Exploring the applications of artificial intelligence in payment market infrastructures

May 13, 2019

This paper, written in partnership with CGI, marks the beginning of research that explores the merits of AI-powered applications in the wholesale payments system.

In payments, as in other industries, artificial intelligence adoption is ‘human-centric’. While not intended to replace humans outright, the technology is left to do what it does best: to identify complex patterns in data by navigating reams of records in a fraction of the time it would take any human, and applying this learning to new records for the purpose of prediction or classification.

Exploring the applications of Artificial Intelligence in Payment Market Infrastructures

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Exploring the applications of artificial intelligence in payment market infrastructures

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One in five Canadian businesses experienced payment fraud in the past six months

Majority of Canadians alter payment habits due to fraud concerns

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