Deep Learning news and trends

Nearly Half of FIs Tap Deep Learning Systems to Fight Fraud
Fraud Prevention // October 31, 2023

Artificial intelligence (AI) has become increasingly prevalent across various industries, offering a wide range of capabilities. In the payments industry, AI has proven to be a superior tool for fraud detection, helping businesses to enhance security and safeguard their financial transactions.  According to a recent report by...

Why AI’s Early Adopters Are Laser-Focused On Credit Risk And Payments
Artificial Intelligence // April 24, 2020

There is a great deal of economic uncertainty in the world today, as many banking managers and executives are acutely aware. These circumstances have brought to the fore what has long been a central concern for lenders: assessing and managing credit risk. This vital task...

Alexa Conversations To Get More Natural
Alexa // June 06, 2019

Amazon has announced the launch of Alexa Conversations, a new deep learning-based approach that developers can use for creating natural voice experiences on Alexa with less effort, fewer lines of code, and less training data. “This new model helps developers create natural, flexible dialogs within...

NEW REPORT: Buzz Vs Reality — Measuring The AI Gap In Payments And Banking
Artificial Intelligence // November 08, 2018

Let’s play buzzword bingo: “AI” is so abuzz right now, it’s positively ablaze. However, does its usage live up to the label that the financial services and payments industry has given it? Not really. In the new study, The AI Gap, PYMNTS interviews executives at...

Interviews & Exclusives
Why AI’s Early Adopters Are Laser-Focused On Credit Risk And Payments

April 24, 2020
There is a great deal of economic uncertainty in the world today, as many banking managers and executives are acutely aware. These circumstances have brought to the fore what has long been a central concern for lenders: assessing and managing credit risk. This vital task is complicated even in normal times due to the multitude […]

How To Feed The Fraud Fighting Machine

June 22, 2017
How do machines learn to learn? In Episode Three of PYMNTS’ machine learning podcast, Socure CEO Sunil Madhu and PYMNTS CEO Karen Webster get technical as they explore the methods...

NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

June 20, 2017
FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is the best in the world...

Using AI To Stop Store Robberies In Real Time

May 22, 2017
Retailers aren’t just being robbed on line by cybercrooks. But physical retailers are being robbed and 70 percent of those robbers are never caught. Sean Huver, founder and CEO at...

Quick Reads
Alexa Conversations To Get More Natural

June 06, 2019
Amazon has announced the launch of Alexa Conversations, a new deep learning-based approach that developers can use for creating natural voice experiences on Alexa with less effort, fewer lines of code, and less training data. “This new model helps developers create natural, flexible dialogs within a single skill and in the upcoming releases brings multiple […]

Amex Buys AI Travel App Mezi

January 31, 2018
American Express announced Tuesday (Jan. 30) that it has acquired Mezi, the personal travel assistant app that helps people plan and book their trips. Terms of the deal were not...

eBay Sets Up Visual Search For Online Shopping

October 27, 2017
Shopping on eBay just got easier. The auction site has announced the launch of two new visual search tools that will allow people to use photos they snap, have saved...

Deep Instinct Raises $32M In Venture Funding

July 13, 2017
Deep Instinct, the cybersecurity company, announced Wednesday (July 12)  it has raised $32 million in Series B financing. In a press release the company said the round was led by...