PYMNTS

JULY 25, 2017

In 2016, online financial fraud hit 15.4 In our Q1 2017 Fraud Index , we found that eCommerce fraud has decreased an astounding 35 percent since 2016. As such, it would be logical to utilize machine learning to help tackle one of the largest threats to the eCommerce shopping world – online retail sales fraud.

Bots

PYMNTS

AUGUST 17, 2018

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. “This is such new territory for everyone.”

Bots

PYMNTS

SEPTEMBER 22, 2019

Israel-based hybrid chatbot startup Servicefriend was acquired by Facebook to build customer service bots for its planned digital wallet Calibra , reports said on Saturday (Sept. Servicefriend was launched in 2015 by co-founders Ido Arad and Shahar Ben Ami to offer customer service using hybrid artificial intelligence (AI) bots.

Acquirers

PYMNTS

JULY 27, 2016

The company announced a partnership with bot platform provider Gupshup , a move that sees the firms collaborating on a bot that, in their words, will be a “spreadsheet-killing” solution for SME accounting. ” Pegg was revealed Tuesday at the 2016 Sage Summit event, held in Chicago this week.

Bots

PYMNTS

DECEMBER 17, 2020

Gary Sevounts , Kount’s chief marketing officer, told PYMNTS in a recent interview that the frontline in the fraud-prevention fight right now involves bots, those automated software apps that rapidly perform basic but often critical tasks. Before, they were limited to one or two areas. Today, they’re pretty much everywhere.”.

Fraud Prevention

PYMNTS

JUNE 8, 2016

The first quarter of 2016 has been an eventful one chock-full of cyberattacks and emerging threats. Here are some of the key takeaways from the Q1 2016 report : From Q1 2015 to Q1 2016, there’s been a 125-percent increase in total DDoS attacks. There was a 137-percent increase in these “mega attacks.”.

Security

PYMNTS

SEPTEMBER 13, 2016

At the TechCrunch Disrupt SF 2016 event on Monday (Sept. 12), David Marcus, VP of messaging products at Facebook, explained that users will no longer be sent to an external website because Messenger bots will be able to facilitate payments natively, TechCrunch reported.

Bots

PYMNTS

SEPTEMBER 19, 2017

Miso’s burger bot can flip burgers twice as fast as a human using its singular arm, and it is powered by deep machine learning — meaning it can use feedback loops to learn from its coworkers in the kitchen as well as from its own mistakes. “The The kitchen can be entirely automated,” Miso Robotics CEO David Zito has said. “We

Bots

CB Insights

JULY 25, 2016

Deals and dollars to startups using AI algorithms reached record levels in 2016. The trend is revolutionizing several industries including healthcare, business intelligence, and advertising. Particularly, startups using machine learning and natural language processing to solve problems in the financial … Continued.

Bots

CB Insights

JANUARY 9, 2018

The emergence of “fake news” — false stories that gain traction across the internet and social media — has become a major story since the 2016 elections. Latest Round: Series C | $21M | August 2016. Distil also specializes in bot detection and blocking. Total Disclosed Funding: $129.1M.

Bots

CB Insights

JULY 21, 2017

Last year, it acquired visual search startup Moodstock , and bot platform Api.ai. Intel acquired 3 startups in 2016 alone: Itseez , Nervana Systems , and Movidius , while Facebook acquired Belarus-based Masquerade Technologies and Switzerland-based Zurich Eye recently. 11/15/2016. 11/15/2016. 11/10/2016.

AI

PYMNTS

DECEMBER 14, 2017

In 2016, the Mirai botnet was employed to infect hundreds of thousands of connected devices, such as webcams. With this army of digital bots, the hackers were then able to attack websites and bring them down in what is known as a denial of service attack.

Bots

PYMNTS

OCTOBER 8, 2018

Starting with Facebook’s big announcement of its chatbot push at F8 in 2016, all of those forecasts for everything chatbots were going to do starting rolling in. Head of Messenger David Marcus admitted that early phase of botdom has been a bit primitive — and that it has been too easy to build and release a bad bot.

Bots

PYMNTS

DECEMBER 22, 2016

And in this case, we’re reflecting on 2016’s eCommerce trends. Here are nine concepts PYMNTS believes are the most useful eCommerce trends coming out of 2016, propelling 2017 forward. According to [24]7 , more than 40 percent of customers are perfectly happy chatting with a bot regarding a retail-related experience.

Bots

PYMNTS

OCTOBER 25, 2016

PayPal’s integration with Messenger had been previously announced – but Facebook has been cautious in its rollout of Messenger payments and says it will roll out this latest upgrade in full by the end of 2016. Consumers who do not elect to use PayPal can also use payments credentials stored within Facebook/Messenger within their bots.

PayPal

CB Insights

NOVEMBER 6, 2018

Messenger taps brands for beauty bots. The second image shows the scheduling progress and confirmation for a bot requesting a haircut appointment on its user’s behalf. Neutrogena, for example, partnered with YouTube in 2016 to promote its Acne Light Therapy Mask. Amazon Echo and Alexa pursue beauty use cases. Partnerships.

Bots

PYMNTS

JUNE 2, 2017

It’s stamped on every dollar and coin, and between hackers, malware, bots and stingy paychecks, it sort of looks like He or She is the only one we can trust with our money. residents who would trust a bot to conduct their financial activities automatically. Everyone worries about the security of their earnings.

Bots

Fintech Labs Insights

AUGUST 11, 2016

The company’s out-of-the-box digital assistants and its Bots Platform offer a secure messaging service that fits highly regulated environments such as banks. At FinovateSpring 2016 the company showcased Kore Bots , chatbots that deliver alerts, perform tasks, interact with customers, and generate reports. Company facts.

Bots

PYMNTS

SEPTEMBER 19, 2016

In the first quarter of 2016, revenue for payments was the lowest in any quarter since 2012 and down 20 percent year over year. Chief Financial Officer David Wehner said that revenues were predicted to drop even more for the remainder of 2016 compared to 2015. percent in 2015, according to Bloomberg. Facebook Snapping At Snapchat.

Payments

Fintech Labs Insights

DECEMBER 19, 2016

Web and mobile security company Akamai added to its expertise today after acquiring Cyberfend , a bot detection company. Akamai launched Bot Manager earlier this year to help thwart automated bots, which use stolen credentials to log into legitimate ecommerce and financial services websites. Dr. Tom Leighton is CEO.

Bots

PYMNTS

APRIL 20, 2017

Chatbots launched in 2016 with a great deal of fanfare — if we had a dollar for every time someone forecasted that the bot was about to make the app obsolete, we wouldn’t be able to buy Facebook, but we probably could put in a pretty competitive offer for OnDeck. The bot experience left many users, like Karen Webster, a bit cold.

Bots

PYMNTS

AUGUST 1, 2017

Sometimes seen as a small pop-up window in the lower right-hand corner of the screen welcoming visitors to the site — and offering up assistance or a help link on the contact page — these smart technology bots have traditionally been utilized by retailers for customer service-related issues. billion by 2021.

Bots

PYMNTS

SEPTEMBER 30, 2016

Bloomberg said a few weeks ago that apps were out and bots were in. Google’s Allo and Amazon’s Alexa, in particular, are two such players that seem to understand that consumers may not want to have to “log into” their messaging app and then interact with dopey bots that are as smart as the web circa 1997. Virtual Personal Assistants.

CFPB

PYMNTS

APRIL 18, 2017

Chatbots launched with a good deal of fanfare in early 2016 — only to seem much of the early enthusiasm for the product diminished when consumers and merchants alike learned that bots were often a better idea in concept than in execution.

Bots

PYMNTS

JANUARY 13, 2020

Shoppers reportedly gawked at the time that the retailer put the first robot in a rural Pennsylvania store in 2016. Some attempted to talk with the bots, while others believed they were anti-theft devices.

Bots

PYMNTS

DECEMBER 5, 2017

The reports also coincided with revelations that tens of thousands of Russia-based social media accounts, many of which were automated bots, were posting about #Brexit in the days leading up to the Brexit vote to influence it’s outcome, according to researchers at the Times. 2016 presidential election.

Money Laundering

PYMNTS

SEPTEMBER 3, 2019

Ad fraud can wear many masks, but the most common types rely on bots, crawlers or other automated clicking methods. One type of bot-driven click fraud, known as click spamming, simulates an incredibly high number of clicks that appear to be from real devices. One particularly elaborate click scheme, Methbot, was detected in 2016.

Bots

PYMNTS

OCTOBER 19, 2018

The retailer made headlines in 2016 when it opened a store that uses computer visioning, sensors and a smartphone app to enable cashier-free, grab-and-go shopping. Consumers can order ahead with a mobile app or use a kiosk to purchase drinks from the bots. Amazon Go may be one of the most visible examples.

Lockbox

PYMNTS

NOVEMBER 28, 2018

. “Its operators constantly adopted new ways to disguise 3ve’s bots, allowing the operation to continue growing even after their traffic was blacklisted. Whenever they were blocked off in one place, they’d reappear somewhere else,” Google said.

FBI

PYMNTS

FEBRUARY 21, 2017

With a reported 30,000 branded chatbots and 6,000 voice-activated skills entering the market in 2016, the future of chatbots in the workforce is strong. A messaging bot that could potentially lead the way for this is one that Slack is putting together, which helps streamline multiple facets of everyday work life into one central location.

Bots

PYMNTS

MARCH 28, 2017

Natural-language understanding is a necessary requirement for any bot that is currently being built, but it’s not sufficient on its own to truly be helpful to the customer.

Bots

PYMNTS

FEBRUARY 20, 2018

“This is the Holy Grail of the experience [Nike is] trying to intend, which is direct to consumer — to the actual consumer, versus a bot — and same-day delivery,” said Darkstore CEO Lee Hnetinka. The Snap code introduces a new paradigm for commerce.”.

Bots

PYMNTS

JULY 1, 2019

During those sessions, Marcus provided an update on Messenger’s progress, including new features that had been launched and the impact of bots on consumer engagement. Bots on Messenger were launched in April of 2016 – two years after Marcus took charge – to much fanfare.

Bots

PYMNTS

NOVEMBER 22, 2017

billion connected “things” were in use in 2017 – up 31 percent from 2016 – and that the average home will have as many as 50 connected devices by 2020. IoT cameras were a primary vector for the Mirai botnet attack that managed to cripple Twitter, Netflix and PayPal in a single shot in 2016. So, why the mad rush?

Bots

PYMNTS

DECEMBER 20, 2017

According to Bloomberg Technology , New York-based Lemonade uses artificial intelligence and bots to minimize paperwork and speed up the claims process for renters and homeowners. Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. s GV and Sequoia Capital. s GV and Sequoia Capital.

Bots

PYMNTS

JANUARY 11, 2017

billion in 2017, the same as 2016 estimates. It also revealed its new voice-activated smart home hub robot, the aptly named “Hub Bot,” which also incorporates Alexa’s voice assistance platform. If that isn’t enough to convince you anymore, Hub Bot sings, dances and has an adorable digital display face.

Bots

Fintech Labs Insights

FEBRUARY 15, 2017

Fresh off its Best of Show winning performance at its debut at FinovateFall last September, mobile gift card innovator, Swych , has announced the beta release of its P2P gifting bot. Pictured (left to right): Swych co-founders Deepak Jain (CEO) and Robert Sabella (CRO) demonstrating the Swych Mobile Gifting Platform at FinovateFall 2016.

Bots