Generative artificial intelligence has captivated the world’s attention with its potential to reshape industries and businesses.
For many financial services executives — including those in payments — the question is not whether generative AI will profoundly impact their industry, but rather how to harness its immense power to create value.
This cutting-edge form of artificial intelligence revolutionizes data creation, unraveling existing patterns to generate entirely new data samples. Imagine witnessing a generative AI system ingest images of animals, only to astonish with awe-inspiring, never-before-seen creatures born from its creative prowess.
While payment companies have long utilized AI to enhance their products and combat fraud, the game-changer lies in the emergence of the large-language models, or LLMs. These models empower machines to contextualize, infer and independently create diverse content.
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