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03/22/2023
J.P. Morgan Payments: AI Transforms Payments’ Tony Starks into Data-Driven Iron Men
PYMNTS
Artificial intelligence is helping payments executives become high-powered problem solvers.
“What makes Tony Stark Iron Man is his exoskeleton and AI-powered enhancement technology,” Tony Wimmer, head of data and analytics at J.P. Morgan Payments, told PYMNTS' Karen Webster.
AI is giving payments professionals, he said, a bit of their own high-powered enhancements in the mix.
At a high level, he said, the initial impact of AI is on human decision-making by delivering the right insights at the right time.
Those insights, said Wimmer, can help a company’s treasury, merchants, issuers and acquirers benefit from the opportunity to use AI and data-driven insights to optimize — and repair — payments by increasing conversion rates.
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