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JPMorgan panel debates how generative AI will transform payments and compliance

Couple managing finances on screen
Photo: Getty Images

Experts from EY and Mastercard spoke on a webinar titled The Paradigm shift in financial services caused by Generative AI.

Generative AI is revolutionizing the fintech landscape, from innovative lending solutions and automated trading platforms to advanced customer experiences and risk assessment. Fraud detection, AI chatbots, and insights through data are some of the key evolutions.

According to Statista, the total transaction value in the digital payments market is projected