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Bots, humans share the workload of digital fraud

Payments Source

As mobile payment applications increasingly integrate with social media platforms, fraudsters are using a mix of bots and human labor to increase their chances of a successful account takeover.

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Those who master bots will win payments' next battle

Payments Source

A bot-powered wave is on the way, and some firms will adapt, others will simply perish. It will be survival of the fittest, writes Beerud Sheth, founder and CEO of Gupshup.

Bots 68
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5 Key Drivers Behind Thailand’s Fintech Growth

Fintech News

Digital banking is on the horizon, with the first digital banking licenses slated to be issued by mid-2025 and expected to bring about enhanced customer experiences, heightened competition and increased innovation. Interested applicants will be able to submit their application to the BOT from March 20, 2024 to September 19, 2024.

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Mastercard’s Conversational Commerce Dialogue

PYMNTS

Mastercard is unveiling an artificial intelligence bot platform that will let users monitor and control their financial lives through social media. Dubbed the Conversational Commerce Service, launched with bot developer Kasisto, the service will be available in early 2017. Consumers are leading, increasingly, a digital lifestyle.

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Visa ‘Hackathon’ Produces A Digital Payment Tool For Small Businesses

PYMNTS

Hermyz is a “bot that enables small businesses to manage and pay invoices using the Visa Direct API,” Visa said in an announcement about the winners, which was released on Thursday (May 3). Contest participants used APIs from the U.S.

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Laos and Brunei Joins ASEAN’s Initiative for Real-Time Cross Border Payments

Fintech News

predicts explosive growth in ASEAN’s digital payment market, reaching US$2 trillion by 2030. Hajah Rokiah binti Haji Badar Hajah Rokiah binti Haji Badar, the Managing Director of BDCB said that the scope and areas of cooperation in the MOU RPC will be beneficial, particularly in advancing cross-border payment connectivity.

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Who Are The Applicants for Thailand’s Virtual Banking License?

Fintech News

Thailand is moving closer to welcoming its first virtual banks, with the Bank of Thailand (BOT) currently accepting applications for the virtual banking license. The BOT aims for these new digital players to enhance financial services through the use of technology and data, improve financial inclusion, and foster healthy competition.