Tag: AI
Adopt or die on Artificial Intelligence? Payment Expert Summit says ‘yes’
The ties between different industries have become increasingly intertwined over recent years, particularly driven by digitalisation and technological advancement. Many firms are increasingly classifying...
California Governor blocks AI safety over broad regulations
California Governor Gavin Newsom vetoed a bill on 29 September that aimed to implement safety testing requirements for Artificial Intelligence (AI) companies.
The bill, known...
Home Office Minister notes extent of AI-backed fraud threat
A senior government official has commented on Artificial Intelligence’s (AI) impact on fraudulent activity following the release of research data by Starling Bank, a...
Tiago Pereira, LeBull: keeping on top of payments trends essential in...
Understanding local trends and customer preferences are a vital consideration when launching in a new market.
This is even more important in the context of...
JP Morgan Payments leads funding round in AI-backed payments platform
Of the various banks expressing enthusiasm for Artificial Intellignece’s role in finance, JP Morgan Chase has perhaps been one of the most vocal proponents....
Santander and Google launch free AI training programme
Santander and Google have taken note of the growing surge in AI adoption across various economic sectors and across a broad spectrum of age...
Klarna lauds ‘internal AI revolution’ with 85% of employees using Kiki...
Klarna has reiterated the significant contribution of generative Artificial Intelligence (GenAI) to its business, revealing that nine out of 10 of its employees use...
BNPL and AI placed in EU/US international regulatory spotlight
EU and US officials have begun informal discussions around consumer financial protection issues. The talks have evaluated key developments in payments and financial services,...
Europe’s banks up AI funding to match North American dominance
European banks are targeting an enhanced standing in Artificial Intelligence (AI) development and adoption according to investment figures.
According to data from Evident, an AI...
Google, Meta and OpenAI sign letter urging participation in AI development
An open letter signed by a range of big and small tech companies has committed to responsible development of Artificial Intelligence (AI) at a...
