K
Karen Webster
CEO, Market Platform Dynamics
178356 followers
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500+ connections
Let’s play buzzword bingo: “AI” is so abuzz right now, it’s positively ablaze. However, does its usage live up to the label that the financial services and #payments industry has given it? Not really. In the new study, The #AI Gap, PYMNTS interviews executives at 200 FIs and analyzes over 12,800 #data points. The research discovers that only 5.5 percent of #banks actually use what experts call “true AI” to reduce false-positives and fight #AML , as well as optimize credit and other payments and #banking products. Get all the details here.
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