Artificial Intelligence

Artificial Intelligence
New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
May 06, 2021

If it seems like companies are slapping artificial intelligence (AI) onto everything in the pandemic era, it’s because so many are. To gauge the focus and direction of rapid developments happening with this powerful technology that “thinks,” PYMNTS proffers the AI In Focus: The Navigating...

NEW REPORT: Bank Use Of AI To Manage Credit Risk Tripled In The Last Three...
May 03, 2021

Consumer debt in the United States grew in 2020 at its sharpest rate in more than a decade, reaching close to $15 trillion. The reason is not difficult to surmise: the pandemic led to millions of lost jobs and other adverse impacts. Yet, this has...

Artificial Intelligence
EU Proposes Restrictive New AI Regulations
April 19, 2021

When Microsoft spends $19.7 billion on a company whose specialties included voice recognition and artificial intelligence (AI) as part of its health sector strategy, you know that AI in the medical field is here to stay. It only makes sense, then, that regulations regarding the...

Artificial Intelligence
Robotics Open Door To ‘Bring It To Me’ Economy
April 15, 2021

Of all the descriptors that could be applied to the Domino’s pizza chain, “robotics” doesn’t seem to be a likely one. And yet, this week, it seems to be the aptest description for the firm as it rolls out its first-ever pizza-delivery bots in partnership...

Artificial Intelligence
Regulators Seek Input On FIs’ Use Of AI
April 01, 2021

High tech continues to make inroads in financial services, and now regulators want more insight — and input — into how technologies such as artificial intelligence (AI) can and are being used by enterprises. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
AI Treads Into Deeper Financial Waters As Scrypt Tops $1 Billion In Invoices
March 31, 2021

In a very 2020s twist of irony, treasury management-as-a-service (MaaS) company Scrypt AI has announced that its software platform — which can process invoices without a human ever needing to set eyes on them — has just completed over $1 billion worth of transactions. According...

Artificial Intelligence
Scrypt AI Says It Has Processed Over $1 Billion In Invoices With AI Automation
March 30, 2021

Treasury Management-as-a-Service platform Scrypt AI has processed over $1 billion in invoices for clients on its Integrated Payables and Receivables platform, the firm announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Globality, Aquanima Team On AI-Based B2B Procurement
March 24, 2021

Tech companies Globality and Aquanima, a Banco Santander subsidiary that works in procurement process management, have agreed for Aquanima to use Globality’s Smart Sourcing Platform, allowing for better artificial intelligence (AI) use in automating the defining of needs and selecting suppliers, a press release from...

Artificial Intelligence
Kukun Remodels Home Improvement Data To Expand Into InsurTech
March 23, 2021

A home is the largest investment that most consumers will make in their lifetimes, meaning that going into it with as much data as possible is always going to be the best course of action. Get the Full Story Complete the form to unlock this...