digital transformation

OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
June 16, 2023  |  Artificial Intelligence

For Michael J. Hsu, the acting U.S. Comptroller of the Currency, the potential benefits of using widespread artificial intelligence (AI) in banking “are significant.” But...

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How Banks and Merchants Make Payments Easy While Keeping Them Safe
How Banks and Merchants Make Payments Easy While Keeping Them Safe
June 16, 2023  |  Security & Fraud

Today’s new digital operating environment is ripe with opportunities for payment innovations. It is also rife with pitfalls due to the incumbent operators and the...

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Luxury Retailers Try On AI to Reduce Returns
Luxury Retailers Try On AI to Reduce Returns
June 16, 2023  |  Retail

Following bullish remarks on artificial intelligence (AI) by Farfetch CEO José Neves during the luxury retailer’s first-quarter 2023 earnings report, Maison Valentino is set to...

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10 Insiders on Generative AI’s Impact Across the Enterprise
10 Insiders on Generative AI’s Impact Across the Enterprise
June 16, 2023  |  Artificial Intelligence

When it comes to generative artificial intelligence (AI), it isn’t the sky that is falling. It’s the operational landscape that’s being reshaped. That’s because AI...

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Mercedes and Microsoft Add ChatGPT to Voice Commands
Mercedes and Microsoft Add ChatGPT to Voice Commands
June 16, 2023  |  artificial intelligence

Mercedes has turned to Microsoft to expand on its use of in-car artificial intelligence (AI). Beginning Friday (June 16), the carmaker will begin beta testing...

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Why Google Won’t Be Monetizing Its AI Try-On 
Why Google Won’t Be Monetizing Its AI Try-On 
June 16, 2023  |  Retail

As fashion brands continue to lean into virtual try-on (VTO) to drive sales and reduce order returns, Google has looked to call dibs within the...

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Treasurers Forge a ‘Holistic’ View of Firms’ Financial and Technological Health
Treasurers Forge a ‘Holistic’ View of Firms’ Financial and Technological Health
June 16, 2023  |  Business

As credit becomes more expensive, businesses need to examine how they manage working capital — and how technology can help them do so. Ron Chakravarti,...

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Backbase Acquires UK-Based Digital Wealth Platform Nucoro
Backbase Acquires UK-Based Digital Wealth Platform Nucoro
June 15, 2023  |  Consumer Finance

Backbase, a global engagement banking software provider, has made a foray into the digital wealth space with the acquisition of London-based firm Nucoro. The acquisition...

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Google Warns Employees: Be Careful When Using Bard
Google Warns Employees: Be Careful When Using Bard
June 15, 2023  |  artificial intelligence

Google is reportedly warning its employees to take care when using artificial intelligence (AI) chatbots. That warning — according to a Thursday (June 15) report...

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