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5 Key Drivers Behind Thailand’s Fintech Growth

Fintech News

With cashless payment becoming ubiquitous, the Bank of Thailand (BOT) is now paving the way for open finance, aiming to enhance consumer access to financial services. The BOT expects the advent of digital banking to heighten customer experiences, enhance financial services accessibility, and lower fees for consumers.

FinTech 117
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Deep Dive: How FIs Can Keep Their Digital-First Innovations Secure

PYMNTS

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. Bot activity is the third major threat banks faced in 2020.

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Is No-Factor Authentication Digital Security’s Future?

PYMNTS

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. Theoretically – but not actually. As any consumer who has ever cursed their way through a series of CAPTCHA tests can attest, they aren’t always that easy to solve.

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Wyre Chatbot Enables China-US B2B Payments

PYMNTS

This is probably one of the first ubiquitous WeChat and Facebook bots in the payments space — definitely in the blockchain space,” Dunworth added. Reports said 100 companies are currently using the solution, with 500 more lined up. The solution will charge a 0.25

B2B 46
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When Instant Payments Are Just Payments

PYMNTS

And as promising as things are in the early stages, there’s work to be done before instant becomes ubiquitous. And the devils we know – garden-variety credit and bank fraud , phishing and bot attacks, online identity scams and the rest – may feel more comfortable than the devils we don’t know. Making Money Fast. Risk vs. Reward.

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What is document processing?

Nanonets

Documents are ubiquitous in business and serve as the foundation for data, information, and knowledge. Data validation: After the data extraction process is completed, RPA (Robotic Process Automation) bots are used to check and validate the processed data. Any unvalidated data is sent to a human user for manual processing.

Process 98
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Visa’s Hackathon Winner, Hermyz, Takes B2B Payments Inspiration From Slack

PYMNTS

Phillips, along with the rest of the Hermyz team – Mike Nabil, David Guras, Zach Bauer and Mohamed Elkarim – told PYMNTS about how Slack and bot technology served as the inspiration for its solution that impressed Visa , the challenge of accelerating supplier payments while maintaining security and what’s next for the team and its offering.

B2B 46