Remove Banking Trends Remove Fraud Remove Regional Remove Security
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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. with “Security.”. In Millennial parlance, that’s “harsh.”.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

Intuit QuickBooks Director of Corporate Affairs Rob Burlison said the research “shows that small businesses are in danger of missing out on the massive benefits open banking could bring.”. “It still failing within the first five years, open banking is a great opportunity to help more small businesses in the U.K.

Fintech 132
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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.

Payments 172