Remove Customer Experience Remove Fraud Remove Presentation Remove User Experience
article thumbnail

How ?Adaptive? Decisioning Helps Issuers Stop Treating ?Good? Customers Like Fraudsters

PYMNTS

For merchants and financial institutions (FIs), the “new normal” of commerce — done increasingly online — means that battling fraud is a bit like feeling an elephant. Unfortunately, this current environment presents some of those opportunities.”. Adaptive Is Better Than Static.

Fraud 208
article thumbnail

Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

In the August edition of the Payments And The Platform Economy Playbook , PYMNTS examines how marketplaces are using technologies such as artificial intelligence (AI) and mobile payments to innovate the customer experience. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

The digital players are working to differentiate based on stronger customer experience features and tight integrations in areas such as financial health, data-driven marketing and fraud/security. Demand concrete evidence for each feature, use case and integration presented by a provider. Don’t be sold on vaporware.

article thumbnail

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

PYMNTS

Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. New account fraud is a significant problem for FIs, with 48 percent of values generated from fraud attempts coming from accounts that have only been open for one day, according to a recent report.

Security 133
article thumbnail

Password Security. An End of an Error.

PYMNTS

Overview: Join Hannah Preston, Solution Strategist, Payment Security Division, CA Technologies and Karen Webster, CEO, Market Platform Dynamics, on Thursday, March 30th, at 1:00 PM (EST), to learn how authentication is evolving; how it could transform your security and user experience; and how you can tackle the choices and consequences.

Security 100
article thumbnail

Retail Gets Even More Personal As The Year Winds Down

PYMNTS

As Stephane Wyper, SVP for new commerce partnerships at Mastercard, told Karen Webster in a recent interview, the partnership will personalize selections for consumers as they pull up to a dynamic menu board that presents the most relevant choices, where they can place their orders using voice technology. “We Bigger AI Role.

Retail 131
article thumbnail

Customer Identity Management - Six Focus Areas in the Era of COVID-19

FICO

But the move to digital channels comes with the responsibility to protect both customers and organisations from fraud. Customer experience. There is a fine balance to be struck between managing ID security and offering customers an acceptable experience. Retaining customer trust.