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How to prepare for FedNow: 5 Steps for your financial institution

Abrigo

Takeaway 1 Implementing the FedNow Service can help reduce interbank obligations, expand market reach, and enhance customer experiences. Many of Abrigo's 2,400 community bank and credit union clients plan to incorporate the FedNow Service into their product offerings.

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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. An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster.

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Optimizing Resource Placement in Bank Deserts

FICO

As we stopped in a small town in southern Georgia it really struck me the lack of what many of us see as basic services - a few gas stations, a small hardware store, a real estate office, a couple of mom and pop restaurants, and that was about it. Southern Georgia is not alone in this growing trend.