Payments SmartCast AI to ChatGPT: The Speed of Change at Payments 2024
Apr 5, 2024
Join Steven E. Bernstein from J.P. Morgan, a seasoned expert in payments strategy, and Stephanie Prebish of NACHA, a leader in payment innovation. They discuss the importance of adapting to rapid changes in the payments industry, emphasizing the pivotal role of AI and technologies like ChatGPT. Listen for insights on how AI can enhance fraud mitigation and governance. They also highlight the vital networking and learning opportunities at conferences like Smarter Faster Payments, which help shape industry strategies for the future.
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ACH Is Here To Stay
- ACH remains core to treasury because it is reliable, ubiquitous, and cost-effective.
- Real-time payments will supplement ACH rather than replace it, keeping ACH growth steady.
Make The Conference An Annual Check-In
- Attend Smarter Faster Payments annually to keep pace with rapid industry change.
- Use the conference learnings to inform 2025 planning and investment decisions.
First Reactions To ChatGPT
- Steven described his first ChatGPT moment as both alarming and enlightening because the model augments questions beyond rote answers.
- He felt it represented a leap ahead from static sources like Wikipedia.