Accel invests in Soldo, APEX eyes AI for accounts payable, and KAL helps banks prep for PSD2 API rules.
| | | | BUSINESS TO BUSINESS EDITION | | How To Feed The Fraud Fighting Machine
Machines are only as smart as their makers teach them to be. So how does an artificial intelligence become intelligent? In Episode Three of PYMNTSâ machine learning podcast series, Karen Webster and Socure CEO Sunil Madhu discuss how humans teach machines to become smart enough to teach themselves.
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| Vesta Corporation Shows Innovation A Hidden Victim Of Fraud
Companies are throwing their resources in the fight against fraud: according to Vesta Corporation and CFO Research, businesses are operating with as many as six separate internal departments playing a part in anti-fraud initiatives. Still, fraud and financial losses are on the rise. Plus, Vesta and CFO Research find in their new report, there's another cost of this problem: corporations are too preoccupied with fraud to innovate.
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| | Accounts Payable | | How AI Catches Costly Overpayments To Suppliers
Even with the rise in eInvoicing and electronic B2B payments, disconnects, miscommunication, and erroneous transactions plague the accounts payable department. Automated invoice matching and reconciliation solutions won't cut it anymore, says Danny Thompson of APEX Analytix. He takes PYMNTS through the many, many ways AP can overpay suppliers, and why machine learning and AI make catching those errors far easier. Read More... |
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