Remove 2023 Remove Compliance Remove Customer Experience Remove Security
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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

In the banking industry, RPA is being used to automate a wide range of processes, from loan origination and account opening to back-office processes, such as compliance and accounting. Blockchain technology is being used to create secure, decentralized ledger systems that can store and transfer data in a transparent and secure manner.

Trends 474
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In 2023, we expect to see this response exaggerated and heightened. Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. million this year and 94.4 million in 2024.

Industry 471
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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

5 Ways Digital Payments Will Change FIs and Fraud in 2023. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023. But I’ll still weigh in with prognostications for 2023. Buy-Now-Pay-Later Will Win on Customer Experience but Needs Enhanced Security. FICO Admin. by TJ Horan.

Fraud 52
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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning

PYMNTS

Banks are increasingly embracing new channels to offer seamless omnichannel services to their customers, but doing so often creates silos that handle large amounts of collected data. Fraud orchestration can help solve this issue as it allows banks to build holistic fraud prevention defense systems and gain 360-degree views of their customers.

Fraud 131
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The State of Responsible AI in Financial Services

FICO

Wed, 01/18/2023 - 22:50. Having worked closely with business leaders in banking and financial services for decades, I have a deep respect for their rigor in achieving regulatory compliance in a multitude of areas. In pondering the regulatory and compliance horizon for 2023, the American Banking Association noted: .

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How to Fight Telecommunications Subscription Fraud

FICO

Data sharing for these purposes should be non-competitive: fraud is everybody’s problem, but still relies on a common definition of what data to share, where to securely host the data, how regularly it should be updated and what mechanisms are available to access the consortium data.

Fraud 52
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The 2023 GonzoBanker Awards

Gonzobanker

While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. He passed away in January 2023. What a year.

Fintech 195