Remove Banking Trends Remove Fraud Remove Millennials Remove Security
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How You Handle Fraud Will Make Millennials Drop or Love You

FICO

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. with “Security.”.

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Credit Unions Unite Behind Digital Banking

PYMNTS

There is a sense, however, that CUs themselves bear responsibility for falling behind the digital banking trends that first took hold with consumers. Improvements happening across the CU and CUSO spectrum indicate that they’ve gotten the message about digital banking, and they’re on it. Digital Unison.

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In Payments Fraud, Impersonation Gets Personal

PYMNTS

There also is the specter of payments fraud. In a recent report via Lloyd’s Bank, trends point toward growth in what is known as impersonation fraud, perhaps more commonly known as business email compromise. It’s on the rise, this fraud, up 58 percent year over year, said Lloyd’s. Ghosts in the (Corporate) Machine.

Fraud 101