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Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195
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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. million in March 2019. reaching a value of $102.9

Online 176
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FTC Releases 2019 Privacy and Data Security Update

CFPB Monitor

On February 25th, the Federal Trade Commission (FTC) released its annual Privacy and Data Security Update , which highlights the FTC’s activities during the past year.

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Deep Dive: How Online Retailers Kept Fraudsters From Having A Merry Little Christmas

PYMNTS

Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. retail sales occurred in the last two months of 2019, marking a year-over-year increase of 4.1 A notable $730 billion in U.S.

Retail 159
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FICO’s Take On Debit Security

PYMNTS

Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards. This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Card fraud is an ever-present threat.

Security 182
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The Evolution Of Digital Banking Security

PYMNTS

Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. beat analysts’ revenue and earnings estimates for the second quarter of its fiscal year 2019 amid a focus on data science. In addition, Stitch Fix Inc. Data: $370.3

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In 2019, Mobilize The Commercial Card: JPMorgan

PYMNTS

Researchers forecast virtual cards to power a 10 percent annual growth rate of the commercial card market through 2022, with virtual commercial card spend on mobile wallets expected to grow by 43 percent during that time, totaling $42 billion by 2022. We think 2019 will be a crucial year for this sector. ” Enhancing Security.

Mobile 211