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2024 Trends & Predictions

Javelin Strategy & Research

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45
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Deep Dive: Why ML Plays A Key Role In Debit Issuers' Fraud-Fighting Strategies

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Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. Security challenges are mounting, too.

Fraud 273
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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

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This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6 billion by 2024. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.

Analytics 266
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Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

billion by 2024. That does not mean older verification methods are obsolete, however: Many companies still rely on knowledge-based authentication (KBA) methods like passwords or security questions, even in areas like business lending — where stringent verification is crucial. Another form of identity security is biometrics.

Online 144
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The CFPB section 1071 effective date

Abrigo

1, 2024, and report for the first time by June 1, 2025. 1, 2024, is the earliest compliance deadline. financing arrangements such as accounts receivable with a business providing goods or services) Public utilities credit Securities credit Incidental credit defined in Regulation B as exempt (e.g., What is a covered transaction?

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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Around The World Of Smarter Payments.

Mobile 220
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Banks Tap FinTechs For Remittance Overhaul

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In fact, cross-border payments are expected to reach $240 billion in value by 2024. For these transactions to run smoothly, however, communication must remain seamless and secure. The cards issued through the platform can be used as virtual or multicurrency travel cards and allow users to earn and cash in loyalty points.

Fintech 168