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For Visa and rival Mastercard, fighting the explosion of fraud attempts is both a big expense-and an opportunity for profit.
Experian's enterprise AI framework offers valuable lessons for businesses seeking to scale beyond proof of concept.
NatWest and OpenAI have joined forces to enhance the lender's digital assistants and customer support processes using artificial intelligence, in the first collaboration of its kind with a UK-headquartered bank.
Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.
Microblink has launched an AI-powered, cloud-based comprehensive identity verification platform to make things easier for businesses.
Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and
In conclusion, Venkata Raja Ravi Kumar Gelle highlights that facial recognition adoption in banking marks a major shift toward smarter and safer financial services. With responsible implementation and continuous innovation, this technology can redefine customer interactions, setting new standards for security and service excellence.
It's been a year since clever crooks tricked a staff member of a design firm into joining a video call with deep fake versions of the company's CFO and other executives—a call that was so convincing that the employee wired a series of payments totaling over $25 million.