digital transformation

AI Could Face New Curbs in Europe
AI Could Face New Curbs in Europe
April 17, 2023  |  artificial intelligence

Lawmakers in Europe reportedly want to give regulators more authority over artificial intelligence (AI) companies. According to a Wall Street Journal (WSJ) report, a group...

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Alternative Payment Methods Fuel Female-Owned Business Success in Emerging Markets
Alternative Payment Methods Fuel Female-Owned Business Success in Emerging Markets
April 17, 2023  |  Innovation

While much has been done to advance gender equality around the world, there is no debate that large gaps remain, especially in emerging markets. According...

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Report: ‘Panicked’ Google Rebuilding Search Engine in AI Race
Report: ‘Panicked’ Google Rebuilding Search Engine in AI Race
April 16, 2023  |  artificial intelligence

Google is reportedly building an all-new search engine amid increased competition from AI-driven rivals. A report Sunday (April 16) by The New York Times says...

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Elon Musk Is Creating an OpenAI Competitor
Elon Musk Is Creating an OpenAI Competitor
April 14, 2023  |  Artificial Intelligence

ChatGPT and GPT-4 developer OpenAI has a new competitor. It’s Elon Musk. News broke Friday (April 14) that the firebrand owner of Tesla, Twitter and...

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Schumer Unveils Regulatory Framework for American AI Leadership
Schumer Unveils Regulatory Framework for American AI Leadership
April 14, 2023  |  Artificial Intelligence

With more than 100 million monthly users, OpenAI’s ChatGPT is the fastest-growing consumer application in history. Now, governments around the world are attempting to keep...

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Amazon Web Services Launches Services for Building Generative AI Tools
Amazon Web Services Launches Services for Building Generative AI Tools
April 14, 2023  |  Artificial Intelligence

Amazon Web Services (AWS) has launched new services to help companies build generative artificial intelligence (AI) tools. One new offering, Amazon Bedrock, gives customers access...

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Bloomberg Develops Generative AI Model Trained on Financial Data
Bloomberg Develops Generative AI Model Trained on Financial Data
April 13, 2023  |  Artificial Intelligence

Bloomberg LP plans to add artificial intelligence (AI) features that answer questions about business. The new BloombergGPT generative AI model, which will be integrated into...

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AI Helps Banks and Merchants Fill Digital Payments Risk Management Gap
AI Helps Banks and Merchants Fill Digital Payments Risk Management Gap
April 13, 2023  |  Artificial Intelligence

Digital commerce has a data problem. Jeff Hallenbeck, head of financial partnerships at Forter, told PYMNTS that “data droughts” exist between issuers, payment service providers...

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The Inside Take on AI’s Role in Streamlining Lending for All
The Inside Take on AI’s Role in Streamlining Lending for All
April 12, 2023  |  Loans

Instant disbursements adoption set new records in 2022 — except in lending, where two-thirds of FinTech FI customers would eagerly pay extra for instant disbursements....

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