Remove Compliance Remove Customer Experience Remove Digital Banking Remove Millennials
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Authentication: The Real Deal For Digital And Mobile App Banking

PYMNTS

Respondents say they go off-course too easily inside many banking apps – and during important tasks like opening accounts. The latest Entersekt Consumer-Centric Authentication Playbook , the third in the series, has the subtheme “The Path to Banking App Adoption.” Digital and Mobile App Banking Drivers.

Mobile 190
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Opening a bank account in the digital age

Accenture

I’m sitting in a cafe having a cup of coffee and sharing a muffin with my five-year-old, when I overhear two teenagers at the next table talking about banking, of all things. What they are specifically discussing is the Revolut account and how impressed they are with the overall customer experience and features (I’m paraphrasing a bit).

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Why getting digital banking right could prove vital in the Gulf

NCR

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. This is particularly true in the digital space, which is likely to be a key area of competitive differentiation in the years to come.

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Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

FICO

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. Yet along with digital adoption, FIs are also butting up against entrenched consumer thinking that creates security risks.

Survey 52
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Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

FICO

Statista research states that Millennials were the largest generation group in the U.S. Born between 1981 and 1996, Millennials recently surpassed Baby Boomers as the biggest group, and they will continue to be a major part of the population for many years. in 2019, with an estimated population of 72.1

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How Payments Security Drives Digital Transformation

PYMNTS

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Bank branches are at their lowest numbers in a decade, around 93,000, according to Jenkins. And there’s a huge land grab for mobile wallet space, so banks are trying to achieve a seamless customer experience.

Security 100
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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

Only about a third of banks’ apps ask for robust location data, said Briggs. But moving ahead, traditional FIs will have to adapt to, and adopt, geolocation data usage in order to “connect” the right “data dots” and deliver a safe, seamless customer experience. percent,” he said. The Disconnect. The Framework And The Friction.

Data 227