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

FICO

If your company is a bank or a card provider and you’re wondering how make Millennial customers happy and retain them, you don’t need to run out to hire a very expensive consultant, or launch a huge advertising campaign. with “Security.”. 25% of Millennials will write a negative post on social media about a fraud incident.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” ” These pre-crime events including emails, SMS, logins, website clicks, social media, banker conversations, and call center inquiries. It is likely that regulators will soon ask banks to come up with a plan.

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Foolhardy Predictions for 2016

NCR

To be clear, the benefits are beyond obvious: The entire process is extremely convenient, highly secure and ridiculously easy. Technology security gets so much coverage that it’s become almost a cliché. This option is arguably even more secure than the fingerprint alternative.

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