Artificial Intelligence (AI)
AI is essentially a computer system that simulates
human intelligence, learning from data to solve problems and autonomously make
decisions across various applications. More recently, implementations of ‘Generative
AI’ have been developed that enable the creation of different forms of media
with wide-reaching use cases across multiple industries.
Opportunities
- Increase efficiency of payment workflows and
reconciliation processes
- Manage risk and reduce fraud through AI-powered risk
assessment models
- Extract valuable payment insights for strategic
decisioning and predicting trends
