FinTech Magazine July 2024 | Page 67

“ We ’ re starting to see AI , particularly Gen AI , used in the consumer payments space ,” Swinton says . “ Serving the corporate world , there is always a lag between consumer technologies and corporate technologies .
“ But it ’ s here , and I think it will soon be inevitable Gen AI will be used in the B2B payments space . In the future , we ’ ll need a similar type of solution , based on Gen AI , to serve our corporate clients and meet their needs .”
“ So , I ’ m looking forward to harnessing this technology and seeing what further efficiencies it will bring . For B4B , we must continue to investigate this space and be at the forefront when it comes to adapting payments with Gen AI capabilities .
“ It ’ s so important we remain at the bleeding edge of fintech , and I ’ m very much looking forward to the opportunities continued technology innovation will offer us as we head into the future .”
Staying at the tip of fintech innovation is exactly what B4B is primed to do . After
( Left to right ) Brian Lawlor , Paul Swinton , Tom Jennings , Kieran Draper
overcoming the significant challenges posed by the Covid-19 pandemic , scaling in the US and joining the Banking Circle Group on its way to becoming a fullstack BaaS powerhouse , the first 18 years of B4B ’ s existence look set to be just the start of its journey into a technology-led future . fintechmagazine . com 67