PYMNTS-MonitorEdge-May-2024

data

Data are individual units of information. A datum describes a single quality or quantity of some object or phenomenon. In analytical processes, data are represented by variables. Although the terms "data", "information" and "knowledge" are often used interchangeably, each of these terms has a distinct meaning.

Source: en.wikipedia.org

This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
April 26, 2024  |  artificial intelligence

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information...

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Customer Data, Technology Unlock Profitability Amid Uncertainty
Customer Data, Technology Unlock Profitability Amid Uncertainty
April 26, 2024  |  Opinion

Companies can leverage customer data and use technology to prosper in uncertain times, i2c Global Head of Operations John Bresnahan writes in the new PYMNTS...

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Connected Consumer Data Provides Solid Growth Strategy for Merchants
Connected Consumer Data Provides Solid Growth Strategy for Merchants
April 25, 2024  |  Opinion

Businesses that use data strategically can unlock opportunities, fuel growth and reduce risk, Jeff Pomeroy, SVP and head of Omnicommerce at Carat from Fiserv, writes...

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Data Models Emerge as Effective Customer Strategy
Data Models Emerge as Effective Customer Strategy
April 24, 2024  |  Opinion

Data modeling can guide businesses refine strategies and optimize outcomes in uncertain times, Franklin Madison CEO Robert Dudacek writes in the new PYMNTS eBook, “The...

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Report: Salesforce-Informatica Deal Falls Apart
Report: Salesforce-Informatica Deal Falls Apart
April 22, 2024  |  Acquisitions

Salesforce’s plans to purchase data-management software provider Informatica have reportedly stalled. While the two sides were apparently in advanced talks for a deal earlier this month, the...

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Equifax VP Says Data Science Can Strengthen Customer Relationships
Equifax VP Says Data Science Can Strengthen Customer Relationships
April 22, 2024  |  Opinion

Businesses can gain valuable customer insights from the data they already have, Equifax VP, Data Science and Decision Analytics, Digital Solutions Dilip Singh writes in...

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Back-to-Basics Data Approach Confronts Increasing Fraud
Back-to-Basics Data Approach Confronts Increasing Fraud
April 19, 2024  |  Opinion

Whenever there’s economic uncertainty, there’s a corresponding upswing in fraud, said Mangopay Vice President of Product and Data Maciej Pitucha, adding businesses can prepare and...

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Google’s Restructuring Shows AI’s Impact on Finance Function
Google’s Restructuring Shows AI’s Impact on Finance Function
April 18, 2024  |  artificial intelligence

Amid a changing business landscape, digital innovation is reshaping the growth calculus for organizations. And with the news Wednesday (April 17) that Google CFO Ruth Porat is...

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Next-Gen Fraud Strategies Use Data to Onboard Customers Safely
Next-Gen Fraud Strategies Use Data to Onboard Customers Safely
April 18, 2024  |  Opinion

Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.”  ...

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