024
AI, Algorithmic Pricing, and Collusion

Advances in artificial intelligence and machine learning and their application to pricing decisions have led to concerns that such innovation could lead to higher prices for consumers. In particular, there...


February 28, 2024
Competition & Collusion in a World of Algorithmic Pricing: Antitrust...

Across many industries, businesses rely on algorithmic pricing systems that analyze large volumes of market data to recommend or set prices. For many years, courts have assessed the effects of...


February 28, 2024
Pricing Algorithms in Antitrust’s Sights?

Pricing algorithms have captured antitrust scholars’ attention for a decade now. A key problem: Whether antitrust doctrine could adequately handle the situation where several competing firms independently delegate their market...


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

Telecom Execs See Generative AI as Key to Customer Experience 

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

New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments 

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.