Remove Automation Remove Bots Remove Fraud Detection
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AI x Payments: From Fraud Detection to Hyperpersonalised Checkout

Finextra

What began as a tool for basic automation has evolved into a powerful intelligence layer, quietly reshaping how we fight fraud, route transactions, and deliver seamless, personalised payment experiences. Real-Time Fraud Detection: Defence at Machine Speed Traditional fraud systems rely on static rules and after-the-fact analysis.

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Zycus Expands Procure-To-Pay Automation With AI

PYMNTS

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.

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Zycus Rolls Out AI Bots For AP Automation

PYMNTS

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. Its technology also includes a supplier portal and an eInvoicing offering.

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Automated Bot Attacks Surge on Social Media in 2024, AU10TIX Reveals

The Fintech Times

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.

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What is intelligent process automation?

Nanonets

The digital era has brought about an immense shift in the way businesses operate, with automation becoming a key driver of efficiency and productivity. What is intelligent process automation? Intelligent process automation replicates human activities and can even improve them over time.

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Banking on Intelligence: The Global Sprint to AI Maturity in Finance

Finextra

Even regional and mid-sized banks have started deploying AI for automation and analytics. On the risk and operations side, common uses include fraud detection, anti-money-laundering pattern detection, credit risk scoring and trading optimization. About 64% of U.S. Bank of America’s Erica chatbot). In summary, the U.S.

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AI/BOTS: AI Bank Tech And Millennials

PYMNTS

They crave automation, transparency, and personalization. Through fraud detection, banking chatbots and algorithmic trading, artificial intelligence is turning out to be more than just another random piece of technology. Millennials especially want to use technology that empowers them to better manage their lives,” Taylor said.

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