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The Top 20 Deposit-Rich Industries for 2023

South State Correspondent

Increasing Deposit Balances and Profit Consider this case study – customer acquisition costs for a company that provides security guards and patrol services are about $8,000. The average security company has about $80,000 in deposit balances, while the average trade association has about $501,000 in balances.

Industry 195
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Can Retailers Push Back Against Surging Account Takeovers?

PYMNTS

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. The new capital will help fuel hiring and other growth, the company said. Fraud Case Study.

Retail 118
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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Digital Security. This continued to be a hot area with several deals including: TransUnion’ s acquisition of identity analytics provider Neustar Mastercard acquired digital identity provider Ekata Canapi Ventures invested in security/behavior analytics firm Neuro-ID The aforementioned DefenseStorm funding round.

Fintech 209
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Finastra and Visa announce global BaaS offering integrating Visa Direct

Bobsguide

Together, we are bringing benefits of our global network to thousands of banks globally, providing a wide range of new and existing case studies to clients.”. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.

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Demystifying AI for risk and compliance

Insights on Business

Some of the biggest applications of AI today in banking and finance are in front-end customer service like chatbots or virtual agents, or in the securities sector by identifying credit card fraud and helping to detect money laundering/creating digital trust, and lastly in the simple task of automating redundant processes.

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

Mobile devices enable fast and secure access to services, many of which are solely available online. Personal electronics manufacturer Samsung is also looking at mobile digital ID solutions with its Nexsign tool, which verifies users’ identities with biometrics, rather than easily breached or forgotten passwords and security questions.

Mobile 108
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Bank Shareholder Liquidity Matters

Jeff For Banks

Having Ciaran onstage with Laura as a case study added credibility to the presentation. Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth. Ten years after opening Suncrest did another $25 million raise led by p/e firm Castle Creek Capital LLC.