article thumbnail

bolttech Partners with AWS to Deploy Generative AI Across Operations

Fintech News

These bots enable real-time, personalised responses to customer policy questions across both simple and complex inquiries. In terms of prediction, bolttech is using AI to enhance risk assessment and offer personalised insurance products, including real-time adjusted premiums based on driving behaviour for auto insurance.

AI 107
article thumbnail

Beyond KYC: How Technology is Transforming the Fraud Prevention Game

Fintech News

By monitoring how users interact with forms, their typing patterns and navigation behaviors, organisations can identify bots, automation and other non-human activities. These insights provide a dynamic, real-time view of user risk, making it possible to adapt defenses on the fly without disrupting legitimate transactions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sumsub Combats Fraud Networks in APAC With Upgraded Solution

Fintech News

This tool is designed to help businesses tackle fraud rings, account takeovers, chargeback fraud, and bot attacks. Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. said Vyacheslav Zholudev, CTO and co-founder of Sumsub.

APACS 108
article thumbnail

PCI DSS Checklist: Secure Your Business

VISTA InfoSec

Ensure Comprehensive Protection : Ensure that antiviruses can detect, remove, and protect against all malware types, including viruses, worms, Trojans, bots, and ransomware. Established Risk Assessment Processes : The organization must have established risk assessment processes in place to identify and mitigate security risks.

PCI DSS 130
article thumbnail

How to automate insurance underwriting

Nanonets

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. These include customer applications, financial records, medical reports, and external risk assessments such as geographic or weather-related data.

article thumbnail

Are You Ready for Agentic AI?

Finovate

Agentic AI customer service bots will also be proactive, and will be able to anticipate customer needs based on real-time data and past behaviors. Real-time risk assessment To reduce operational risks, Agentic AI can autonomously assess the organization and market in real time.

AI 105
article thumbnail

Why Mobile Rewards Programs Attract Fraud

PYMNTS

Chipotle attributed the April attack to credential stuffing, in which a hacker uses a bot to automatically enter usernames and passwords stolen from other websites to try to find matches. Chipotle has been using artificial intelligence (AI) and machine learning (ML) for risk assessment with human assistance when necessary.