Artificial Intelligence (AI)

Showing Latest Artificial Intelligence (AI)

Artificial Intelligence – finding value behind the AI hype

18 Jan 24 @ 18:12

As innovations go, Artificial Intelligence (AI) in payments has seen more hype than most. James Wood sorts the bits and bytes to ask where the value of AI in payments... read more

Three financial crime trends every bank should know of in 2024

18 Jan 24 @ 17:14

ComplyAdvantage has published its State of Financial Crime report. Built on a survey of 600 senior financial crime decision-makers worldwide, alongside experience working with more than 1,000 companies globally, it... read more

How the payments industry can optimise efficiency while creating value in 2024

20 Dec 23 @ 13:00

In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... read more

How AI improves efficiency and performance for Fraud and AML

14 Dec 23 @ 11:14

In a new white paper, Halyna Hermanns and Dr. Stephan Lemkens from INFORM GmbH outline developments in AI that deliver for both Fraud and AML. Here, they explain why banks... read more

How AI helps Fraud and AML teams join forces for better performance

30 Nov 23 @ 11:32

As criminal innovation rockets in the digital era and financial institutions cope with rising cost pressures and growing compliance burdens, a new white paper from pioneering global software specialists INFORM... read more

Report: Majority of banks piloting opportunities of generative AI

23 Nov 23 @ 13:06

UK Finance and Oliver Wyman have release a report on the use of generative AI in financial services (FS), and the future opportunities and risks for the sector. It includes... read more

74% of UK payments leaders believe AI will mitigate risk

09 Oct 23 @ 17:10

While financial forecasters continue to signal near-term economic downturns across the globe, FIS has conducted new research to understand how corporate executives across industries are innovating amid uncertainty. FIS’ Global Innovation... read more

ECB launch Infinity Team and Softbank bets on Generative AI

29 Sep 23 @ 10:35

An European Central Bank unit called the “infinity team” has launched nine trials of generative AI — adapting off-the-shelf systems that can create sophisticated text, images and computer code —... read more

Banking is becoming byte-sized with rise of emerging technologies

28 Sep 23 @ 12:06

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact... read more

Funding declines but generative AI sees upticks in deal count

22 Sep 23 @ 12:47

Amid the broader venture gloom, generative AI mega-rounds and unicorn births have kept AI investment levels relatively elevated, with Q2 2023 funding coming in at $9.4 billion. Using CB Insights data,... read more

INFORM spotlights focus on ethical AI with new guidelines

19 Sep 23 @ 12:14

INFORM has released the publication of its in-depth Responsible AI Guidelines. As the AI landscape continually evolves, INFORM says it recognises the imperative to harness its power responsibly. The tremendous... read more

Third of UK shoppers want to use generative AI for purchase inspiration

21 Aug 23 @ 13:01

A new survey of 150 UK shoppers and 75 retail decision-makers reveals that the retail industry is again on the verge of major disruption. After just eight months in the... read more

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Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more

Mastercard makes a decisive stablecoin move with BVNK acquisition

17 Mar 26 @ 15:04

Mastercard has agreed to acquire stablecoin infrastructure specialist BVNK in a deal worth up to $1.8 billion, marking one of the clearest signals yet that majo... more