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

AI Faces a Data Drought … for Real
AI Faces a Data Drought … for Real
April 10, 2024  |  artificial intelligence

The demand for high-quality data, essential for powering artificial intelligence (AI) conversational tools like OpenAI’s ChatGPT, may soon outstrip supply and potentially stall AI progress,...

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Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
April 10, 2024  |  Security & Fraud

There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships. Creating silos within an...

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B2B Businesses Tap Embedded Analytics to Unlock Legacy Data Silos 
B2B Businesses Tap Embedded Analytics to Unlock Legacy Data Silos 
April 09, 2024  |  Data

There is more data being generated today in the business-to-business (B2B) arena than ever before. And with J.P. Morgan Chase’s launch of its media platform...

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Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
April 09, 2024  |  Mastercard

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core...

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Banyan CEO: Chase’s Media Move Highlights Value of Customer Data
Banyan CEO: Chase’s Media Move Highlights Value of Customer Data
April 09, 2024  |  Connected Economy

Banks need new revenue streams. Retailers (and other businesses operating with razor-thin margins) need to fine-tune their go-to-market strategies and gain higher returns on marketing...

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GenZ Loves Their Digital Wallets
GenZ Loves Their Digital Wallets
April 09, 2024  |  Mobile Wallets

Digital wallets such as Apple Pay and Google Wallet provide consumers with convenient and secure ways to make in-store and online purchases without having to put sensitive credit or...

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Data Privacy Laws Threaten Small Businesses’ Digital Advertising Efforts
Data Privacy Laws Threaten Small Businesses’ Digital Advertising Efforts
April 08, 2024  |  SMBs

The Maryland Online Data Privacy Act of 2024, a proposed bill set to impact data collection and online privacy, successfully passed both the Senate and House...

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Lawmakers Unveil National Data Privacy Framework
Lawmakers Unveil National Data Privacy Framework
April 08, 2024  |  Safety and Security

The United States is closer to achieving nationwide data privacy protections, according to a pair of lawmakers. Sen. Maria Cantwell and Rep. Cathy McMorris Rodgers, both of Washington...

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‘Swarm’ Attacks Challenge Traditional Fraud Defenses  
‘Swarm’ Attacks Challenge Traditional Fraud Defenses  
April 04, 2024  |  Fraud Prevention

For as long as hard-earned money has existed, criminals have been trying to take it. And as money itself has evolved across an increasingly digital...

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