April 24th marked an incredible milestone for Zilch as we stood shoulder to shoulder with 50,000 innovators and forward thinkers who attended this year’s 2024 AWS Summit London. Our CEO and Co-Founder, Philip Belamant, had the honour of being asked to deliver a captivating keynote to open the conference, unveiling our groundbreaking collaboration with Amazon Web Services (AWS).
This partnership heralds a new era in artificial intelligence in the realm of payments. With our visionary CTO, Sean Hederman, at the helm, we’re embarking on a journey into the heart of Machine Learning and GenAI, poised to reshape the landscape of commerce. We have been working with AWS since the birth of Zilch, so we were quite literally born in the cloud. Having rolled out AWS’s SageMaker and Bedrock, we are now poised to redefine the boundaries of what’s possible.
The results speak for themselves. In just a year of testing, our teams can already build, test, and deploy new sophisticated fraud detection and credit underwriting models in record time—taking just days rather than weeks. We are successfully ingesting ten times more data and gaining multiple times the prediction ability we had before. This fuels our edge in predicting buyer intent with ASPN and delivering unparalleled customer experiences.
As Phil eloquently stated, “Commerce will never be the same.”
Together, we’re forging a future of innovation where, as Arthur C. Clarke best put it, “Any sufficiently advanced technology is indistinguishable from magic.”