Remove Customer Experience Remove Events Remove Fraud Remove social media
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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” One material forthcoming impact will be efficiency improvement in payments.

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What Is First-Party Fraud?

FICO

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. by Matt Cox.

Fraud 52
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7 Rules To Improve Total Experience Using the “Time-on-Task” Methodology

South State Correspondent

While these rules were derived from improving time-on-task, they can enhance bank performance no matter what metrics a bank uses for customer, employee, or total experience (the combination of employee and customer experience). Design or pick the fastest customer experience. The result? The result?

Policies 195
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First-Party Fraud and the Hidden Drain on Revenues

FICO

For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. Perhaps surprisingly, consumers sometimes use their own personal information to commit fraud. Both of these crimes are first-party fraud.

Fraud 52
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How ‘Data Exhaust’ Separates Legitimate Customers From Synthetic ID Fraudsters

PYMNTS

Synthetic ID fraud can be especially hard to spot. Using real credentials lends authenticity to these schemes and allows them to elude many fraud detection systems, and cybercriminals can avoid tipping off victims by not using pilfered identities wholesale. Reducing false positives thus requires FIs to dig deeper for more insights.

Data 146
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Fraud Prevention. And all release a new episode at least monthly. Would you like other articles like this in your inbox?

Community 195
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Identifying Good Customers, One Mobile Device At A Time

PYMNTS

The firm’s gMobile solution, which helps authenticate users and delivers real-time risk analysis across mobile channels, debuted late last year, and McAlear said that the platform “enables delivery of a frictionless customer experience, requiring no additional customer input, scripting or burdensome software downloads.”

Mobile 100