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AI in Payments: Balancing Security with User Experience

Tamas Kadar, Chief Executive Officer of SEON | Date: 21/03/2024 | 15:00 PM GMT | 16:00 PM CET

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In a world that is rapidly embracing digitalisation, the financial ecosystem is undergoing a transformative phase with the incorporation of artificial intelligence (AI) in payment systems.

AI has helped reduce false positives in fraud alerts by a staggering 60%, shielding finances with artificial armor, while predictive analytics anticipates customer needs, increasing satisfaction by 20%.
 
The integration of AI in payments has emerged as the catalyst for new cutting-edge capabilities, but how exactly do we strike a balance between robust security measures and optimal user experience?

 In our next Wired-In webinar, SEON's CEO, Tamas Kadar, will assess the ripple effect of AI in payments, highlighting dynamic challenges and opportunities to achieve transformative change.

Tamas will uncover the following: 
 
  • An overview of the main fraud challenges facing the payments sector today
  • Why traditional fraud prevention solutions have been ill-suited to dealing with the intricate demands of modern payments
  • How AI solutions can be leveraged to establish robust and secure payment systems that don’t negatively impact the customer experience
  • What the future of fraud prevention in the payments sector may look like
 
 
Tamas Kadar is the Founder and CEO of SEON. He started the company with his Co-Founder when they were still students in university and built it from scratch.
 
A graduate of the elite Corvinus University, he studied Deep Info Comms, where he saw first-hand how fraudsters and hackers looked to get around security measures.
 
He has been featured in Forbes’ ‘Hottest Young Startups in Europe’ and is a regular startup pitch winner. He’s a true tech enthusiast’s product visionary for creating a fraud-free world and has recently been included in the elite Forbes 30 Under 30 Europe list as the face of the technology list.


Host

1655157128787

Reece Baggott
Digital Marketing Lead, NorthRow

Thursday, 21st March 2024

15:00 PM GMT | 16:00 PM CET 

45 minutes with Q&A

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