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Solve This Problem with Your Strategic Horizon

South State Correspondent

and about an 80%+ return spent on reducing customer churn, increasing lifetime value and/or helping cross-sell. In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

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Three fundamental shifts in financial crime investigations

Insights on Business

I challenge that notion, and also present three key ways that the new approach to financial crime and compliance management moves away from the current, endless Sisyphean cycles and is a fulfillment of what many of your existing solutions promised: a better approach. Webinar: AML Compliance comparison and effectiveness.

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Why The SCA Delay Is Both An Opportunity, Challenge

PYMNTS

Within that window, both have laid out specific deadlines for various industry players to reach full compliance by the end of the migration period. Hungary, by comparison, has announced a shorter time frame than the U.K. The starting point for SCA compliance is with the issuing banks, Bayliss pointed out.

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5 Steps to Stop Identity Fraud and Improve the Digital Experience

FICO

But, taken too far, having too many controls makes for a frustrating experience that can drive customers away. How can banks deliver unified experiences across multiple channels, with the right amount of friction, to navigate the fine line between fraud reduction and customer experience?

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High Revenues, Low Margins An Opportunity In X-Border Corporate Payments

PYMNTS

The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion. ” In large-value corporate global payments, squeezed foreign exchange margins, cyber risks and compliance burdens have bared their weight on revenues and, as a result, on the ability to innovate.

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Got Enough Fraud… Models That Is?

FICO

They observe customers’ behavior, survey their preferences and maintain a working knowledge of fraudsters’ evolving tactics. The goal is the same for everyone —minimize fraud losses while effectively balancing customersexperiences and operational expenses. Fraud Models – Five keys to finding the right fraud score.

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Open Banking Demands an Enterprise Fraud Strategy 

FICO

In comparison, 2018 saw 66.8 As customer adoption to open banking accelerates across the UK and Europe, there is no better time than now to pause and make sure all the necessary controls are in place for the continued growth, including an enterprise fraud strategy. . It requires a different mindset about customer experience.

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