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

Finextra

Source: Google Cloud press release / 2023 Generative AI now promises to make these bots more conversational and powerful. For instance, UK Finance (the industry trade body) released reports in late 2024 on “Generative AI in action,” encouraging banks to responsibly adopt GenAI and sharing best practices.

AI
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Why Every Development Team Needs a Code Review Strategy

Fintech Weekly

Best Practices for Internal Code Reviews Even if you don’t engage a third-party provider right away, you can still implement a solid review framework internally. Here are some practical tips: Set clear guidelines: Define what to look for—naming conventions, architecture, performance, security, etc.

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Deep Dive: How FIs Can Keep Their Digital-First Innovations Secure

PYMNTS

Banks have reported myriad fraud threats over the past year, including various forms of identity fraud and bot activity, and are working overtime to develop countermeasures. Bot activity is the third major threat banks faced in 2020. utilize unique passwords for each of their accounts, for example.

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Chatbot Tracker: Are We Waiting For A Chatbot Hero?

PYMNTS

There are a slew of best practices listed on the internet, but what does “best practice” even mean? Some question the sturdiness of chatbots.

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The Money-Mover That’s A Money-Mentor, Too

PYMNTS

Technically they’re still questions for a financial adviser, but nowadays that adviser may be a bot. Oren believes it’s not enough anymore for banking bots to answer basic questions or perform basic tasks. If not, can you help me save for one?”. These questions were once reserved for financial advisers.

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Application Fraud – From Identity Theft to First-Party Fraud

FICO

Fraudsters use technology to implement bot net attacks that allow rapid exploitation of fraud control weaknesses before they are fixed. There will be interviews with respected fraud and security practitioner, who will give their thoughts on best practice strategy and operational frameworks. The Fraudsters Are Ready.

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Facebook?s Workplace Launches Workplace For Good To Support Nonprofits, Schools

PYMNTS

Among the features, nonprofits and educational institutions will be able to access video chat, a news feed — whereby staff can share information and comment on it — and bots, which automate some of the work these two groups need to get done.