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Thailand’s BOT Governor Search to Start Next Month

Fintech News

The transition comes at a critical time, with Thailand facing economic challenges and policy tensions between the government and the Bank of Thailand (BOT). By law, the panel must submit a shortlist of candidates at least 90 days before the current governors term ends.

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European Regulators Expand Scrutiny On Data Practices – And Bots

PYMNTS

It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing. And beginning earlier in the month, new laws seek to tackle “rogue traders and online tricksters,” as denounced in a statement by Vera Jourova, the EU’s commissioner for values and transparency. That applies, too, to online ticket sales.

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Italy Considers Mini-BOTs To Pay Gov’t Vendors, Igniting Debate

PYMNTS

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. Law requires payment within 60 days, reports noted. ” Euro Fears.

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Chatbot Tracker: Could Bots Be Too Helpful?

PYMNTS

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.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

.” It’s also important to note that, while technology like AI can guide businesses toward valuable financial insights, human intervention remains a key component in areas like tax compliance (in cases like interpreting tax law) and financial forecasting, he said.

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Using AI And Biometrics To Digitize Estate Planning

PYMNTS

New York-based Fenergo is just one example: the firm is deploying what it calls Paycheck Protection Program (PPP) bots to collect and sort application data and coordinate it with financial institutions’ (FIs’) native loan application processes. For more on these and other digital identity news items, download this month’s Tracker.

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NYC Officials Want FedEx’s Delivery Robots Off The Streets

PYMNTS

Though FedEx told reports that its SameDay Bots, Roxo, were in NYC simply for a preview party, that didn’t stop NYC Mayor Bill de Blasio from tweeting that FedEx never obtained permission to deploy the robots. He also criticized the company for using a bot to perform a task that a New Yorker could do.

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