Understanding the EC’s approach to AI and its impact on payments

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Artificial Intelligence-driven technology is gaining momentum in all aspects of our lives and more recently in the digital payments market, both in backend operations and customer-facing payment systems. Use-cases for fraud and AML monitoring as well as gathering insights on the vast amount of payments data the banks find themselves with are just two instances of how AI could be used.

In the first of our series of interviews we hear from Monica Monaco, Trust EUAffairs on how the European Commission is approaching this new and powerful technology and what their vision is for its development and use in the EU.

Speakers:

  • Paul Thomalla, Head of Payments, Finastra
  • Monica Monaco, Owner, Trust EUAffairs