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Meet Canadian Bank BMO’s Virtual Assistant BMO Bolt

Bank Innovation

EXCLUSIVE – Welcome BMO Bolt, Bank of Montreal’s virtual assistant on social media platform Facebook Messenger. The bot, announced today, was created in partnership with conversational banking technology company Finn.AI. This chatbot provides only unauthenticated information,Read More.

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Why AI Is Social Media Fraud’s New Best Friend

PYMNTS

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. Digital Evolution. Fraud Increases. trillion in 2018.

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SME Execs Would Give Up Wine for Guaranteed Protection of Financial Information

Bank Innovation

In fact, it is so high on their priority list, that 28% said they would give up wine forever if that would guarantee protection of their financial information. Furthermore, 37% of respondents would shut down social media accounts, and 31% […].

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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. Financial literacy is key critical.

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Check for Suspicious Email Registration through Episerver Commerce Framework

Perficient

You can refer to this link for more information about the response detail. EmailRep is a system of crawlers, scanners, and enrichment services that collects data on email addresses, domains, and internet personas. If the email address returns as suspicious, then set an error message to show on the create account page.

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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

It offers a glimpse into how the Menlo Park, California-based social media conglomerate will defend itself against federal antitrust prosecutors and members of Congress about its power and competitive behavior. Other technology giants including Google , Amazon and Apple are also facing probes.

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How Payment Platforms Connect Merchants With Augmented Reality

PYMNTS

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. The firm chose a Kenyan brand, Huddah Cosmetics , as the first social commerce merchant on its Mula service to roll out the platform.