Remove Customer Experience Remove Fraud Remove Knowledge Base Remove Technology
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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. Next, we’re observing a continuously increased focus on customer experience.

Trends 474
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure

PYMNTS

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. Data and Authentication Frustrations. Biometrics and Onboarding.

Security 133
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Biometrics And Beyond For Call Centers

PYMNTS

The latest Call Center Commerce Tracker looks at how call centers are using artificial intelligence (AI) and biometrics to keep customers satisfied and safe, as well as new voice and visual trends. Three-fourths (76 percent) of call center leaders felt confident that they could prevent ATOs without diminishing the customer experience.

Tools 149
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TD Bank On How AI, MFA Are Changing Call Centers

PYMNTS

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts. Many customers still like the convenience of KBA tools, however, which is why Lindsay Sacknoff, head of U.S.

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Outfoxing The Cyberfraudsters In Real-Time With Live IDs

PYMNTS

A large number of banks and online sites still rely on knowledge-based authentication. The template-matching algorithms embedded in the Face Match technology automatically, [and] repositions the photo ID within the template frame by making necessary modifications in photo size or position. You know the ones.

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User authentication: Where should it go from here?

NCR

The upside of this is increased convenience and a stronger customer experience , but the downside is a wider range of potential attack vectors for criminals to exploit and banks to defend against. As the Javelin research suggested, one technology that holds a lot of potential is biometric authentication.