Intel Secures $8.5 Billion in New Funding Amidst Strategic Revamp and Government Support 
Mastercard, NEC Collaborate to Revolutionize Checkout Experiences with Facial Recognition Technology 
PayPal Unveils Direct Crypto to US Dollars Conversion; MetaMask Integration Goes Live 
Elon Musk’s X Money Launch Set to Revolutionize Digital Payments and Dominate 2025’s Fintech World 
Coinbase Refines Subpoena for SEC Chair Gensler Amid Ongoing Legal Battle 
ByteDance Unveils New AI Voice Assistant for ZTE Smartphones 
U.S. Backs Bayer in Supreme Court Battle Over Roundup Cancer Lawsuits 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Robinhood Announces Plans to Expand Stock-Exchange Application to U.K. 
Crypto Investment Platforms eToro and M2 Granted Approvals to Operate in the UAE 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Indian Banks Disburse Employee Benefits Through Digital Rupee, Boosting RBI's Target Transactions 
South Korea to End Short-Selling Ban as Financial Market Uncertainty Persists 
Robinhood Launches Credit Card for Gold Customers 
Visa has announced the launch of its new global artificial intelligence advisory practice. This exciting addition to Visa Consulting & Analytics (VCA) aims to provide actionable insights and recommendations to help clients harness the potential of AI,
Unleashing the Power of Generative AI
The new AI advisory practice comes at a time when generative AI is transforming industries worldwide, Cointelegraph noted. Visa aims to revolutionize the payments sector by using AI not only to enhance payment experiences but also to empower its clients to redefine how they serve their customers.
Visa's AI advisory practice will be supported by its vast network of over 1,000 consultants, data scientists, and product experts spread across 75 offices on six continents, according to a BusinessWire press release. This global reach allows Visa to offer a full suite of client services, covering areas such as acquisition, engagement, retention, and risk management.
Visa's foray into the AI advisory space comes shortly after the company launched a $100 million AI venture fund. This fund is dedicated to supporting innovation and development in the generative AI sector.
The aim is to foster the adoption and advancement of AI models like OpenAI's ChatGPT and Anthropic's Claude 2, which have gained popularity for their ability to generate human-like content across various media formats.
Redefining Machine Learning with Generative AI
Generative AI, a burgeoning sector within machine learning, is revolutionizing content creation. By training models on specific datasets, generative AI enables the production of text, images, audio, and video content that closely resemble human creations.
Visa's AI advisory practice leverages this cutting-edge technology to provide clients with valuable insights tailored to their unique business needs.
Visa's AI advisory practice stands out due to its extensive expertise and worldwide presence. With a team of skilled consultants, data scientists, and product experts, Visa is committed to empowering its clients across the globe.
The payments sector is at the forefront of the AI revolution, and Visa is leading the charge. With its AI advisory practice, Visa provides clients with the tools to enhance customer acquisition, engagement, retention, and risk management, solidifying its position as a pioneer in shaping the payments industry.
Photo: Visa Website
