Tag: AItech Article

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GenAI Meets GenBI: Shaping the Future of Smart Innovation

GenAI Meets GenBI: Shaping the Future of Smart Innovation

Imagine a world where your business data doesn’t just respond to your needs but anticipates them. This is the promise of next-generation data intelligence, where generative artificial intelligence (GenAI) and generative business intelligence (GenBI) come together to provide real-time, predictive insights. However, for these advanced technologies to work effectively, they require a solid data infrastructure…

Transforming Industries: How AI Breaks Down Hidden Barriers

Transforming Industries: How AI Breaks Down Hidden Barriers

AI represents one of the most significant economic opportunities in decades. According to a recent PWC study, AI is projected to increase global GDP by 14% by 2030. While the potential applications of AI seem limitless, there are also numerous challenges to navigate. Deloitte found that 79% of executives anticipate generative AI will drive substantial…

Beating Criminals at Their Game with Fraud Analytics

Beating Criminals at Their Game with Fraud Analytics

Banks suffered an astounding $485.6 billion loss to fraud and scams last year, highlighting the urgent need for them to outpace criminals. Fraud analytics plays a crucial role in enabling banks to transition from merely reacting to fraud to proactively preventing it. Explore how fraud analytics helps detect and prevent various types of fraud, minimizing…

Revolutionizing DevOps: How AI Transforms Monitoring and Incident Management

Revolutionizing DevOps: How AI Transforms Monitoring and Incident Management

As systems grow increasingly complex and interconnected, the challenges facing DevOps teams become more intricate. Hybrid infrastructures, microservices, and real-time operations strain traditional tools, paving the way for artificial intelligence to revolutionize how DevOps operates. This evolution isn’t just about automation—it’s about reimagining how teams monitor and respond to issues in dynamic environments. AI promises…

Chartis Recognizes Feedzai’s AI Technology for Industry Excellence

Chartis Recognizes Feedzai’s AI Technology for Industry Excellence

Feedzai, the world’s first RiskOps platform, has achieved two significant accolades from Chartis Research. We are proud to be recognized as the leading AI-driven anti-fraud platform and to rank among the top 5 overall in the prestigious RiskTech AI 50 2024 rankings. These achievements underscore Feedzai’s pioneering role in leveraging artificial intelligence and machine learning…

First-Party Fraud: How Merchants Can Detect and Prevent It

First-Party Fraud: How Merchants Can Detect and Prevent It

Fraud is already a complex challenge, but merchants face an additional hurdle: first-party fraud perpetrated by their own customers. Unlike second- or third-party fraud, first-party fraud occurs when consumers use their legitimate payment credentials to commit dishonest acts for personal gain. This creates a significant challenge for acquiring banks and payment service providers (PSPs) in…

Smarter Merchant Monitoring with Dynamic Risk Assessment

Smarter Merchant Monitoring with Dynamic Risk Assessment

Acquiring banks often face the challenge of balancing merchant satisfaction with risk management. On one hand, they aim to keep merchants happy by enabling quick payouts. On the other, they must protect themselves from financial losses if a merchant’s risk profile unexpectedly shifts. Dynamic risk assessment plays a crucial role in safeguarding acquirers while supporting…

IT Leadership Priorities Are Shifting: Insights from a New Survey

IT Leadership Priorities Are Shifting: Insights from a New Survey

Delivering an improved digital employee experience (DEX) has become a top priority for many enterprise IT leaders, as it directly influences productivity, employee morale, and other critical aspects of business success. However, many organizations still lack the necessary visibility into their IT ecosystems to fully understand how digital tools impact employee experiences and productivity. This…

Why Cybersecurity Should Be a Top Priority for C-Suite Executives

Why Cybersecurity Should Be a Top Priority for C-Suite Executives

Having spent many years immersed in IT and information security, I can confidently say it has been a rewarding journey. Over time, I’ve observed a significant shift in how organizations perceive cybersecurity. It has gained prominence and relevance, with the role of the Chief Information Security Officer (CISO) evolving positively. CISOs are no longer seen…

Modern Application Development: Cloud-Native DevOps Strategies

Modern Application Development: Cloud-Native DevOps Strategies

In today’s digital era, cloud computing has become a cornerstone of application modernization and digital transformation. By 2025, it’s anticipated that over 85% of organizations will adopt a cloud-native approach for application development. Yes, you read that correctly! The primary goal of this approach is to streamline development processes, enhance scalability, and boost agility. Unlike…