article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

“We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In Looking even further into the future.

article thumbnail

Is Palm Authentication The Next Big Banking Trend?

PYMNTS

Fiserv is looking to transform the in-person banking experience into one that is both faster and more secure with the scan of a palm. It’s more secure, and our members and our tellers love it.”. Security is a big deal to our members,” Guynn added.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2023 Trends & Predictions

Javelin Strategy & Research

Banner Section Home Rss.xml 2023 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 40
article thumbnail

3 Ways to Keep Data Fraud From Sabotaging Digital CX in Banking

The Financial Brand

The post 3 Ways to Keep Data Fraud From Sabotaging Digital CX in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights. As the world becomes more digital, fraudulent activity will continue to skyrocket. Proactive steps can help prevent financial havoc.

Fraud 26
article thumbnail

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.”.

article thumbnail

Trends 2024: Bank Spending on RegTech Will Reach New Heights in 2024

The Financial Brand

This article Trends 2024: Bank Spending on RegTech Will Reach New Heights in 2024 appeared first on The Financial Brand. While overall bank tech spending remains flat, intensifying focus on security and fraud means that regtech will demand an ever bigger piece of the pie.

Trends 32
article thumbnail

Credit Unions Unite Behind Digital Banking

PYMNTS

That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits. There is a sense, however, that CUs themselves bear responsibility for falling behind the digital banking trends that first took hold with consumers.