PYMNTS.com January 16, 2024
You’ve likely heard the saying that “data is the new oil.”
It is particularly true in our age of artificial intelligence (AI). But throughout history, wars have been fought over oil — and today, data is no less a critical resource to protect and secure.
That’s because AI has changed to the way businesses approach data transformation, storage, management and governance.
This is an unavoidable reality within security-critical sectors like payments and financial services, where conversations around data transformation, data sharing and generative AI are top of mind for every executive — as are the implications of AI on data collection, storage and use.
“For the last 10 years, the financial sector alone has invested countless sums into data science...
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