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 52

Bots Account Takeovers Cybersecurity Credential 52

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 56

Bots Ransomware Blocks Credential 56

PYMNTS

OCTOBER 2, 2018

Underwood said that bots were a source of the price manipulation. The paper noted that crypto traders can create bots to manipulate prices or purchase them over the internet. ” He said that earlier this year, Virgil Capital lost money on ether trades due to a bot. Such is the Wild West of crypto.”

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Bots Cryptocurrency Digital Currency Scams 72

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.

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Bots Security Accounts ISOs 83

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.

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Bots Account Takeovers Mobile Payments Accounts 69

Nanonets

OCTOBER 5, 2023

A Zendesk Answer Bot, powered by Large Language Models (LLMs) like GPT-4, can significantly enhance the efficiency and quality of customer support by automating responses. We will build a bot to answer incoming Zendesk tickets while using a custom database of past Zendesk tickets and responses to generate the answer with the help of LLMs.

Bots 52

Bots API Database Posting 52

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 43

Bots Account Takeovers Cybersecurity Credential 43

PYMNTS

MARCH 25, 2020

The March edition of the Digital Fraud Tracker® explores recent developments, including the use of AI and ML to fight application fraud, the importance of separating good bots from bad bots, and the potential impact of the new coronavirus on the cybersecurity industry. Axos Bank on How to Separate the Good Bots From the Bad.

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Bots Cybersecurity Phishing Fraud Prevention 59

PYMNTS

MAY 15, 2019

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced on Wednesday (May 15) that they have inked a deal to collaborate to promote financial innovation. Under the MoU, the HKMA and BOT will work together to come up with innovative businesses, share information and experiences and jointly develop projects.

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Bots FinTech Cross-Border Central Bank 51

Payments Source

NOVEMBER 13, 2018

The massive number of fraudulent bot attacks on the payments ecosystem and financial services is compounded by the fact that many current data protection tools are not designed to detect this automated crime network.

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Bots Crime AI Payments 75

PYMNTS

SEPTEMBER 19, 2016

Bazillion Beings , a creator of bots driven by artificial technology, is out to prove that bots can actually replace simple applications. Through the creation of an “independent online life form” — or “Lifo” (life form) — artificially intelligent bots can deliver services to users.

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Bots Economy API Technology 66

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?

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Bots AI Finance Credit Cards 48

PYMNTS

JANUARY 12, 2019

The first of the new potential offerings is Bot Care, a healthcare robot designed for the elderly that is programmed to do things like offer medication reminders, health briefings and the ability to check vitals with a finger scan. The bot also offers yoga lessons, as well as the capability to make and send prescription refills.

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Bots Payments Authentication Authorization 71

PYMNTS

JANUARY 13, 2018

bot from “Lost in Space,” “WALL-E,” Johnny 5 from “Short Circuit,” R2-D2 (C-3P0 and BB-8) from “Star Wars” — popular culture is filled with robots we love. This week at The International Consumer Electronics Show (CES), the world got a look at bots both great and small with a wide variety of functions. The Retail (Ro)Bots.

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Bots AI Automation Product 64

The Payments Association

MARCH 19, 2024

Fintech company Unlimit has announced its entry into the Tanzanian market and received the Bank of Tanzania (“BOT”) licence, marking another significant step in its regional expansion. Read more

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Bots Security FinTech Payments 88

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. “This is such new territory for everyone.”

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Bots Compliance Accounts Automation 44

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.

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Bots Accounts Payroll AI 57

PYMNTS

APRIL 19, 2017

And from there, F8 took on a much more forward-looking tone — with AR/VR and bots playing the day’s starring roles. “If by David Marcus, Facebook’s SVP of Messaging Products, during his keynote remarks, Marcus announced that there are 100,000 bots on the platform, up from 33,000 in September, and 100,000 developers working on the platform.

Bots 42

Bots AI Innovation Addressing 42

Payments Source

AUGUST 16, 2017

A bot-powered wave is on the way, and some firms will adapt, others will simply perish. It will be survival of the fittest, writes Beerud Sheth, founder and CEO of Gupshup.

Bots 68

Bots Payments ISOs Digital Payments 68

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 54

Bots B2B Blockchain Use Case 54

Payments Source

FEBRUARY 15, 2018

billion bot attacks took place in 2017, a 44% increase in the attack rate over 2016. More than 700 million global cyberattacks and 1.7

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Bots 68

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 AI and the bot are major forces with which to be reckoned. Some retailers are using smart technology like AI and the bot to help mitigate store closures.

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Bots AI Fed Technology 71

The Paypers

OCTOBER 28, 2020

The 2020 Bot Landscape and Impact Report by Kount has revealed that bots are more widespread than expected, and 88% of companies find existing bot protection tools largely ineffective.

Bots 28

Bots 28

PYMNTS

DECEMBER 16, 2019

The attended bot from Jacada securely and safely logs agents into hundreds of owner credit unions’ digital banking platforms, taking away multiple manual steps from agents and significantly decreasing member hold times.

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Bots Credit Union Credit Union Service Organization Automation 54

PYMNTS

DECEMBER 27, 2016

Bots can order a personal pizza , book a flight to anywhere , stir up a cocktail recipe, ship last-minute holiday gifts , memorialize dead relatives and bring back infamous “Friends” characters, register voters to vote or get a new driver’s license and help check your bank account. But some bots don’t always do so well.

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Bots Laws Accounts Checks 61

Payments Source

APRIL 18, 2017

Large companies are starting to embrace bot technology, with Mastercard, MoneyGram and Western Union all announcing new services.

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Bots Visa Technology Payments 60

Finextra

MAY 9, 2024

The Bank of Thailand (BOT) recently released the report of its Retail Central Bank Digital Currency (CBDC) pilot project which it conducted on Giesecke+Devrient´'s (G+D) technology solution.

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CBDC Bots Central Bank Digital Currency 59

The Paypers

NOVEMBER 11, 2021

Seychelles-based cryptocurrency exchange OKEx has announced it has launched a bot feature for its users in India that assists in trading strategy.

Bots 28

Bots Cryptocurrency 28

The Paypers

SEPTEMBER 21, 2021

The Netherlands-based startup BOTS has closed its Series A funding round with EUR 13 million from venture capital firm Airbridge Equity Partners and a group of informal investors.

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Bots Security 31

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.

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Bots Treasury Governance Government 48

Payments Source

JANUARY 31, 2017

Messenger bots, an artificial intelligence-driven application, can respond to customer queries over social messaging platforms. Bot interactions attract a consumer who is engaged and interested in pursuing a transaction.

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Bots Transactions Payments Consumer 69

Payments Source

AUGUST 2, 2016

Bots have slowly begun to creep onto the online payments scene, and they could offer a whole new, simpler way to part with our cash.

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Bots Payment Gateways Gateways Payments 71

PYMNTS

JANUARY 3, 2019

The idea, according to the report, is to unleash the bot in office buildings and malls to deliver packages. The bot has a built-in camera and uses algorithms to get around and avoid obstacles in its path. Engadget noted the bot won’t enter the mainstream market anytime soon, and is more of a novelty at this point.

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Bots Economy Consumer AI 55

Payments Source

OCTOBER 29, 2018

DBS Bank is testing the Foodster bot for order-and-pay at restaurants through Facebook Messenger.

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Bots Payments 63

Payments Source

DECEMBER 12, 2016

In expanding its work with Facebook, American Express has introduced the Add a Card feature on its bot for Facebook Messenger.

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Bots Mobile Payments Payments 61

PYMNTS

MAY 10, 2017

And Amazon is good at dual-purposing its bots — using them to seek out competitors’ pricing data and to keep competitors in the dark about their own. Amazon, for its part, says that while it knows others are checking out its pricing with bots, it has made no changes to try and lock anyone out. Amazon’s blocking secret?

Bots 40

Bots Blocks Checks 40

Payments Source

JANUARY 9, 2017

Miami-based NovoPayment, a payment provider with broad reach in Latin America, has upgraded its platform to support corporate bots enabling consumers to conduct person-to-person payments and other transactions within Facebook Messenger, the company said in a Jan. 9 press release.

Bots 60

Bots Payments Transactions Consumer 60