PYMNTS-MonitorEdge-May-2024

artificial intelligence

In computer science, artificial intelligence, sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans.

Source: en.wikipedia.org

How Curve, Neat Are Keeping Up With Customers’ Digital Banking Needs
How Curve, Neat Are Keeping Up With Customers’ Digital Banking Needs
April 24, 2020  |  Digital Banking

For legacy financial institutions (FIs), winning customers' loyalty often comes down to offering innovative products and service. But with 80 percent of FIs still using...

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Invoiced Introduces New Automated Platform
Invoiced Introduces New Automated Platform
April 23, 2020  |  B2B Payments

Invoiced, as part of its new A/R Cloud application, will now offer a new artificial intelligence-based cash application engine. The program will enable users in...

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Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
April 23, 2020  |  Fraud Prevention

The U.S. insurance industry consists of more than 7,000 companies and collects approximately $1 trillion in premiums each year. Fraudsters are eager to get their...

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Auto Insurance Premiums’ Big Digital-First Shift
Auto Insurance Premiums’ Big Digital-First Shift
April 23, 2020  |  Innovation

The coronavirus has forced a reckoning with daily financial life, with belt-tightening and budgeting. And as tens of millions of Americans stay at home, work...

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How Allstate Leverages AI To Show Insurance Fraudsters The Door
How Allstate Leverages AI To Show Insurance Fraudsters The Door
April 22, 2020  |  Fraud Prevention

Fraudulent claims in the U.S. account for more than $80 billion in payments a year, with legitimate customers paying higher premiums to make up for...

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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society
Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society
April 22, 2020  |  Authentication

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless...

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Huawei On 5G’s Groundswell In China — And Challenges Elsewhere
Huawei On 5G’s Groundswell In China — And Challenges Elsewhere
April 22, 2020  |  Mobile

For the next generation of mobile infrastructure, the need is there for speed to transmit data seamlessly in order to develop new use cases across...

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How COVID-19 Is Accelerating Drive-Thru Upgrades
How COVID-19 Is Accelerating Drive-Thru Upgrades
April 21, 2020  |  Restaurant innovation

Quick-service restaurants (QSRs) competing in an already tight space have been under increasing pressure to differentiate their brands and enhance business operations at a time...

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Allstate On Using AI To Fight Insurance Claims Fraud
Allstate On Using AI To Fight Insurance Claims Fraud
April 21, 2020  |  Fraud Prevention

Cybersecurity experts are scrambling to fight the sheer number of different digital fraud forms that are on the rise, and the ongoing COVID-19 pandemic has...

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