AI and Payments: Is There Room Beyond IDV, Fraud, and KYC?

By Kyle Pollock

Advancements in AI (Artificial Intelligence) have come so far, and we are now building and experimenting with AI models that could change the world faster than ever. Critical AI tools have long been around in the fintech (financial technology) sector, with machine learning, a subset of AI, playing a pivotal role. AI has been harnessed for tasks such as identifying trends, fraud protection, and verification services. How far can AI extend its influence in the payments industry …

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