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The fraud triangle: What it is and how to apply it to your customers

Abrigo

How can you put it to use at your financial institution? Banks and credit unions should consider teaching their staff how to use the fraud triangle to enhance their ability to shield customers from fraud. Would you like other articles like this in your inbox? The FTC received fraud reports from 2.4 But why exactly is that the case?

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CoPilot for Banks – 7 Steps Before Integrating Generative AI

South State Correspondent

While it is tempting to sign the contract for Copilot at a starting cost of $30 per person and distribute the technology bank wide, bank management should understand the greater context of the strategy and investment. This tight integration allows bankers to boost productivity, be more accurathave more creativity.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. 9) Brand Matters: SVB had one of the best brands in banking. 9) Brand Matters: SVB had one of the best brands in banking. SVB’s 43% LTD used to be talked about with reverence.

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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. The ThinkBIG panel gave several perspectives on how to approach credit quality and deposit stability. Read some hot topics discussed by the conference's opening panel.

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10 Big and Small Ideas From Gartner and Money 20/20 – Recap

South State Correspondent

Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. Most of the conversations at the conferences were around how to architect, execute, and attract/retain the required talent to pull these solutions off. Small Idea – It’s Our Kid’s Technology. cyber, infrastructure, and regulation.

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AutoGPT Will Change Your Bank

South State Correspondent

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. Tell it to text your customers as one of its goals, and it will sign up for a messaging app and send out a text.

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The Customer Experience: 14 Ways To Better Understand Your Bank Customer

South State Correspondent

Bankers often think from the bank’s perspective or from the regulator’s perspective. Not understanding your customer can lead to a brand and products misaligned with the customer’s needs resulting in an erosion of a bank’s competitive position. The customer experience is horrible for many bank processes.