Navigating the Crossroads: Key Trends to Watch in Fuel, Fraud, And Payments for the Remainder of 2024.

in Industry Insights, Latest news

Written by Piers Horak, CEO, The ai Corporation The rest of 2024 promises a dynamic and challenging environment within the interconnected world of fuel, fraud, and payments. Sustainability concerns are reshaping the fuel landscape, with electric vehicles (EVs) taking centre stage and demanding eco-friendly solutions. This surge in EVs necessitates the development of more unmanned charging…


Empirical Evidence of the Benefits to an Outsourced Fraud Management Solution

in Industry Insights, Latest news

ai’s CEO, Mark Goldspink, recently posted an article about zero ambiguity fraud management which discussed the problem with accountability based on varying operational business models. Since then, an analysis has been carried out on one existing client to review long term rule performance. This charted the rule creation activity and rule durability over time since…


ai Opens Future Solutions Research Lab

in Company news, Industry Insights, Latest news

The ai Corporation have opened a research lab focused on researching solutions to power the next generation in payment and risk management. This will enable the team to experiment with cutting edge techniques and to develop unique machine learning algorithms to drive innovation in the payment processing and risk protection of tomorrow. The team, led…


Evolution at the coalface: The future role of fraud operations

in Industry Insights, Latest news

The potential impact and role of Artificial Intelligence (AI) is undeniable. We increasingly see highly repetitive tasks moving from human manual labour, to machine-based automation. Fraud prevention is often labelled as one of the ‘quick wins’ for AI, and there is no dispute that the technology’s use is driving better detection. However, AI is also…


Rivals jockeying for position in big race

in Industry Insights

Possible outcomes of current disruption in the payments industry could take a number of forms. Here are four favourites Margins for global payments providers are under intense pressure as they face stiff competition from technology fi rms and tougher regulation. These factors are likely to trigger radical changes in the payments industry. For example, this…


Banking ‘as a service’ simplifies payments for businesses

in Industry Insights

Automation technologies are enabling businesses to drastically reduce the costs and complexities involved in building and providing payments solutions, while removing the burden of dealing with an ever-complicated regulatory landscape Payments have evolved in recent years as companies have attempted to adapt to the behaviour of consumers on ecommerce platforms. This is often geographically influenced,…


China’s giants show the rest how it’s done

in Industry Insights

Mobile payments apps have leapfrogged credit and debit cards in China, signposting the way forward for the rest of the world. China’s two mobile payments giants, Alipay, an affiliate of the Chinese ecommerce group Alibaba, and WeChat Pay, owned by the messaging and social media powerhouse Tencent, are streets ahead of their Western rivals in…