Tag : Generative AI

Michael Kors First to Debut Shopping Muse, the AI-Powered Shopping Assistant From Dynamic Yield by Mastercard
Fintech News

Michael Kors First to Debut Shopping Muse, the AI-Powered Shopping Assistant From Dynamic Yield by Mastercard

Business Wire
Michael Kors customers can use Shopping Muse to find the right outfit and accessories for any occasion Michael Kors and Mastercard are ushering in the future of fashion with the iconic retailer’s adoption of Shopping Muse, the next-generation retail assistant from Dynamic Yield, a Mastercard company. Michael Kors is the first......
Artificial Intelligence Banking Blockchain Finance Fintech Interviews Investments

Global Fintech Series Interview with Shantala Sadananda, President of Banking and Financial Services; Communications, Media, Entertainment; and Emerging Markets at Innova Solutions

Paroma Sen
Shantala Sadananda, President of Banking and Financial Services; Communications, Media, Entertainment; and Emerging Markets at Innova Solutions chats about the latest innovations defining digital wallets and payment trends across the global fintech landscape: Hi Shantala, tell us about yourself and your fintech journey… Thank you for having me! I’ve been......
IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist
Banking Finance Fintech News

IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist

PR Newswire
Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept the risks to stay competitive. 65% of financial institution leaders say that succeeding with AI will depend more on people’s adoption than the technology......
Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate
Fintech News

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

PR Newswire
Deloitte’s 2024 Financial Services Industry Predictions reports highlight trends that have the potential to impact innovation and growth as well as risk and resiliency Deloitte released its “2024 Financial Services Industry Predictions,” which outlines some of the most significant emerging trends across the financial services industry over the next three......
Omdia Reveals Virtual Assistants as Leading AI Use Case Driving Software Revenue in Financial Services
Artificial Intelligence Fintech News

Omdia Reveals Virtual Assistants as Leading AI Use Case Driving Software Revenue in Financial Services

PR Newswire
The proliferation of artificial intelligence (AI) has afforded banks a multitude of benefits through its automation capabilities, such as efficiency gains, cost savings, and a boost for product innovation and development. According to new research from Omdia, the foremost AI use case in terms of software revenue is virtual assistants, which are projected to generate......
New Report Provides Critical Insights into CFO Adoption of Generative AI
B2B Digital Payments News

New Report Provides Critical Insights into CFO Adoption of Generative AI

PR Newswire
Billtrust Reports CFOs Beginning to Adopt Generative AI, but Knowledge Gaps Remain As generative AI continues to transform industries, Billtrust, a B2B order-to-cash and digital payments market leader, today released a new report uncovering perspectives from U.S. CFOs on the adoption and impact of this disruptive technology. Billtrust’s “Generative AI & The Office......
Artificial Intelligence B2B Banking Business Fintech Guest Posts

The Good and Bad of AI in Financial Services

Jeffrey Feinstein
The rise of artificial intelligence (AI) has brought about a range of reactions in the financial services industry from confusion and worry to excitement. As I interact with other data scientists, fraud analysts and risk managers, the benefits and risks of AI and its subdivision Generative AI (GenAI) have become......
Temenos Launches the First Responsible Generative AI Solutions for Core Banking
Banking News

Temenos Launches the First Responsible Generative AI Solutions for Core Banking

GlobeNewswire
Cutting-edge technology to transform efficiency, operations, and product management within the banking industry Temenos launched its groundbreaking Responsible Generative AI solutions as part of its AI infused banking platform. These secure solutions seamlessly integrate with Temenos Core and Financial Crime Mitigation (FCM), revolutionizing the way banks interact with their data,......
American Banker Publishes The Emerging Payments Technology 2024 Research Report
Digital Payments News

American Banker Publishes The Emerging Payments Technology 2024 Research Report

PR Newswire
The findings reveal more than eight in 10 respondents plan to deploy generative AI in support of their payments businesses in the next two years, using it — among other things — to address the fraud and customer experience hurdles facing the industry. Arizent, the parent company of American Banker, an information resource......
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