Artificial intelligence: a winning strategy for payments - FinTech Futures

The race is on to reduce fraud and continue improving payment flows. Artificial intelligence (AI) offers a winning strategy, says Chalapathy Neti, head, AI and machine learning platform, Swift. AI is out of the lab and already well on its way to delivering smarter tech solutions in our daily lives. Just look at the way Amazon and Netflix use machine learning algorithms to continually serve us fresh content and products based on our previous behaviours. We get a better, more personalised experience while they strengthen their business models.