Behind every modern artificial intelligence (AI) system lies a crucial foundation: massive datasets that serve as the model’s training ground. These collections of information, more significant than any human could process in a lifetime, shape how AI systems recognize images, understand text and process language....
As artificial intelligence (AI) reshapes industries, tech companies are racing to build greener data centers that slash energy costs without sacrificing performance. Firms like Sustainable Metal Cloud (SMC) are at the forefront of this shift, developing cooling solutions for data centers that are trying to...
Ceres Imaging has revealed a Series D capital raise and announced its rebranding to “Ceres AI.” When announcing these developments in a Thursday (Aug. 22) press release emailed to PYMNTS, the company did not disclose the funding amount. Ceres AI, which provides data and analytics...
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a shadow over their growth. A recent PYMNTS Intelligence report, “P2P Payment Potential: Promoting Convenience While...
December 03, 2024
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need for rapid transactions. According to a PYMNTS Intelligence report, “Protecting Accelerated Disbursements From Fraud,” in collaboration with Ingo Payments, the speed of these payments creates […]
August 30, 2024
As artificial intelligence (AI) reshapes industries, tech companies are racing to build greener data centers that slash energy costs without sacrificing performance. Firms like Sustainable Metal Cloud (SMC) are at...
August 02, 2024
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a...
July 24, 2024
In a world inundated with data, traditional methods of financial crime detection are becoming inadequate. Financial crime remains a challenge for financial institutions (FIs) worldwide, evolving in complexity and scale...
August 22, 2024
Ceres Imaging has revealed a Series D capital raise and announced its rebranding to “Ceres AI.” When announcing these developments in a Thursday (Aug. 22) press release emailed to PYMNTS, the company did not disclose the funding amount. Ceres AI, which provides data and analytics to help growers, lenders and insurers reduce their farming risk […]
April 18, 2024
Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations. In announcing the company’s quarterly earnings Thursday (April 18), management noted that 70% of the new models...
March 20, 2024
Ateliere Creative Technologies has established an AI Advisory Council to help it develop a road map for adding generative artificial intelligence (GenAI) and machine learning (ML) models to its Ateliere Connect media...
October 31, 2023
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 of AP teams reported processing...
