Introduction: In our journey through the transformative landscape of Artificial Intelligence (AI) in payments, we previously explored how AI is reshaping transactions, providing enhanced security measures, and revolutionizing customer experiences. In this follow-up, we embark on a deeper exploration into a critical aspect – the intricate dance of AI in fraud detection and prevention. Building […]
Continue ReadingIn our ongoing exploration of the dynamic landscape where technology meets finance, we have previously delved into the transformative roles of Artificial Intelligence (AI) in payments and the intricate role AI performs in fraud detection and prevention. As we continue this series, our focus shifts to a crucial aspect that directly impacts user satisfaction – […]
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In a significant stride toward regulating artificial intelligence (AI), the European Union proposed the EU AI Act as a draft regulation on April 21, 2021. Fast forward to December 8, 2023, and the political consensus across all three EU institutions marked a crucial step toward making this regulatory framework a reality. The EU AI Act […]
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