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Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

FICO

But these can introduce friction into customer experiences in different ways, like forcing users to navigate out of an app to copy and paste a passcode sent by text message. To solve the problem, FIs must design and support experiences with the least number of “touches” that still offer strong protection against fraud.

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Who says you can’t save your way to prosperity?

Insights on Business

Banks have been closing branches at an unprecedented rate while cutting their workforces and delayering management. Delivering frictionless and engaging experiences, using both in-house data and social media to anticipate customers’ wants and needs. And yes – financial institutions may save their way to prosperity.

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PSA: Technology Is For Us Too, CTOs Aren’t the Only Ones with Tech in Their Budget

William Mills

Personally, I found two other findings more exciting because of how they validated what I have observed among my peers and clients: CMOs having added responsibilities that may include tasks falling within customer experience or sales, for example; and. CRM and relationship management. Content management. Social media.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

FICO

For FICO, customer development means working with customers through all the stages of the lifecycle – from marketing to originations to customer management. Transforming the Customer Experience: Telecommunications. Value of Customer-Level Management. Here are our top 5 posts from 2020. #1.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

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First-Party Fraud and the Hidden Drain on Revenues

FICO

Finally, while the relatively low volume of first-party fraud often reduces its priority, at many organizations it remains a significant profit drain that could be better managed. Whether your company is a bank, telco or a debt collection agency, it’s a challenge to balance crime prevention with customer experience.

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What Is First-Party Fraud?

FICO

Finally, while the relatively low volume of first-party fraud often reduces its priority, at many organizations it remains a significant profit drain that could be better managed. Whether your company is a bank, telco or a debt collection agency, it’s a challenge to balance crime prevention with customer experience.

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