CB Insights

NOVEMBER 6, 2018

Targeted advertising for product discovery. Messenger taps brands for beauty bots. Google UK hosted its inaugural “Connected Beauty” event in October 2018, bringing speakers from YouTube, Sephora, indie beauty brands, and more to discuss trends across consumer beauty product discovery. Product Launches.

Bots 72

Bots Use Case Product Consumer 72

PYMNTS

MAY 8, 2017

In addition to its availability for developers to build out a multitude of their own bots along with organizations ramping up customer service and payment options via chatbot, Messenger is also integrating games into its system. 27 percent — connecting with friends and family. 24 percent — making or supporting professional connections.

Product 40

Product Bots Blocks Research 40

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 41

Bots Automation AI Technology 41

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 67

Bots Push-to-Card Economy Blocks 67

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. Nearly 90 percent of shoppers say detailed product content is important to them. Sales associates aren’t winning popularity contests.

Bots 70

Bots Consumer Checks Automation 70

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’s Buy Button.

Payments 80

Payments P2P Bots PayPal 80

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 22

Bots Product Use Case Technology 22

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 41

Bots Push-to-Card Visa Near Real-Time 41

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 69

CFPB Online and Mobile Banking Bots Same Day ACH 69

PYMNTS

JANUARY 13, 2020

The Bossa Nova devices, which are six feet tall, move through aisles, and send alerts to the handheld devices of employees when products are out of stock, Bloomberg reported. Shoppers reportedly gawked at the time that the retailer put the first robot in a rural Pennsylvania store in 2016.

Bots 53

Bots Automation On-Demand Innovation 53

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 41

Bots Visa API Credential 41

PYMNTS

FEBRUARY 21, 2017

With the advent of computers increasing productivity standards, digital personal assistants have made their way onto the workplace scene via chatbots like Alexa, Cortana and Siri. 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.

Bots 44

Bots Research AI Technology 44

CB Insights

OCTOBER 31, 2017

A far cry from the hard-shelled mechanical pets of the early 2000s, these more realistic “care bots” are providing companionship to nursing home residents — a population known to experience loneliness and isolation. The product will be available for purchase in “ Husky Grey” or “French Brown ” beginning in June 2018.

Bots 53

Bots Participant Product Research 53

PYMNTS

MARCH 12, 2018

In 2016, AI in the retail market totaled $712.6 The second trend is closely tied to the first: As technological awareness and product choice expand, AI-based startups have proliferated to deliver to the industry the capabilities it needs to meet the rising expectations of the consumer base. Why such an astronomical increase?

AI 57

AI Bots Technology Consumer 57

PYMNTS

FEBRUARY 20, 2018

Marking the first time that a brand other than Snap has allowed consumers to purchase a product directly through Snapchat, Nike pre-released its Air Jordan III “Tinker” sneakers on Snapchat with same-day delivery, TechCrunch reported. The sale was only available to attendees of a Monday (Feb.

Bots 47

Bots Consumer Product 47

Fintech News

JUNE 10, 2024

After graduating in 2016, he joined Aoie Corporation, a company founded by a classmate, where he played a key role in launching the bathhouse business and later became director and CFO, overseeing back-office and financial operations. Bawany is an experienced product executive with a demonstrated history of working in the fintech industry.

FinTech 130

FinTech Non-Bank Finance AI 130

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. In addition, it has created a way for real estate and commerce websites and apps to offer the company’s products. s GV and Sequoia Capital.

Bots 43

Bots Acquirers Process Product 43

PYMNTS

JANUARY 11, 2017

billion in 2017, the same as 2016 estimates. a Silicon Valley tech company that develops and makes speech technologies on both hardware and software platforms for consumer products, is bringing Alexa to Bluetooth headsets` — effectively enabling Alexa on-the-go. If anything, Hub Bot wins in the cuteness category hands down.

Bots 46

Bots AI Consulting Research 46

CB Insights

SEPTEMBER 14, 2017

Advancements in AI over the last decade are presenting opportunities for companies to automate business processes, transform customer experiences, and differentiate products offerings. Microsoft has created an AI business unit with over 5,000 computer scientists and engineers focused on driving AI into the company’s products.

AI 78

AI Automation Research Due Diligence 78

CB Insights

JULY 19, 2017

These teams work on research that’s not directly tied to a product and encompasses challenging fields like speech processing, machine intelligence, quantum AI, and more. Microsoft has numerous labs, each with its own flavor, aimed at applying research independent of product development cycles. Founded: 2016. Founded: 2010.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

PYMNTS

MAY 7, 2020

The role application programming interfaces (APIs) play in allowing financial institutions (FIs) and FinTechs to cooperate on banking products without worrying about interoperability between systems is crucial. Twitter faced its own shutdown in January 2016 when its own API failure saw its website and app go offline for more than an hour.

API 60

API Payment APIs and Integration Shutdown Product 60

PYMNTS

SEPTEMBER 27, 2016

Rather than build a new warehouse or rely on tried-and-tested technologies for picking products off shelves, Target decided to try a “new breed of robots.”. In 2016, 5 percent of U.S. A recent article by The Wall Street Journal showed fully autonomous robots picking and stacking goods in a Target distribution center in California.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

PYMNTS

APRIL 18, 2017

voice) to interact with people, brands or services and bots that heretofore have had no real place in the bidirectional, asynchronous messaging context.”. 2016 that it would be allowing the 30,000 and growing chatbots to accept payments.

Payments 49

Payments Bots Consumer Economy 49

PYMNTS

JUNE 29, 2018

The total annual revenue generated by self-service kiosks has already topped $218 million in 2016, according to the PYMNTS Unattended Retail Tracker. The burger bot also has the potential to save QSRs a lot of money in labor costs, particularly as the technology becomes more prevalent and affordable. The Automated Chef.

Automation 43

Automation Bots Credit Cards Consumer 43

CB Insights

AUGUST 16, 2017

AvidXchange , a fintech startup that automates invoicing and payment processing for midsize companies, aims to use its Q2’17 funding round to enhance its SaaS product offering and expand into new markets. Select Investors: CDPQ, MasterCard Worldwide, Peter Thiel, Temasek Holdings. Rocket lab. Valuation: $1B.

Payment APIs and Integration 68

Payment APIs and Integration Cybersecurity Fraud Detection On-Demand 68

PYMNTS

MAY 2, 2017

First, it was all about the bots on Messenger and AR/VR at F8. This marks the first time Facebook has integrated a physical hardware product into its online platform. Research from Proofpoint found a 45 percent spike in BEC attacks in the last quarter of 2016 compared to Q3.

Business Email Compromise 43

Business Email Compromise Email Compromise Scams Phishing 43

Nanonets

MAY 10, 2023

Intelligent workflow automation can save time, boost production, and cut expenses. When done, this kind of automation needs to be a simple procedure that is carried out frequently to increase productivity on a day-to-day basis. Create Your Workflow Businesses lose millions of dollars each year due to inefficiency, which is no secret.

Automation 98

Automation Rules Procedures Process 98

PYMNTS

AUGUST 8, 2019

The company originally said they planned to roll out the bots in 2019, though no pilots have been officially announced yet.”. The concept has been in development with Nuro since 2016. Intense Focus. Unmanned delivery is an intense area of focus for food delivery, including QSRs and grocery stores.

Bots 46

Bots Origination Agreements Participant 46

PYMNTS

MARCH 30, 2017

Specific to mobile payments, he stated that there has been much attention paid to AI and bots and the overall online presence, and alongside those events, “a lot of talk about frictionless payments.” . “This opens up an entirely new world of possibilities,” said Truitt, improving commerce in general. . In the U.S.

Online and Mobile Banking 49

Online and Mobile Banking Bots Mobile Payments Credit Cards 49

PYMNTS

JULY 15, 2016

In a report, Chief Economist for the Americas Jeffrey Havsy explained that, at the close of Q2 2016, available retail warehouse space had fallen to just 8.8 Now, it’s more about having the right products near the customer, and that means more points of distribution rather than a single point of distribution.”.

Bots 40

Bots Automation On-Demand Product 40

PYMNTS

SEPTEMBER 28, 2019

The first one is weight gain (and all its associated health risks like diabetes, heart disease and cancer), because lack of sleep stimulates the production of hormones that increase appetite and limits the production of the hormones that make a person feel full. Boston Med has offered Sleepio since 2016. But does it really work?

On-Demand 58

On-Demand Checks Bots Risk 58

PYMNTS

JUNE 29, 2017

This is not a futuristic visionary kind of bot,” said Dror Oren, KAI co-founder and chief product officer. The AI environment is easy to deploy in demo but harder in production. Launched in April 2016, digibank now serves more than a million customers with its branchless, paperless, signature-less platform.

AI 41

AI Bots Visa Mobile Banking 41

CB Insights

AUGUST 17, 2017

Walmart has filed hundreds of patents over the past several years, focused on everything from back-end web development to drones ferrying around products inside stores. We see Walmart looking at GPS systems, phone alerts, augmented reality, and even drones to help shoppers find products in stores. Date filed: February 8, 2017.

Automation 37

Automation Product Checks Process 37

PYMNTS

MARCH 14, 2017

One of the better definitions of this was found in an early 2016 Medium posting where social and digital architect expert Chris Messina defined conversational commerce. voice) to interact with people, brands, or services and bots that heretofore have had no real place in the bidirectional, asynchronous messaging context.”.

Adjustments 48

Adjustments Bots AI Consumer 48

CB Insights

JUNE 4, 2019

Fueled by social media, consumers want to get a hold of the latest trends as quickly as possible, and retailers must rapidly increase production to meet demand. Some fashion brands are turning to agricultural waste products such as leaves and rinds to create more eco-friendly textile alternatives. Source: Ellen MacArthur Foundation .

Automation 78

Automation Economy Blockchain Product 78

Fintech Labs Insights

JANUARY 11, 2017

IpSoft’s Amelia is a customer service bot that helps banks maintain compliance in conversations with customers. Fintech example : Marketers can better up-sell or cross-sell banking and finance products by using AI to identify and anticipate client needs. Below are eight areas of fintech into which AI has made inroads.

AI 30

AI FinTech Bots Advisors 30

PYMNTS

MARCH 5, 2018

He, on behalf of P&G, took a very public stance on brand safety last year when the consumer brand giant discovered advertisements for its products on YouTube were placed next to questionable and inappropriate content. But its algorithms also couldn’t flag — and shut down — violent content or, in the case of the 2016 U.S.

Bots 49

Bots Consumer On-Demand Product 49