News Formal

How fintech company Marqeta is using AI to help consumers

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

A lot of companies are trying to figure out how to use generative AI to boost their businesses. Marqeta (MQ) has recently launched Marqeta Docs AI. Marqeta CEO Simon Khalaf tells Yahoo Finance Live that there are four areas the company is using generative AI: personalization, risk reduction, better customer service, and expanding the credit equity for consumers. However Khalaf notes that in financial services, there is a high bar for using AI. 'In every part of technology, generative AI has to generate content, while in financial services, most of the time, generative AI has to generate money,' Khlaf said.

A lot of companies are trying to figure out how to use generative AI to boost their businesses. Marqeta has recently launched Marqeta Docs AI. Marqeta CEO Simon Khalaf tells Yahoo Finance Live that there are four areas the company is using generative AI: personalization, risk reduction, better customer service, and expanding the credit equity for consumers. However Khalaf notes that in financial services, there is a high bar for using AI.

All standard homeowner and tenant insurance policies cover damage caused by fires, and also provide coverage to help with the cost of mass evacuations, according to the Insurance Bureau of Canada .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Another company of soldiers deployed to N.W.T to help with wildfire fightYELLOWKNIFE — Defence Minister Bill Blair says another company of soldiers is being deployed to Hay River in the Northwest Territories, which has been evacuated for more than a week due to a threatening wildfire nearby.
Source: PGCitizen - 🏆 65. / 51 Read more »

Another company of soldiers deployed to N.W.T to help with wildfire fightYELLOWKNIFE — Defence Minister Bill Blair says another company of soldiers is being deployed to Hay River in the Northwest Territories, which has been evacuated for more than a week due to a threatening wildfire nearby.
Source: SooToday - 🏆 8. / 85 Read more »