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Generative AI in Payments: 4 Use Cases to Increase Revenue and Optimise Costs

Fintech News

Instead of hard coding, Gen AI can configure new payment offerings using flexible parameters. By continuously learning from new data, it improves its detection algorithms and reduces false positives. Read more about OpenWay’s Gen AI digital payments use cases here.

Use Case 109
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UK’s Most Impactful Open Banking Use Case — A transformative change to paying taxes with HMRC

Open Banking Excellence

As Australia develops its own unique use cases with CDR, here is more details about UK’s unique use case. I’ve learned that thriving open banking & finance ecosystems are built on the foundations of use case, use case, use case! It’s your North Star.

Use Case 100
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Ripple Partners With DIFC Innovation Hub to Accelerate UAE Blockchain and Crypto Adoption

The Fintech Times

Ripple , the blockchain and crypto solution provider, is partnering with the Dubai International Financial Centre’s (DIFC) Innovation Hub, to accelerate blockchain and digital assets innovation in the UAE. It also plans to provide financial, technical, and business support to developers.

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IBM Pulls the Curtain on New Innovations, Supporting Generative AI Use Cases in Financial Services

The Fintech Times

Introducing new innovations IBM unveiled a new processor chip, dubbed the ‘IBM Telum II Processor’, boasting increased frequency, memory capacity, a 40 per cent larger cache and integrated AI accelerator core. .

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

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Payment Rail Innovators Dive Into Real-Time

PYMNTS

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. EVO Payments Wields Visa Rails for Merchants.

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Open Energy is Open for Business

Open Banking Excellence

A look at four of Australia’s Open Energy use cases While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data. Where is Open Energy headed next?

Use Case 147