Remove Cards Remove Customer Experience Remove Knowledge Base Remove Security
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10 Questions Banks Should Ask About Their Digital Account-Opening Capabilities

Perficient

When customers can apply for the Apple Card, for example , and receive approval and begin using it in minutes, patience with financial institutions that take longer will wear thin. How clear is the guidance we provide prospective customers? Have we optimized our know your customer (KYC) procedures for digital account opening?

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Outfoxing The Cyberfraudsters In Real-Time With Live IDs

PYMNTS

Among the front row seat observers in the battle for payments security is Stephen Stuut, CEO of online mobile payments and identity verification company Jumio. A large number of banks and online sites still rely on knowledge-based authentication. We also keep a close eye on emerging cyber threats and data breaches. Guess what?

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User authentication: Where should it go from here?

NCR

User authentication has been a chief security concern for financial institutions (FIs) for many years, and is arguably more pressing today than it has ever been before. It should be remembered that, like any new security technology, biometrics could raise its own unique questions and concerns.

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How to Win Fans and Influence Profits: Using Digital Transformation to Achieve Hyper-Personalization

FICO

Customer centricity refers to the reengineering of people, processes, and technology, encircling the customer at the center. This degree of hyper-detailed customer insight creates the perfect conditions for a life-long, mutually beneficial, win-win lifecycle. No need to tell them it came from knowledge base full of algorithms.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

To get the customer, they offer a rewards program which is 1% rewards. Credit cards offer rewards but over 60% of payments are made on debit cards. Demo: Sezzle app with knowledge based authentication to link bank accounts. It’s all done through the smartphone, with bank-level security. JC Ramey (VP, Bus.

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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. The technology is a bot that helps with dispute acknowledgment, case opening, resolution, and closure by invoking policies, procedures, history, and knowledge bases.

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Finovate Debuts: Daon Brings Security and Convenience to Mobile Authentication

Fintech Labs Insights

. “Last year, a Javelin report said that there was $9 billion lost due to card fraud. So do we have a security problem or a convenience problem?” ” “As a security professional I’ve always been told you can be secure or you can be convenient but you can’t be both,” White said.