Forbes January 2, 2025
Carlos Netto is Co-founder and CEO of Matera, a software company he founded over 30 years ago in Brazil.
Artificial Intelligence (AI) is revolutionizing payments globally, poised to transform how money moves and financial institutions operate. Yet, this transformation is not without its challenges. While AI offers exciting possibilities—such as enhancing customer experiences, mitigating fraud and optimizing operations—it also presents hurdles like data privacy concerns, regulatory complexities and the need for modernized infrastructure. Here, we explore the promise, pitfalls and pathways for leaders looking to harness the potential of AI in payments.
AI’s Role In A Changing Payment Landscape
The payments industry is under immense pressure. Fintechs are reshaping the landscape, offering consumers convenience and cost-efficiency that legacy financial institutions...