Industry News Brought to You by Institute of Commercial Payments: IOCP New Resources

Generative AI in Payments by Visa

Thursday, December 12, 2024   (0 Comments)
Posted by: Sierra Lindemann
Generative AI is reshaping the payments industry, offering tools to enhance fraud detection, boost customer engagement and streamline operations. The payments sector stands poised to leverage generative AI for personalized marketing, advanced loyalty programs and seamless customer experiences. As adoption accelerates, balancing opportunity with risk, such as data integrity and cybersecurity remain critical for financial institutions aiming to harness its potential.

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