Source: Pymnts
Online payments firm AffiniPay has embedded generative artificial intelligence (AI) into its legal technology offerings.
“At AffiniPay, we believe generative AI can drive the type of efficiencies and insights that will result in better outcomes for our customers and their clients,” CEO Dru Armstrong said in a Wednesday press release.
“As a trusted technology partner, we have big plans to empower our customers with AI, and are excited to announce the launch of AffiniPay IQ.”
“The company’s vision is that customers will be able to utilise AI-powered conversational interface that will enable users to access their data and generate insights using natural language, directly within the interface,” the release said.
The beta launch of the tools will include document summarisation capabilities, letting firms quickly review case documents using AI-generated summaries, as well as AI-powered text editing “to allow style updating, tone changes, and summarisation.”
However, many lawyers are unsure even about the idea of a partnership with AI. As PYMNTS reported last year, research shows that 72% of legal professionals doubt that their industry is adequately prepared for the AI revolution, while just 20% believe the advantages of using AI outweigh the disadvantages.
Read full article: https://www.pymnts.com/artificial-intelligence-2/2024/affinipay-adds-generative-ai-to-legal-tech-products/
