Bots news and trends

X’s ‘Not a Bot’ Program Charges Newcomers $1 a Year
Subscriptions // October 18, 2023

Would you pay $1 a year to use Twitter? The social media platform, now calling itself X, is hoping new users will say “yes” as it attempts to ferret out bots. The company’s “Not a Bot” program, announced Tuesday (Oct. 17), includes a subscription component for new members...

Why Charging Twitter Users Per Tweet to Deter Bots Is DOA
Payment Methods // November 02, 2022

How much would you pay to be allowed to make a post on Twitter? That is a question that was raised, somewhat indirectly, by the chief strategy officer of the world’s largest cryptocurrency exchange Binance, which kicked in $500 million to Tesla CEO Elon Musk’s buyout...

LinkedIn Faces Flood of AI-Generated Fake Profiles
Security & Fraud // October 05, 2022

Fake LinkedIn executive profiles are creating an issue for the business networking site, a report from KrebsOnSecurity said. The fake identities, pairing AI-generated profile photos with text from legitimate accounts, have made for trouble for corporate HR departments, and those which work with invite-only groups...

Zycus Rolls Out AI Bots For AP Automation
B2B Payments // July 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. The bots use optical character recognition (OCR), natural language process (NLP), and self-learning...

Interviews & Exclusives
Why Charging Twitter Users Per Tweet to Deter Bots Is DOA

November 02, 2022
How much would you pay to be allowed to make a post on Twitter? That is a question that was raised, somewhat indirectly, by the chief strategy officer of the world’s largest cryptocurrency exchange Binance, which kicked in $500 million to Tesla CEO Elon Musk’s buyout of the social media platform. It came at the confluence […]

When The Text Message From The Bank Isn’t From The Bank

December 19, 2019
In business – and especially in financial services and banking – trust is built up over decades, and can be destroyed in an instant. And trust, as has been well-documented,...

OfferUp’s General Counsel On Keeping Marketplace Shoppers Safe From Scammers

October 30, 2019
Online tools are saving customers time on acquiring goods and services. Unfortunately, these tools are also saving time for fraudsters, who are seeking to acquire those customers’ funds. Shoppers can...

What Happens When Marketplaces Use Humans To Deliver Customer Service

June 17, 2019
You know the old adage: a customer who has a bad experience with customer service does not need to be motivated to communicate with others about it. Quite to the...

Quick Reads
Visa: Bots Drive 90% of Stablecoin Transactions

May 06, 2024
Bots account for a vast majority of stablecoin transactions, recent Visa research shows. Fewer than 10% of these transactions come from genuine users, according to a new metric from Visa and Allium Labs, showing that just $149 billion of the $2.2 trillion in total transactions last month came from “organic payments activity.” The findings were flagged in a report Sunday (May 5) […]

X’s ‘Not a Bot’ Program Charges Newcomers $1 a Year

October 18, 2023
Would you pay $1 a year to use Twitter? The social media platform, now calling itself X, is hoping new users will say “yes” as it attempts to ferret out bots....

LinkedIn Faces Flood of AI-Generated Fake Profiles

October 05, 2022
Fake LinkedIn executive profiles are creating an issue for the business networking site, a report from KrebsOnSecurity said. The fake identities, pairing AI-generated profile photos with text from legitimate accounts,...

Flex Drivers Use Bots, Apps To Get Amazon Work

February 10, 2020
Many gig economy workers will do anything to stand out and get ahead of others engaged in their side hustles as significant changes to nearly every aspect of traditional work...