article thumbnail

AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

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.

Bots 71
article thumbnail

There’s A (Ro)Bot For That

PYMNTS

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.

Bots 64
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Fraud Attacks Rise 17% in Financial Services, Driven by Payment and Account Creation Fraud

Fintech News

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 143
article thumbnail

AI/BOTS: AI Bank Tech And Millennials

PYMNTS

Just last year, Pew Research Center’s research , which included data from the U.S. Having a malleable thought process when it comes to transforming an industry is something that banks will probably need in order to capture one of the arguably most influential up-and-coming group of consumers in the United States.

AI 78
article thumbnail

HKMA, BOT Team On FinTech Initiatives

PYMNTS

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.

Bots 51
article thumbnail

Could Amazon’s Bots Be The Next Hot Fashion Designers?

PYMNTS

Staff members at Amazon are reportedly researching how to design AI technology capable of identifying and reacting to fashion trends, according to MIT Technology Review. By tracking fashion trends, it is suggested the AI bots may eventually be able to predict and shape them in the future.

Bots 54
article thumbnail

AI/BOT: Digital Evolution Of The Enterprise

PYMNTS

Technology services and consulting company Infosys sought to peel back the curtain of today’s revolution in its latest research, Human Amplification in The Enterprise , on the digital transformation enterprises are undergoing. In this week’s AI/BOT news, we’ve seen a myriad of interesting developments.

Bots 51