Recommended This Week in AI
Posted: Mon Dec 23, 2024 6:19 am
AI Progress Shows Mixed Signals as Tech Giants Navigate Future AI is delivering contrasting signals, with some models achieving dramatic leaps while others hit unexpected roadblocks. Tech leaders acknowledge that while AI isn’t stalling, future progress faces steeper challenges. As companies race to develop more practical AI tools, businesses are carefully weighing investment decisions against a technology curve that defies simple characterization as either accelerating or slowing. For all PYMNTS AI coverage, subscribe to the daily AI Newsletter.
: Security Flaw Exposes AI Giants While Robot poland girl whatsapp number Workers Get Upgrade How ISO Standards Could Reshape Cross-Border Payments Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program See More In: artificial intelligence, Cybersecurity, Gemini, Gemini 2.0, GenAI, Google, Government, Innovation, international, malaysia, MIT, News, PYMNTS News, regulations, Robots, Security, Technology, uk How ISO Standards Could Reshape Cross-Border Payments By PYMNTS | December 20, 2024 | ISO 20022, cross-border payments Since the inception of global trade, the world’s financial systems have largely talked past and around each other.
The reason? Diverse payment systems and communication protocols across countries and financial institutions have led to fragmentation and a lack of standardization across the world’s economies and marketplaces. This, in turn, has historically created friction in cross-border payments. Against this backdrop, the ISO 20022 messaging standard, set for adoption this upcoming March 2025 by Federal Reserve banks, has emerged as a potentially transformative standard for improving data richness and fostering interoperability, reducing friction and paving the way for innovations in the way money moves globally.
: Security Flaw Exposes AI Giants While Robot poland girl whatsapp number Workers Get Upgrade How ISO Standards Could Reshape Cross-Border Payments Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program See More In: artificial intelligence, Cybersecurity, Gemini, Gemini 2.0, GenAI, Google, Government, Innovation, international, malaysia, MIT, News, PYMNTS News, regulations, Robots, Security, Technology, uk How ISO Standards Could Reshape Cross-Border Payments By PYMNTS | December 20, 2024 | ISO 20022, cross-border payments Since the inception of global trade, the world’s financial systems have largely talked past and around each other.
The reason? Diverse payment systems and communication protocols across countries and financial institutions have led to fragmentation and a lack of standardization across the world’s economies and marketplaces. This, in turn, has historically created friction in cross-border payments. Against this backdrop, the ISO 20022 messaging standard, set for adoption this upcoming March 2025 by Federal Reserve banks, has emerged as a potentially transformative standard for improving data richness and fostering interoperability, reducing friction and paving the way for innovations in the way money moves globally.