Q&A: How can AI be used in banking?

1

Venmo

With the rise of telephone and internet banking in the ’80s and ’90s and now with the disruption of fintechs, we’ve gone from going to a brick and mortar institution or ATM to “pull out cash” to a more cashless society of peer-to-peer (p2p) payments such as Venmo, PayPal, Zelle, or Cash App. We can’t forget contactless payments such as Apple Pay, Google Pay, and Samsung Pay that may have you wondering if we even need banks at all.

#Online Payments #Payment Platform #Recurring Billing 20 social mentions

2

Cash App

With the rise of telephone and internet banking in the ’80s and ’90s and now with the disruption of fintechs, we’ve gone from going to a brick and mortar institution or ATM to “pull out cash” to a more cashless society of peer-to-peer (p2p) payments such as Venmo, PayPal, Zelle, or Cash App. We can’t forget contactless payments such as Apple Pay, Google Pay, and Samsung Pay that may have you wondering if we even need banks at all.

#Online Payments #Payment Platform #Money Transfer 235 social mentions