Remove blockchain Remove Fraud Remove User Experience Remove UX
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REPORT: Payment Tech Tops FIs’ Innovation Agendas

PYMNTS

The financial world is awash in hot tech topics these days, from blockchain to artificial intelligence (AI). According to PYM NTS’ research, 57 percent of all FIs will focus on this area over the next three years, making it the highest item on an agenda that also includes user experience, consumer engagement, and fraud and security.

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Payment Rails Latest To Roll Out API-Enabled Global Business Payments Platform

PYMNTS

Our platform provides the same level of treasury services you’d expect from your bank, but with a FinTech-level focus on the user experience. The platform is built on blockchain technology provided by Ripple to offer liquidity management and support domestic or cross-border transactions.

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How Innovation Priorities Are Evolving for FIs

PYMNTS

But how much are FIs really investing in blockchain and artificial intelligence (AI) compared to more foundational innovations? Fraud and security innovation has seen a slight decline, from 50.0 User experience (UX) will also experience significant increases in interest over the next three years compared to the past three.

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Building Foundations For IoT Castles In The Cloud

PYMNTS

Alongside that, Moore said that a new foundation must, and inevitably will, also be built: a foundation of fourth-wave technologies such as AI, blockchain and deep learning to enable devices to trust and talk to one another in a meaningful manner. Moore believes that experience is on its way in the IoT space.

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