CB Insights

JULY 11, 2018

The company’s patent application published last week entitled “ Processing Payment Transactions Using Artificial Intelligence Messaging Services ,” outlines a messaging bot that interprets and responds to users’ purchase requests. An illustration from the patent below shows a chat between a user and a bot for a coffee shop.

Bots

PYMNTS

JUNE 11, 2019

Reports in Reuters on Sunday (June 9) said Italy’s mini-BOT scheme, developed by the League party and endorsed by Parliament in May, would create small-denomination bills that don’t expire in order to pay the state’s debts. There would be no obligation for third parties to accept them.” ” Euro Fears.

Bots

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. McKinsey research , released in 2017, pegged the number of jobs worldwide that could be lost to automation by 2030 at 800 million.

Small Business

PYMNTS

JULY 18, 2017

Chatbots are here, and there will be a lot more of them in retail by the end of 2017,” said Baird. They need to give consumers options, and they need to make sure their labor model adapts to more bot-driven interactions, so consumers don’t get frustrated.”. But retailers need to be careful about how they embrace them.

Bots

PYMNTS

APRIL 30, 2018

Chatbots, or virtual customer assistants (VCAs), will be used in 25 percent of customer service and support operations by 2020, up from just 2 percent in 2017. Beyond messaging, Kolacz said there might be another user for AI bots in the future. The use of AI is growing and the technology is changing fast.

Bots

PYMNTS

JANUARY 10, 2017

Regardless of whether all those Alexas were successful in their purchases, it begs the question if bots are being too helpful and perhaps collecting too much data from people. “It So, while nannies can relax, there is the concern that bot and AI services may be listening to those interactions, whether users are OK with it or not.

Bots

PYMNTS

AUGUST 13, 2019

Winners are still being sorted, but it does seem increasingly clear that the last mile of delivery in many major metros will be all about the bots closing the gaps. When the bot was introduced in December of 2018, Postmates said it would begin cruising sidewalk in 2019, though no official start date has been announced.

Bots

Fintech News

APRIL 16, 2024

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

PYMNTS

FEBRUARY 28, 2019

FedEx , for instance, recently unveiled its FedEx SameDay Bot concept, which the carrier said is in development with DEKA Development & Research Corp. The idea behind the bot is to let merchants accept customer orders and deliver them to customers on the very same day. along with DEKA Founder Dean Kamen (of Segway fame).

Bots

PYMNTS

OCTOBER 25, 2016

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.

Bots

PYMNTS

DECEMBER 13, 2016

“With more than a third of millennials selecting chat as their favorite way to interact with companies, Starbucks is smart to incorporate bot technology into its mobile app,” said Scott Horn, CMO of [24]7 , who added that he views 2017 as a big year for bots, especially when it comes to customer experience.

Bots

PYMNTS

AUGUST 16, 2017

This week in the AI/BOT news cycle, MarketsAndMarkets’ latest research is predicting that the retail analytics market is set to reach $8.64 The idea of cognitive chatbots is being pushed forward as the go-to avenue for retail interactions by many throughout the wide-ranging industry. billion by 2022.

Bots

CB Insights

JANUARY 9, 2018

Distil offers an end-to-end solution for companies to gain complete visibility and control over “human, good bot, and bad bot traffic” — all of which can be potent distribution engines for misinformation. Distil also specializes in bot detection and blocking. Latest Round: Series C | $26M | September 2017.

Bots

PYMNTS

JANUARY 15, 2021

Temporarily coined Serve Robotics — named for Postmates X’s delivery bot — the autonomous sidewalk robot will likely be the nucleus of the new startup. Postmates started trialing sidewalk delivery bots in 2017 and launched Serve in December 2018, with a commercial rollout planned in Los Angeles. 15), citing sources.

Bots

PYMNTS

OCTOBER 8, 2018

And the consensus across media was that chatbots were basically going to do everything in the mobile ecosystem: replace apps , transform eCommerce, fix B2B transactions, save shopping malls – if you can name it, someone probably at some point between 2016 and 2017 predicted that a chatbot was going to do it.

Bots

FICO

DECEMBER 20, 2016

I have one more to add to that list: financial inclusion must be central to the story of 2017 because it will be the beneficiary of many mainstream industry innovations. Still, look for an accelerating list of reported real examples as 2017 unfolds. Here are some thoughts on just four of these trends.

Blockchain

CB Insights

JULY 21, 2017

Baidu has been particularly aggressive in its AI acquisitions in 2017, with 3 M&A deals so far this year, including its acquisition of Amazon Alexa Fund-backed Kitt.ai Last year, it acquired visual search startup Moodstock , and bot platform Api.ai. AI acquisitions (2012-2017 YTD). this quarter. M&A Date. Halli Labs.

AI

Fintech Labs Insights

JANUARY 11, 2017

In what The New York Times is calling The Great AI Awakening and Forbes has dubbed The Year of AI , 2017 is shaping up to be obsessively focused on artificial intelligence, a field that has been around for awhile (remember playing checkers against a computer?) The post A Fintech Filter for AI in 2017 appeared first on Finovate.

AI

PYMNTS

JULY 16, 2020

In other news, Thailand’s central bank has arrived at the third step of its central bank digital currency (CBDC) formation and seeks to have greater use of the cryptocurrency by big companies, The Nation Thailand reported, citing a Bank of Thailand (BOT) official. million in ether, about $1.1 million in bitcoin and $30,000 in U.S.

Central Bank

CB Insights

NOVEMBER 6, 2018

Messenger taps brands for beauty bots. Google has previously leveraged its search data for industry reports across the beauty space, including a 2014 report on the beauty revolution, a 2015 report on hair trends, and a 2017 report that used Google data to identify skincare trends across the US, France, and Japan. Looking ahead.

Bots

PYMNTS

NOVEMBER 4, 2016

1,000 | The price of a bot army. 4 billion | What Snapchat aims to raise in IPO in the first quarter of 2017. (Happy holidays, indeed.). 50 terabytes | The amount of data former NSA contractor Harold Thomas Martin III kept in his home. 20 | Number of people the IRS recently indicted over IRS scams. $4

IRS

PYMNTS

DECEMBER 22, 2016

More banking bots are popping up each week. The bot is brought by Kasisto, a company focused on transforming consumer banking through artificial intelligence (AI), and mobile banking startup Varo Money. Val, which is considered “a digital money coach” is still in beta form, with plans to fully launch in early 2017.

Bots

Finovate

JANUARY 22, 2024

Eltropy made its Finovate debut in 2017. ” Eltropy made its Finovate debut at FinovateSpring in 2017. With Eltropy One, FIs can leverage text, secure chat, video, audio, cobrowsing, and conversational bots to handle both simple and complex customer communication. The company most recently demoed at FinovateFall in 2022.

Digital Conversion

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 2, 2019

While Serko claims to have deployed the world’s first digital human virtual assistant in the corporate travel market, other solution providers have deployed artificial intelligence and chat bot technology in the T&E space, too. Earlier this year commercial payments company WEX announced a partnership with AI.io

Bots

PYMNTS

OCTOBER 20, 2017

The company processed $24 billion in P2P payments during Q3 of 2017, a figure that is 47 percent higher than the same metric last year. PayPal also saw mobile payments grow by 54 percent in 2017, to a total of $40 billion. “It consumers today.”.

P2P

PYMNTS

JULY 1, 2019

To understand why, we need to do a little time travel back to July 2017, when Facebook’s Messenger and its monetization strategy was front and center in the company’s Q2 earnings report. In fact, on Facebook’s Q2 2017 earnings call , there were high fives all around for its Q2 results. Monetization strategy, however, has yet to click.

Bots

PYMNTS

SEPTEMBER 29, 2019

Dubbed Tod’s Factory, the new strategy was launched in late 2017 to reverse falling sales and refresh the group’s namesake brand. Like an IOU from the government, mini-BOTs would pay no interest and have no due date,” Bloomberg said in June. There would be no obligation for third parties to accept them.”.

Bots

PYMNTS

JUNE 29, 2020

billion such attacks between December 2017 and November 2019, 16.55 These credential abuse attacks come in a variety of forms, with some hackers choosing to overwhelm API defenses with simultaneous logins from a host of bots and others using more targeted techniques like phishing individual API developers and using their login credentials.

MFA

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

AUGUST 14, 2018

Since that late 2017 launch, the bot can work across 13 percent of all tasks, with a target rate of 40 percent. The chatbot had been announced for internal use via the global service desk, said the site. Amelia helps bank staff with passwords and tech-related tasks that are in turn tied to roughly half of IT staff-related tasks.

FinTech

PYMNTS

JANUARY 11, 2017

billion in 2017, the same as 2016 estimates. Both the PC and the computing devices markets could actually drop a bit in 2017, according to Gartner’s estimates, with mobile growth in emerging markets picking up the slack. If that isn’t enough to convince you anymore, Hub Bot sings, dances and has an adorable digital display face.

Bots

PYMNTS

MAY 24, 2018

Those bots include Aitheon Drive, which, reports said, is comparable to Google Drive and Dropbox. This type of [bot] technology is just surfacing,” he said in September 2017. Coinspeaker reported Wednesday (May 23) that the company announced six new digibots the company is ready to launch in beta phase.

Automation

PYMNTS

JANUARY 24, 2017

But since its addition comes as part of a greater push to increase user engagement, it seems more likely that the social network’s “chatbot” will fall into the latter camp as chatbots continue to be one of the hottest website additions into 2017. BoltFare’s bot tracks fares and notifies users when cheap flights are found.

Bots

PYMNTS

MARCH 22, 2020

Some top Facebook officials, such as Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Wehner, were quoted in the newly released documents as having communications as far back as 2017 where they seemed to know about the issue, although most of the quotes are redacted.

Duplicate

PYMNTS

JANUARY 22, 2019

When it comes to SMBs, more than two-thirds told Sage in a 2017 report that they expected technology to change the role of the small business accountant, with automated administrative tasks a highly anticipated (and largely welcome) shift coming to the space.

AI

Finovate

AUGUST 14, 2024

Founded in 2012 and headquartered in New York, Socure most recently demoed its technology on the Finovate stage at FinovateFall 2017. “This view arms companies with a proactive, first line of defense to detect sophisticated fraud rings and bot attacks.

Credential