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Avoiding AI Pitfalls in Financial Decision-Making

The Fintech Times

. “When AI tells you what you want to hear, you tend to ‘forget’ or at least minimise the risks that come with automation dependence, whether they relate to cybersecurity or to the higher, compounding transferability of errors due to interconnected systems.

AI 64
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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Another California cybersecurity startup, Contrast Security, announced $65 million in Series D funding this week. Contrast Security.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

An October credit card frictions report by PAAY and PYMNTS indicates that among the most typical reasons for a card decline is due to verification issues like legitimacy or credit limits.

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Four Analytic Breakthroughs That Are Driving Smarter Decisions

FICO

From cybersecurity, to payment card fraud, to marketing, companies want answers to the question, “How do we know when someone's behavior has changed in a significant way?” This question affects everything from marketing offers to financial decisions such as setting a credit card customer’s credit limit.

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SMB Financing Fuels Week Of B2B Venture Capital

PYMNTS

Cybersecurity insurance startup Coalition secured $90 million in Series C funding, TechCrunch reported. The company targets businesses with cybersecurity insurance amid the ever-growing threat of data breaches and other cyberattacks.

Finance 56
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What is the Role of AI in Lending and Loan Management?

Nanonets

Dynamic Credit Limits Traditional credit limits often remain static, disconnected from an individual's evolving financial circumstances. AI introduces the concept of dynamic credit limits, adjusting in real time based on spending behaviors, income fluctuations, and other relevant factors.

AI 52
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Corporate Card Innovators Look Beyond Business Trip Spend

PYMNTS

In a recent announcement , the Singapore company revealed its BizPay solution, an online platform enabling businesses to use their existing commercial cards and converting their credit limit into working capital to pay suppliers.