PRNewswire

New York [US] / London [UK] / Noida (Uttar Pradesh) [India], September 29: HCLTech (NSE: HCLTECH.NS) (BSE: HCLTECH.BO), a leading global technology company, today announced the findings of its latest payments industry research. The research underscores a payments industry advancing rapidly toward an AI-enabled, autonomous future, while simultaneously confronting significant challenges related to trust, regulatory preparedness, and the constraints of legacy systems and infrastructure.

* Research finds 99% of organizations are using AI, yet 91% of executives express concern about risks; 60% find AI fraud detectors ineffective

The report highlights a paradox: while AI is seen as essential for balancing frictionless customer experiences with fraud protection, organizations lack

See Full Page