Fintech News

JUNE 18, 2024

OCBC Securities has introduced and AI stock picker tool named A.I. OCBC’s AI stock picker, which predicts stock price movements and generates personalised stock ideas, saw a 50% increase in trading activity among young investors during its pilot phase from October 2023 to April 2024.

AI 105

AI Bots Security Addressing 105

PYMNTS

JUNE 9, 2017

Artificial intelligence (AI)–assisted technologies have been on the rise over the past few years. From virtual personal assistants to video games, smart cars, online customer support, and music or movie recommendations, AI has infiltrated nearly every aspect of consumers’ everyday lives.

Bots 71

Bots AI Fed Technology 71

Finextra

JANUARY 22, 2024

RegTech platform Model Office has launched a new version of its AI chatbot incorporating generative AI features and development to support advice and wealth management firms’ governance, risk, and compliance (GRC) challenges.

Compliance 40

Compliance AI Bots Government 40

Finextra

FEBRUARY 27, 2024

Themis continues to lead in applying innovative technology to the fight against financial crime, with the launch of a cutting-edge, AI-powered chatbot integration for its AML/KYC Platform.

AML 40

AML AI Bots Financial Crimes 40

Fintech News

JUNE 17, 2024

The global wealth management industry is undergoing a profound transformation, including in Asia, driven by the convergence of technological advancements like artificial intelligence (AI), shifting investor preferences, and evolving economic conditions.

AI 129

AI Value Added Service Innovation Bots 129

PYMNTS

MARCH 5, 2020

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will also allow for identifying contract clauses in an automated way.

Automation 97

Automation AI Bots Fraud Detection 97

Payments Source

NOVEMBER 13, 2018

The massive number of fraudulent bot attacks on the payments ecosystem and financial services is compounded by the fact that many current data protection tools are not designed to detect this automated crime network.

Bots 75

Bots Crime AI Payments 75

PYMNTS

AUGUST 23, 2017

Specifically, artificial intelligence (AI) is looking to be the technology of choice for banks. With machine learning and natural language processing at the core of AI, the amount of paths the financial industry can take with it are endless. One of the latest industries to start exploring in connected technologies are banks.

AI 78

AI Bots Fraud Detection Research 78

PYMNTS

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. The bots are “largely operated by organized gangs of cybercriminals,” noted the report.

Bots 52

Bots Account Takeovers Cybersecurity Credential 52

PYMNTS

MARCH 25, 2020

Artificial intelligence (AI) and mac hine learning (ML) applications often form the core of these cybersecurity systems and are being deployed across banks, retailers, telecommunications companies and many other businesses. Axos Bank on How to Separate the Good Bots From the Bad. Developments From Around the World of Digital Fraud.

Bots 59

Bots Cybersecurity Phishing Fraud Prevention 59

PYMNTS

JUNE 19, 2017

AI-based machine learning is also helping enterprises with 83 percent reporting its use to curate and nurture enterprise knowledge that boosts employees’ skills. In this week’s AI/BOT news, we’ve seen a myriad of interesting developments.

Bots 51

Bots AI Automation Research 51

The Fintech Times

FEBRUARY 27, 2024

Amazon Web Services has launched a number of new generative AI capabilities in Amazon Connect, its cloud contact centre service, in an effort to help contact centres improve their services and enhance quality assurance.

AI 59

AI Bots FinTech Posting 59

PYMNTS

DECEMBER 23, 2019

An artificial intelligence (AI)-powered travel bot called Eddy Travels has raised about $500,000 in a pre-Seed funding round, according to reports. ikonis then saw an opportunity with the new technology for AI, machine learning and language processing, which powers personalization.

Bots 52

Bots AI Process Technology 52

PYMNTS

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. The bots are “largely operated by organized gangs of cybercriminals,” noted the report.

Bots 43

Bots Account Takeovers Cybersecurity Credential 43

PYMNTS

JULY 13, 2017

More and more merchants are starting to look into the various forms of artificial intelligence (AI), which include machine learning and natural language processing, for ways to enhance the tech-savvy (and sometimes not so tech savvy) consumer experience. How much has AI affected the digital retail revolution and what’s next for it?

AI 85

AI Bots Contactless Payments On-Demand 85

PYMNTS

MAY 3, 2017

Ever since Facebook made its big bot announcement in 2016, conversational AI (or chatbots) are all of a sudden everywhere — along with their promise to enable a smoother and more conversational way for a consumer to interact with a business. Emphasis on the word “promise.”. So what would?

Bots 48

Bots AI Finance Credit Cards 48

PYMNTS

JANUARY 13, 2018

bot from “Lost in Space,” “WALL-E,” Johnny 5 from “Short Circuit,” R2-D2 (C-3P0 and BB-8) from “Star Wars” — popular culture is filled with robots we love. That tension can be felt in the world of robotics and AI development today. AI-enabled robots are beginning to make their first public appearance and get assigned their first tasks.

Bots 64

Bots AI Product Automation 64

PYMNTS

APRIL 30, 2018

In addition, IAmBot seeks to provide customer service through artificial intelligence (AI)-backed technology. The use of AI is growing and the technology is changing fast. Beyond messaging, Kolacz said there might be another user for AI bots in the future. The Platform. The Road Ahead.

Bots 47

Bots AI Research Automation 47

CoinRemitter

MARCH 20, 2024

Let’s ignore the cons, AI has some pros as well. The combination of AI and blockchain may fix all the hesitance and make crypto payments look more reliable than now. Let’s see how AI in blockchain can affect and what factors can cause an improved experience of accepting crypto payments. AI algorithms can simplify this.

Blockchain 40

Blockchain AI Fraud Detection Payment Gateways 40

PYMNTS

MAY 14, 2020

The result has led to a surge in digital ID innovation, with businesses in all sectors relying on both artificial intelligence (AI) and biometrics to verify consumers remotely from the safety of their own homes. Trust & Will Deploys AI-powered Digital Solutions To Innovate Estate Planning.

Identity Theft 98

Identity Theft AI Federal Trade Commission Verification 98

PYMNTS

AUGUST 8, 2017

With the advent of artificial intelligence (AI), retailers and merchants have the capability to reach a much larger array of consumers on an extremely tailored and personal level. As such, it should come as no surprise that many retailers are using AI to help boost both their products and services.

AI 51

AI Bots Consumer Research 51

PYMNTS

JUNE 13, 2017

In addition to machine learning and natural language processing, artificial intelligence (AI) has seen significant growth in the last decade in terms of what can be accomplished with zero human interactions. According to a recent research study from the University of Oxford and Yale University titled, “When Will AI Exceed Human Performance?

AI 68

AI Bots Research Technology 68

PYMNTS

JUNE 27, 2017

It is also changing the retail game by eliminating the need for checkout stations through its artificial intelligence (AI) infused checkout system in its Amazon Go grocery store. Forty-five percent of retailers are planning to use AI in the next few years, according to the latest research from Boston Retail Partners.

AI 62

AI Bots Research Consumer 62

Nanonets

OCTOBER 5, 2023

A Zendesk Answer Bot, powered by Large Language Models (LLMs) like GPT-4, can significantly enhance the efficiency and quality of customer support by automating responses. In simple terms, RAG enables the AI to pull in relevant information from a database or other sources to support the generation of more accurate and informed responses.

Bots 52

Bots API Database Posting 52

PYMNTS

JULY 18, 2017

Artificial intelligence (AI) has helped to swing the pendulum in favor of chatbots, along with other technology integrations, into a sweet spot that’s helping to likely streamline processes throughout retail. To give a sense of how huge of an impact this will have on the job market, AI is only saving businesses $20 million per year right now.

Bots 48

Bots AI Automation Research 48

PYMNTS

JULY 25, 2017

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. Machine learning applies AI to take up-to-date data to help improve upon an experience without any human interaction.

Bots 78

Bots AI Fraud Detection Fraud Prevention 78

PYMNTS

AUGUST 29, 2017

That could be the list of hot designers creating the latest fashions someday — if Amazon is able to perfect the artificial intelligence (AI) technology on which it’s currently working, that is. By tracking fashion trends, it is suggested the AI bots may eventually be able to predict and shape them in the future.

Bots 54

Bots AI On-Demand Research 54

PYMNTS

JUNE 30, 2017

Sage’s accounting chat bot is expanding. The company said this week that its AI-powered chat bot, Pegg, will be available to companies in Canada next month, about a year after Sage first rolled out the solution. The bot can access information on outstanding accounts or track expenses, for instance.

Bots 57

Bots Accounts Payroll AI 57

The Fintech Times

DECEMBER 19, 2023

Today we hear from industry experts on the growing impact of AI across various sectors and industries, highlighting its potential for transformation, efficiency improvement and enhanced customer experiences in 2024.

AI 78

AI Embedded Finance Due Diligence Finance 78

Fintech Finance

MAY 30, 2024

Mangopay’s Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats, including account takeover by both bots and humans, reseller fraud, payment fraud, chargebacks, and return abuse.

Fraud Prevention 52

Fraud Prevention AI Payment APIs and Integration Fraud Detection 52

Fintech Finance

OCTOBER 9, 2024

Fraudsters are turning to AI to fuel fraud AI technology, such as AI-driven bots and scripts, has given fraudsters unprecedented speed to automate the process of generating synthetic identities on a massive scale. ” Key report insights at a glance Payment trends (H1 2024 vs. .

BNPL 98

BNPL Volume AI Alternative Payment Methods 98

Nanonets

AUGUST 6, 2024

Here’s how retrieval augmented generation makes magic with simple AI workflows: Knowledge Base (Input) : Think of this as a big library full of useful stuff—FAQs, manuals, documents, etc. This fusion allows the AI system to provide responses that are not only contextually apt but also based on the most current data.

AI 52

AI Database Automation Payment APIs and Integration 52

The Fintech Times

AUGUST 17, 2024

The emergence of generative AI-driven fraud has motivated companies across industries from financial services to healthcare and e-commerce to seek new types of fraud-detection technology. Jack Alton, CEO at NeuroID “We are in a new era of fraud driven by AI.

Risk 59

Risk Fraud Detection Bots Identity Theft 59

Bank Automation

DECEMBER 15, 2023

Meriwest Credit Union’s AI-driven chatbot, Scout, powered by Kasisto’s KAI digital assistant platform, launched in February and accomplished the work of two, full-time, call center employees within its first two weeks.

Bots 75

Bots AI Credit Union 75

PYMNTS

AUGUST 16, 2017

Through the advancements chatbots have undergone over the past few years, including artificial intelligence (AI) and natural language processing, the presence of more human-like responses are slowly becoming the expected norm among consumers. billion by 2022.

Bots 44

Bots AI Research Consumer 44

PYMNTS

APRIL 19, 2017

And from there, F8 took on a much more forward-looking tone — with AR/VR and bots playing the day’s starring roles. “If by David Marcus, Facebook’s SVP of Messaging Products, during his keynote remarks, Marcus announced that there are 100,000 bots on the platform, up from 33,000 in September, and 100,000 developers working on the platform.

Bots 42

Bots AI Innovation Addressing 42

The Fintech Times

MAY 28, 2024

On this week’s episode of News & Views, The Fintech Times Podcast team speak about what it would take to see an NFT revival and INZMO launching a new AI chatbot, RentalBot to help tenants and landlords get the legal info they need to resolve disputes. Unfortunately, the Podcast team was once again down a member.

NFTs 108

NFTs Disputes Bots Returns 108