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

FICO

Millennials reward positive fraud outcomes. FICO’s latest research on consumer banking trends has revealed that 22% of US consumers will close an account after a fraud incident, while 29% of Millennials will close all accounts with that bank. Data was weighted by age and region to reflect U.S. Census data.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

still failing within the first five years, open banking is a great opportunity to help more small businesses in the U.K. Although SMBs may not be aware of the technological business models behind it, the open banking trend is expanding in the U.K. Eika Group, EedenBull Team for Banks. “Cash flow remains the No.

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How Middle Eastern Merchants Can Keep Up With Pandemic-Driven Privacy, Payment Shifts

PYMNTS

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The region’s financial institutions (FIs) and merchants have needed to work swiftly to support unprecedented levels of digital payment and shopping growth.

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Top 5 Customer Development Posts of 2021

FICO

The most popular posts in our Customer Development category dealt with credit card payments, open banking, trends for financial services and small business lending — as well as FICO’s listing as a top risk management firm. The US is currently trending towards exceeding Canada for percentage of accounts missing two payments.