AI and Cloud Computing

AI as a Driving Force At the Point of Payment

Monday, June 2, 2025
3:15 pm - 3:45 pm

AI can guide consumers on what type of payment method to use at the point of purchase based on their credit history, debt, spending patterns, etc. Fintechs and banks are hoping that AI will help consumers establish better financial wellness by pointing them to make choices in how they pay for a purchase, whether via credit card, debit card, buy now, pay later, etc. But the landscape is competitive and banks must compete with fintechs who are moving faster.