Visa Inc. announced new analysis showing Visa Advanced Authorization (VAA) using artificial intelligence (AI) helped financial institutions prevent an estimated $25 billion in annual fraud—making the global payment ecosystem safer for retailers and consumers. VAA is a comprehensive risk management tool that monitors and evaluates transaction authorizations on the Visa global payment network, VisaNet, in real time to help financial
Spending on artificial intelligence (AI) in the Middle East and Africa (MEA) is poised to reach $290 million this year, rising to $530 million in 2022, according to technology research and consulting firm International Data Corporation (IDC). IDC expects investment in AI across the region to grow 42.5% year-on-year in 2019 and continue increasing at a compound annual growth rate (CAGR)
Conversational AI is the new find of the Fourth Industrial Revolution. It is a form of Artificial Intelligence that allows all stakeholders to communicate with an enterprise in a secure and personalized way. For users it allows fast interaction with an organisations’ touchpoints using their own words and terminology. For enterprises it offers a way to build a closer connection with
