AI

AI

Banks and AI future
AI Payments Trends

Banks are investing in AI, but are customers ready for change?

By Scott Draeger, SVP, Product Marketing & Vertical Solutions, Smart Communications The potential of AI in banking is undeniable, with projections showing that generative AI could contribute an extra $200 billion to $340 billion in revenue annually. In response, banks have already invested over $20 ...
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AI fraud protection
AI Cybersecurity

How AI is Revolutionizing Fraud Detection in B2B Payments

By John Gronen, Chief Financial Officer, Yooz Imagine you’re managing a busy marketplace. Dozens of merchants, hundreds of customers, and money constantly exchanging hands. One day, you notice a small discrepancy in the cash register – nothing too alarming, just a few dollars missing here ...
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fighting e-commerce fraud
AI Credit Card & Online Fraud Cybersecurity

Payments’ Role in Combating E-commerce Fraud Growth

Philip Plambeck, Senior Vice President, International, Computop For retailers, fraud is a serious issue they are actively trying to battle. And it’s only growing. Research earlier this year found that 60% of e-commerce merchants experienced a rise in overall fraud levels. Why? The growth of ...
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AI adds efficiency to accounts payable
AI Disruptive Technologies Payments Technology

The transformative impact of AI on invoice-to-pay functions

By Jason Kolbenheyer, Chief Product Officer, Edenred Pay Few technologies have generated as much excitement as artificial intelligence (AI). Using machines to solve problems, make decisions, and perform other tasks that typically require human intelligence has the potential to transform back-office functions across the corporate ...
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Data-Driven Decisions
AI Payments Technology Payments Trends

From data to decisions: Five steps to making payments data work for you

By Roger Portela, Senior Director of Product, PayNearMe Every day, valuable data flows through your payments platform. But how it’s collected, where it ends up and how useful it becomes depends on how it’s managed along the way. Think of it like a river. That ...
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fighting AI fraud with AI
AI Credit Card & Online Fraud Cybersecurity

AI vs AI: The best hope for combating generative AI fraud risk

By Laurent Charpentier, CEO, Yooz Even those who aren’t die-hard fans of Marvel Comics have heard of the superhero Iron Man, a role Robert Downey Jr brought to the big screen and arguably made him an icon. Downey’s character, self-serving tech inventor Tony Stark, transformed ...
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future of payments
AI Disruptive Technologies Payments Trends

Democratizing finance: Bridging the gap between the 1% and the 99% through AI and financial infrastructure

By Amit Sagiv, Co-Head of Payments, Wix There’s been a paradigm shift in payments, and it’s much bigger than just leaving your wallet at home. The whole dynamic and inner workings of payments have changed with contactless payments, connected devices, IoT, and more. This means ...
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