ML

Emerging Market FinTechs Poised to Drive Innovation and Inclusion in 2024
Emerging Market FinTechs Poised to Drive Innovation and Inclusion in 2024
December 28, 2023  |  Fintech Investments

In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution...

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Good vs. Bad: Fraud Losses at FIs Up 65% as Both Sides Turn to AI
Good vs. Bad: Fraud Losses at FIs Up 65% as Both Sides Turn to AI
December 14, 2023  |  Digital-First Banking

Fraud and financial crime remain challenging for financial institutions (FIs), even as fraud rates have remained high for many of them in 2023 relative to...

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FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
December 06, 2023  |  Fraud Prevention

PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant...

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IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
December 05, 2023  |  artificial intelligence

How do you safely develop and responsibly profit from an innovation like artificial intelligence (AI)? This ongoing question has prompted the sudden proliferation of committees and forums...

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When There Is No FICO: AI and ML Transform Emerging Market Lending
When There Is No FICO: AI and ML Transform Emerging Market Lending
December 05, 2023  |  Artificial Intelligence

Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around...

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Humanity to OpenAI Board: You’re Fired!
Humanity to OpenAI Board: You’re Fired!
November 22, 2023  |  David S. Evans

Governance is back in the news with the OpenAI debacle.   The Governance Lessons of Brexit and Bitcoin   The last time I wrote about governance was...

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Connatix CFO: Collaboration and Trust Are Redefining B2B Payments Innovation
Connatix CFO: Collaboration and Trust Are Redefining B2B Payments Innovation
November 14, 2023  |  B2B Payments

Lately, it seems each new day brings another advancement in the payments world.  And increasingly, those exciting advances and innovations are impacting the world of...

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75% of AP Teams Reported Processing More Invoices Last Quarter
75% of AP Teams Reported Processing More Invoices Last Quarter
October 31, 2023  |  Accounts Payable

Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent...

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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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