Finextra

JANUARY 22, 2025

Goldman Sachs is rolling out a Generative AI assistant to its staff in the first stage of a programme that aims to create a bot capable of thinking and acting like a veteran employee.

AI 123

AI Bots 123

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

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

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

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

JULY 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. Its technology also includes a supplier portal and an eInvoicing offering.

Bots 60

Bots Automation AI Fraud Detection 60

Fintech Review

MARCH 13, 2025

Limassol, Cyprus, March 13th, 2025, FinanceWire Avenix Fzco has launched Avexbot , an AI-enhanced trading system that introduces a precision-focused approach to GBP/USD trading by combining institutional-grade analytics with real-time market adaptability. The system continuously refines entry and exit points based on evolving market trends.

AI 52

AI Adjustments On-Demand Automation 52

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

SEPTEMBER 19, 2016

Technology enthusiasts draw pictures on whiteboards showing bots as the new king of the stack, out-stacking the last great stack — apps, which sit on top of the next-to-last great stack — mobile operating systems, which sit on top of the next-to-next-to-last great stack — the web. So, what gives?

Bots 79

Bots Credential Online and Mobile Banking Payments 79

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 107

AI Bots Security Addressing 107

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 131

AI Value Added Service Bots Innovation 131

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

Finovate

SEPTEMBER 23, 2024

You’ve seen the hype around Generative AI (GenAI). And perhaps you even have an AI strategy in place at your organization. But because the development of AI moves faster than any enabling technology we’ve seen in banking in the past, it’s important to think ahead to the next iteration.

AI 105

AI Assessments Compliance Risk 105

PYMNTS

DECEMBER 6, 2016

It also links customers to an online supermarket where they can then click through to purchase all those “bot-selected” ingredients. This bot also makes it simple to buy ingredients right in the chat, which is an especially helpful feature during this always busy time of year.”.

Bots 78

Bots Online and Mobile Banking AI Use Case 78

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

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

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 Checks 64

Finovate

NOVEMBER 4, 2024

However, there are three major themes that stand out as highlights: open banking, AI, and the evolution of the payments experience. AI The topic of AI pulsed throughout almost all on-stage conversations, and was very visible in sponsor pitches on the exhibit hall floor.

AI 59

AI Bots Cross-Border Payments Rules 59

Bank Automation

DECEMBER 22, 2023

Digital bank bunq rolled out its generative-AI driven chatbot this week and expects the bot to automate most of its operations. Bunq launched the bot, Finn, on Dec. 20 and expects it to automate 90% of operations in 2024, a spokesperson from Amsterdam-based bunq told Bank Automation News.

Automation 80

Automation AI Bots 80

Bank Automation

AUGUST 27, 2024

Bank of Montreal is deploying AI to improve customer experience and grow digital sales of its products to gain market share. In its third fiscal quarter of 2024, which ended June 30, BMO reported that nearly 3 million AI-enabled customer interactions were performed by its AI-driven chatbot, BMO Assist, according to its Aug.

Bots 80

Bots AI Product 80

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

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

PYMNTS

MARCH 13, 2020

Re-phrase and re-ask, and the consumer might do better — but it’s likely they get the same bad answer, or the bot digs deep and finds a way to give a worse one. He told Webster, JD.com has been able to build AI that doesn’t just understand customers’ questions well enough to give them right answers. AI, This Time With Empathy.

AI 101

AI Consumer Bots Authentication 101

PYMNTS

DECEMBER 16, 2020

Fraud prevention developer Kount , however, is working to thwart these attacks with new bot detection solution that uses a customizable, rules-based detection system to differentiate between bad and good bots.

Bots 124

Bots Federal Trade Commission Monetary Loss AI 124

The Fintech Times

JANUARY 24, 2024

Particularly since the release of OpenAI ‘s ChatGPT at the back-end of 2022, the world has sat up and taken notice of the potential of artificial intelligence (AI) to disrupt all industries in countless ways. “AI isn’t the problem, it’s the data. Not even generative AI can solve this challenge.

AI 75

AI Bots Credential Audit 75

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 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

SEPTEMBER 11, 2024

Automated bot attacks on social media surged dramatically in the second quarter of 2024, according to AU10TIX ’s latest Global Identity Fraud Report. This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated.

Bots 59

Bots Deepfake Automation APACS 59

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

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

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

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

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 Consumer 47

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

Payments Source

JUNE 4, 2017

Retailers can use the power of AI and predictive analytics to anticipate shoppers’ needs, writes Denise Purtzer, a vice president at FuturePay.

Bots 76

Bots AI ISOs 76

PYMNTS

JANUARY 22, 2019

Last year was the year of artificial intelligence (AI), declared Brighterion CEO Dr. Akli Adjaoute for PYMNTS’ 2018 year-end eBook. The possibilities are vast, as AI ushers in a new era of automation and access to actionable insights, which are critical for financial professionals.

AI 77

AI Finance Risk Mitigation Accounts 77