March 13, 2024
Amazon Introduces GenAI to Create Product Listings From Sellers’ Websites
Amazon is rolling out a new generative artificial intelligence (GenAI) feature that helps sellers create listings for Amazon’s store. This new feature allows sellers who have their own direct-to-consumer (DTC) website...
March 13, 2024
Authors Fight Rise of AI ‘Scam Books’ on Amazon
Authors fighting for space on Amazon now have a new threat to contend with: books generated by artificial intelligence (AI). “Scam books on Amazon have been a problem for years,” Mary Rasenberger, CEO of...
March 13, 2024
EU Parliament Greenlights Sweeping AI Act
The European Union’s parliament has overwhelmingly endorsed pioneering regulatory measures to govern artificial intelligence (AI), marking a significant milestone in global tech governance. The endorsement, which took place on Wednesday,...
March 13, 2024
AI Helps CFOs Stay More Connected to Business Leader Priorities
No longer confined to the back office, today’s CFOs are pivotal figures in their organizations. Gone are the days when CFOs were merely guardians of the balance sheet. In today’s...
March 13, 2024
Scam Factories Exploit Advanced Tech to Amplify Payments Fraud
Scam factories, where perpetrators themselves are victims of a system they help perpetuate, present a significant challenge to the integrity of global financial networks, resulting in an estimated $75 billion...
March 13, 2024
Navigating AI Copyright Presents Challenges for Industry
Authors are suing Nvidia for illegally using their materials to train its artificial intelligence (AI), spotlighting the need for firms to navigate copyright laws carefully in AI applications. AI infringement...
March 12, 2024
OpenAI-Backed Physical Intelligence Aims to Develop AI for Robots
A new company called Physical Intelligence has announced its launch, saying it aims to develop artificial intelligence (AI) to power “the robots of today and the physically actuated devices of the future.”...
March 12, 2024
AI and Robotics Power Auto Sector’s Smart Manufacturing Drive
Traditional manufacturing processes often suffer from inefficiencies, delays and limited visibility into operations. However, with the integration of artificial intelligence (AI) tools, Internet of Things (IoT) devices and cloud solutions,...
March 12, 2024
Walmart, Other Retailers Tap AI-Powered Tools to Personalize Consumer Journey
Walmart recently introduced artificial intelligence (AI) features into its app, making it easier to plan events and showing how the company is stepping up its game in AI technology. The retail...
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.