Fintech News

JULY 2, 2025

For example, a user with a long-standing email address linked to multiple online services and social profiles is far less likely to be a fraudster than one with a recently created, untraceable account. Behavioral biometrics further enhances this approach.

Fraud Prevention

Fintech News

JULY 31, 2025

Over the past decade, fintech has risen to prominence in Thailand, now accounting for a greater share of the country’s most well-funded tech companies than the sector used to, new data released by Tech in Asia reveal. Among Thailand’s nine top-funded tech companies this year, four are either fintech companies or offer financial services.

FinTech

Finextra

JULY 7, 2025

Together, software, banking and retail account for 38% of the global AI spend. Impact: Wealth 360 offers a next-gen personal finance experience: customers get a holistic view of finances across accounts and receive proactive advice (including sustainability insights) to improve their financial health and decisions.

AI

Finextra

JULY 14, 2025

A Cornerstone Advisors study showed digital banking users reached 77% of checking account customers in 2024, reflecting that digital adoption is at near-saturation among many demographics. Second, these bots leverage AI to handle multi-step requests that previously might have required an employee. These AI assistants (e.g.,

AI

The Fintech Times

JUNE 27, 2025

Agents cannot autonomously sign up for accounts, log in, or pay for the premium services and content they need to get tasks completed. Our platform, Agent Checkout, isn’t just a vision for agent-native commerce ; we’ve delivered the ecosystem, the protocol, and the partnerships to make it the default operating layer for autonomous agents.”

Authentication

Finovate

JULY 30, 2025

“The challenge isn’t detecting bots anymore, it’s distinguishing AI agents acting on behalf of good users versus malicious automation. The technology streamlines fraud team queries for different types of fraud detection circumstances such as “users who exhibit bot-like activity or are creating synthetic accounts.”

AI

Finextra

JULY 23, 2025

Dummy orders that are clearly marked for testing A simple internal market-making bot to generate trades A working order book that reflects live pricing movements This helps demonstrate the exchange engine in action. Even in MVP mode, your exchange needs protection from spamming, bot overloads, and abusive API usage.

Bots

Finextra

JULY 17, 2025

This can be an issue for financial organisations whose processes often need to take constantly updating data and documentation, like regulatory changes, into account. A trader’s bot assistant will be able to get an accurate answer to questions like “What’s the price and news on stock XYZ right now?” immediately.

AI

Finextra

JUNE 6, 2025

The company claims that the bot does the work of seven hundred full-time employees. Klarna has also partnered with OpenAI to launch an AI assistant. In its first month alone, it had 2.3 million conversations with customers, two-thirds of all dialogues. But AI isn’t the preserve of international market leaders.

BNPL

The Fintech Times

FEBRUARY 26, 2025

The advantages of such bots are as follows: round-the-clock support (which cannot be done by an employee), implementation of personalised banking services and offers, as a chatbot can send individual offers to each customer, thus improving the customer experience. . “Those AI agents can collaborate with each other or the human expert.

AI

Payments Dive

JULY 14, 2025

In a recent survey , 80% of consumers said it’s important to have their loan payment pre-filled with account credentials in order to minimize login struggles and manual entry. For many, the obstacles are clear: 42% struggle with remembering logins and account details, while 26% cite a lack of preferred payment options as a key barrier.

Payments

Payments Dive

JULY 16, 2025

Crone Consulting research shows that new account openings are 5% to 15% higher at banks that offer a peer-to-peer payment platform like Zelle compared to those that don’t, Crone said. Those major bank owners include JPMorgan Chase, the largest U.S. bank, Bank of America, Capital One, PNC Bank, Truist, U.S. Bank and Wells Fargo.

Zelle

Nanonets

OCTOBER 30, 2024

The platform offers template-based processing and supports various financial documents, making it particularly suitable for accounting and finance teams. IQ Bot AI-powered document processing with learning instances. IQ Bot integrates document understanding with RPA capabilities to enable end-to-end process automation.

Bots

Fintech Review

MARCH 13, 2025

Most automated systems get caught in short-term fluctuations, often executing trades without accounting for the broader market picture. AI-Driven Precision for GBP/USD Traders Trading GBP/USD means navigating frequent price swings, central bank influences, and institutional order flows.

AI

Nanonets

JULY 22, 2025

In theory, AI agents and RPA bots could handle countless tasks; in practice, they fail when fed messy or unstructured inputs. A typical RPA bot is essentially a rules-based engine (“digital worker”) that follows explicit instructions. In other words, an RPA bot needs a clean table of data, not a pile of documents.

Automation

Finextra

JUNE 17, 2025

The company’s e-commerce operations, which account for nearly 40% of U.S. These tools, including user-friendly trading bots and Double Agents that detect both bullish and bearish signals, empower traders to navigate AMZN’s volatility with greater confidence.

AI

Fintech News

SEPTEMBER 22, 2024

In 2023, the financial services industry continued to sustain the most automated bot attacks, with 1.8 the number of bot attacks in the sector decreased by 6% YoY. Automated bot attacks remained stable in 2023 compared with the previous year, though the targets shifted. Despite this high volume. of all cases.

Accounts

Fintech News

MAY 8, 2024

Visa has launched an AI-powered enhancement to its Visa Account Attack Intelligence (VAAI) solution, designed to combat the increasing number of account attacks facilitated by automated scripts and botnets. Visa reports that 33% of accounts targeted by enumeration attacks experience fraud within five days of the breach.

Bots

PYMNTS

JUNE 30, 2017

Sage’s accounting chat bot is expanding. The company said this week that its AI-powered chat bot, Pegg, will be available to companies in Canada next month, about a year after Sage first rolled out the solution. The bot can access information on outstanding accounts or track expenses, for instance.

Bots

PYMNTS

SEPTEMBER 19, 2016

Technology enthusiasts draw pictures on whiteboards showing bots as the new king of the stack, out-stacking the last great stack — apps, which sit on top of the next-to-last great stack — mobile operating systems, which sit on top of the next-to-next-to-last great stack — the web. So, what gives?

Bots

Payments Source

JUNE 16, 2019

As bots dominate new internet traffic, their ability to help crooks launch account attacks and exploit personal information has never been higher, says NuData Security's Robert Capps.

Bots

Payments Source

JANUARY 25, 2019

Due to growing consumer expectations for 24/7 digital access and real time decisions, some organizations such as financial institutions and merchants have reduced the more stringent manual application review processes in order to open accounts quickly, according to Michael Lynch, chief strategy officer at InAuth.

Bots

Payments Source

AUGUST 26, 2019

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.

Bots

PYMNTS

NOVEMBER 17, 2020

And Kount executive Gary Sevounts told PYMNTS in a recent interview that the frontline in that fight right now involves bots, those automated software apps that rapidly perform basic but often critical tasks. The reality of bots is that they’re pretty much in all areas of the customer experience and customer journey,” Sevounts said.

Bots

PYMNTS

JULY 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. Those who work in finance or accounting roles can use the RegalPay technology directly from their workstations.

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. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Small Business

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.

Bots

PYMNTS

JUNE 9, 2017

Since smart technology like AI and bots base their actions on how others interact with it, it’s constantly being fed new details on a rolling basis. “AI And therefore it also takes into account those learnings as it bids.”. AI and the bot are major forces with which to be reckoned.

Bots

PYMNTS

NOVEMBER 11, 2020

Kount , which works in fraud prevention and identity trust, has rolled out its new Event-Based Bot Detection solution, which will provide a more comprehensive level of security for eCommerce, according to a press release emailed to PYMNTS. And today, we’re taking the next step with Event-Based Bot Detection.

Bots

The Fintech Times

SEPTEMBER 11, 2024

Automated bot attacks on social media surged dramatically in the second quarter of 2024, according to AU10TIX ’s latest Global Identity Fraud Report. This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated.

Bots

PYMNTS

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. The bots are “largely operated by organized gangs of cybercriminals,” noted the report.

Bots

PYMNTS

MARCH 24, 2017

B2B FinTech is taking advantage of bot technology across use-cases, from SME banking to accounting. The company said this week that it is developing an eProcurement bot, deploying artificial intelligence, to enable streamlined accurate and compliance procurement processes.

Bots

PYMNTS

MARCH 26, 2020

Many cybercriminals rely on bots to conduct their schemes, leveraging automated data skimming programs that can overwhelm banks’ defenses through sheer volume. We like to think of [bots] like bacteria,” Raghu Valipireddy, senior vice president and chief information security officer at Axos Bank, told PYMNTS in a recent interview.

Bots

PYMNTS

MAY 3, 2017

Ever since Facebook made its big bot announcement in 2016, conversational AI (or chatbots) are all of a sudden everywhere — along with their promise to enable a smoother and more conversational way for a consumer to interact with a business. Emphasis on the word “promise.”. So what would?

Bots

PYMNTS

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. The bots are “largely operated by organized gangs of cybercriminals,” noted the report.

Bots

PYMNTS

JANUARY 25, 2019

San Francisco-based HostBooks is stepping into the small business (SMB) accounting software industry, announcing Thursday (Jan. “Being a CPA, I am aware of all the issues holding down the accounting industry,” said HostBooks Founder Kapil Rana in a statement. 24) that its solution officially launched over the weekend.

Accounts

PYMNTS

MARCH 5, 2020

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive.

Automation