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Payments 2016: The Year of Payment Innovation Via Predictive Analytics

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of …” eBook. Through Enova Decisions, we were able to innovate and optimize our operational payment processes by building and implementing our Smart ACH™ solution.

Analytics 110
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Enterprise Fraud Solution Buyers Want More Agility, More Data

FICO

65% of the respondents indicated that their companies plan to increase operational expenditure for fraud management anywhere from 5% to 20%+. Rounding out the top three concerns were preventing reputational damage from failure to tackle fraud (56%) and operational costs in monitoring/investigating fraud (51%).

Fraud 52
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Are North American Banks Ready for the Digital Identity Challenge?

FICO

Key to providing acceptable customer experiences is the way in which banks verify that applicants are who they say they are. Identity verification, required to prevent fraud and meet eKYC regulatory requirements, can also be the one that introduces friction and causes customers to abandon applications.

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Digital Banking: Integrate Your Data, Systems, and Processes

FICO

Following the highly successful The 11 Commandments of Digital Banking eBook , we are completing our series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Do the work for your customers; don’t pass the work along. compliance). Respect the data.

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How to Unlock the Power of Hyper-Personalization

FICO

Banks need insights that help them meet customers where they are in life. Insights that help them put the financial best interest of individual customers first, at the center of operation-wide decisioning. And finally, operationalizing the insights at scale to create bespoke, “in moment” customer experiences.

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