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Artificial Intelligence

Visa CyberSource: AI’s Role Is To ‘Predict’ — Not To ‘Know’

Marvin Minsky, cognitive scientist and co-founder of MIT’s AI lab, said decades ago that computers can only do what humans tell them to do. In the latest PYMNTS conversation with Visa on the state of AI, Scott Boding, VP of risk solutions product management and senior director at Visa’s CyberSource, explains what may be at the root of confusion over AI’s potential: that its true power is to predict and not to know.

Contactless Payments

Closing In On Contactless Payments’ Tipping Point

Contactless payments have yet to achieve critical mass in the U.S., currently notching only about 3 percent of transactions, according to NMI. The firm’s Chief Strategy Officer Nick Starai tells PYMNTS why a tipping point might be closer than we think, as use cases in mass transit and retail settings gather steam.

FinTech Operating Systems

OpenFin’s Plans To Bridge The Financial Services Desktop App Gap

Building and deploying new apps for the financial desktops that keep Wall Street humming can be friction-filled endeavors. Traders and analysts juggle tasks across several siloed platforms, and interoperability is elusive. Fresh off a new funding round, OpenFin CEO Mazy Dar tells Karen Webster why his firm has been building the operating system for the financial services via the desktop, and why investors want in.

12 Payments Execs On How To Make Instant Pay

From tech-forward gig platforms dueling over mobile wallets to public utility companies still in the cash trenches, real-time payments are the new battleground for consumer engagement and satisfaction. For the new Making Instant Pay Global Playbook, PYMNTS speaks with 12 payments executives from leading eCommerce, gig and public services firms — including Airbnb, Lime, Newegg and PG&E — to understand the role that on-demand payments play in their digital evolution and ability to compete.

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