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5 payments trends you should know about

Independent Banker

The payments landscape is evolving, and customers’ needs are changing. Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. Chris Doyle, Texas First Bank. Quick Stat.

Trends 140
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Real-Time Payments Are Reaching A Tipping Point

PYMNTS

But this has been the domain of larger financial institutions, especially when community banks and credit unions are included. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks. Security as an Added Benefit.

Payments 167
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For Credit Unions: Trust, But Innovate

PYMNTS

In some ways, the average credit union customer is very much like the average customer of any financial institution. Credit union members want a state-of-the-art banking experience with their institutions,” he said. Everyone wants things faster and more convenient, but at the same time they also want security.”.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” BankTalk BankTalk by Remedy Consulting posts twice-a-month episodes for both banks and credit unions. Fraud Prevention. Financial Businesses. Learn More.

Community 195
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Body Armor

Independent Banker

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Banks just can’t put something out there if every customer can’t do it.”.

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Body Armor

Independent Banker

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Banks just can’t put something out there if every customer can’t do it.”.

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Podcast: How Voice Biometric Authentication Improves Bank CX

ABA Community Banking

On the latest episode of the ABA Banking Journal Podcast, CEO Brad Paige talks about "the first security enhancement that we've done that actually improved the customer experience." The post Podcast: How Voice Biometric Authentication Improves Bank CX appeared first on ABA Banking Journal.