machine learning

Machine learning is a method of data analysis that automates analytical model building. It is a branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention.

Source: sas.com

Merchants Turn to AI Key to Improve Customer Retention
Merchants Turn to AI Key to Improve Customer Retention
October 25, 2023  |  Artificial Intelligence

Artificial intelligence (AI) has left the pages of science fiction behind and entered the workforce.  And its latest evolution, generative AI, is already having an...

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Generation Z Will Help Shape Payments Innovations for Years to Come 
Generation Z Will Help Shape Payments Innovations for Years to Come 
October 25, 2023  |  Payments Innovation

Jacqueline White, president at i2c, told PYMNTS in a recent interview that “what’s next” in payments may be determined by demographics. Among the overarching trends dominating...

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There Are a Lot of Generative AI Acronyms — Here’s What They All Mean
There Are a Lot of Generative AI Acronyms — Here’s What They All Mean
October 17, 2023  |  artificial intelligence

Generative artificial intelligence (AI) represents an entirely new computing paradigm. To view large language models (LLMs) as merely chatbots is equivalent to thinking of early...

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Intuit Launches QuickBooks Bill Pay to Automate AP Process
Intuit Launches QuickBooks Bill Pay to Automate AP Process
October 16, 2023  |  Commercial Payments

Intuit, the financial technology platform, has announced the launch of QuickBooks Bill Pay, which aims to transform bill pay for businesses while delivering accounts payable...

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Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
October 16, 2023  |  Security & Fraud

With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example,...

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AI-Powered Smartphones Change How Consumers Live in a Digital World
AI-Powered Smartphones Change How Consumers Live in a Digital World
October 16, 2023  |  Connected Economy

From smartphones and smartwatches to smart TVs and cars with connected capabilities, consumers’ device portfolio has undergone significant changes over the years, primarily driven by...

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Plenful Raises $9 Million for AI-Powered Healthcare Workflow Automation
Plenful Raises $9 Million for AI-Powered Healthcare Workflow Automation
October 10, 2023  |  Investments

Plenful has raised $9 million to continue bringing its artificial intelligence (AI)-powered workflow automation platform to healthcare and pharmacy operations. With more than 20 health systems...

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Combining Old and Newer Technologies Helps Banks Fight Rising Fraud
Combining Old and Newer Technologies Helps Banks Fight Rising Fraud
October 09, 2023  |  Fraud Prevention

Fraud has surged at an unsettling pace in recent years, with young consumers and financially strained individuals being disproportionately targeted by bad actors. This is...

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WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
October 02, 2023  |  AML

WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts.  The new artificial intelligence (AI)...

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