Off the Rails from the U.S. Faster Payments Council - FPC cover image

13 July 2023 Dr. Angela Murphy, "Payments Elsa," on faster payments, data, AI, payments experiences, musical theatre

Off the Rails from the U.S. Faster Payments Council - FPC

CHAPTER

The Use Cases for AI and Interpretive AI

Use cases for AI come down to two things. One, there's this like efficiency play, right, where you get better views into your cash flow. But then it also makes the experience for your internal teams,. Your back office teams, your AP, your AR crew who is sitting there to that all day and, you know, inputting stuff into an Excel spreadsheet. So why not use a robot or artificial intelligence to extract that data?

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