Adroit Partners LLC

AI and the future of Payment Technology Adroit Partners invests in merchant portfolios that can take advantage of future AI payment technology, like Computer and voice activated payments. Computer-vision powered payments Utilizing AI in the payments space has streamlined the functionality of payment technology. As more consumers shop online and via mobile, facial recognition has been a more recent technology that many see as the future of digital payments. By using device-vision AI, credit and debit card data can be stored with your facial ID and used to make purchases. Amazon's Deeplens technology which enables cameras to check out your grocery items without going through a cashier is one example of this. While it's still in development, it's set to disrupt payment systems. Voice-activated payments Biometric protected payments are now more mainstream as they integrate with most smartphones. But more advancements are aspiring to integrate AI powered smart assistants with voice-recognition technologies. With voice-activated payment technology, smart assistants access your accounts for the transaction. In the future, voice activated payments won't be hinged on assistants or other biometric securities for verification. As effortless payment leads the way in the digital transformation of financial services, it won't take long before these displace the current methods used today.