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Payarc will use AWS and AI

May 20, 2024
1 Min Read

Leading provider of cutting-edge payment processing solutions, Payarc, reports that it is collaborating with AWS to improve business intelligence for its customers. Payarc wants to revolutionize financial data analysis in the payment industry by utilizing AWS machine learning, generative artificial intelligence (gen AI), analytics, security, and business intelligence technologies like data lake Foundation on AWS, Amazon Macie, Amazon SageMaker, Amazon Redshift, Amazon QuickSight, Amazon QuickSight Q, and Amazon Q.

AI

This program, led by Payarc CEO Zachary Martinez, intends to provide advanced analytics capabilities to Payarc's customers so they can make better decisions by analyzing large amounts of data.

Martinez stated, "Our collaboration with AWS demonstrates Payarc's commitment to offering state-of-the-art technological solutions." "Payarc's exclusive business management platform, combined with AWS's cutting-edge generative AI services and cloud infrastructure, will enable our clients with predictive analytics and real-time insights, revolutionizing the payment processing industry."

 

This foray into sophisticated business analytics demonstrates Payarc's commitment to offering cutting-edge technological solutions. Payarc wants to improve its data operations and give its clients a competitive edge in a data-centric business climate by utilizing AWS's scalable and secure cloud services.

Greg Pearson, vice president of AWS global sales, stated, "AWS is helping Payarc use cutting-edge technologies like generative AI and analytics to enhance payment processing for customers, giving them the visibility to make more informed financial decisions and optimize operations." "We are excited to work with Payarc to support their continued growth for years to come by helping them innovate more secure and personalized payment experiences."

 

Payarc's strategic focus on innovation and customer success is aligned with this agreement, which will add advanced analytics and data visualization tools to its products. Through this partnership, Payarc is able to further solidify its position in the industry and show that it is dedicated to providing innovative solutions that meet changing business requirements.

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