Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types.
It’s easy to get lost in the doom loop around AI—job loss, deepfakes, copyright battles, the slow erosion of critical...
“I truly believe that from now on, we’re going to start to see a lot of partnerships happen within financial...
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Fintech Nexus interviewed Ramp co-founder and CEO Eric Glyman, who believes it should be robots chasing corporate expense receipts, not...
As B2B payment technology catches up to other areas of fintech, TreviPay CEO Brandon Spear said exciting trends are emerging. In late 2023, TreviPay released the B2B Buyers Payments Preference Study. It updates similar research conducted in 2019.
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AI startups are dumping per-seat pricing from the SaaS era in favor of outcome- or usage-based models. The terms “customer...
The digital banking shift, digital payments, cryptocurrencies and artificial intelligence (AI) are critical factors behind escalating global financial crime compliance costs that exceed $200 billion. Those are among the findings in LexisNexis Risk Solutions’ True Cost of Financial Crime Compliance Study for 2023.
A poorly implemented chatbot will do more harm than good. Avoiding these five pitfalls increases the likelihood of success.
Findings from a new Google Cloud survey on sentiment around generative AI among banking executives.