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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

With 142 presentations and panels, the content was tailored to the needs of every bank interested in payments. The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders.

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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. In Millennial parlance, that’s “harsh.”. with “Security.”. Census data.

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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. For example, is application fraud or suspicious behaviour being flagged up accurately?