Understanding The Role Of Artificial Intelligence In Payments

The payments landscape continues to rapidly evolve, driven by emerging technologies and digital transformation across industries. One of the biggest catchphrases of the last few years is "artificial intelligence," and many are wondering how AI will impact the payments space in the near and long terms. It's already clear that digital commerce has expanded beyond the desktop and even beyond mobile. As the Internet of Things (IoT) continues to expand and consumers become connected at every level -- from devices to clothing and appliances -- the ability to pay anywhere at any time will become more ubiquitous. Artificial intelligence will amplify and accelerate this reality, using the power of machines to streamline payments at every level.