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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

This rampant availability of users’ data makes it easier for bad actors to wreak havoc and commit fraud. She recently spoke to PYMNTS about how Scotiabank has revamped its fraud strategy in recent years. “I Scotiabank’s Three-Pronged Innovation Strategy. It is estimated that more than 4.1

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COVID-related fraud spike pushes banks, fintechs to innovate

BankInovation

The COVID-19 pandemic has accelerated the move toward digital banking platforms, but this has come with an increased risk for fraud. The lockdown has forced people to use digital banking channels for […].

Fraud 75
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New Digital Experiences Keep Credit Unions Relevant – And Then Some

PYMNTS

Dean Young, EVP and chief experience officer at PSCU, told PYMNTS that the company’s suite of digital solutions — now including digital issuance — “…has enabled our owner credit unions to effectively compete with big banks while maintaining the personal touch that sets credit unions apart from other financial institutions.

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How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences. Serving members means more than releasing products that align with the latest trends. Attracting Customers With Unique Brand, Financial Stability.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

03:04 pm Experian Fraud & Identity – https://www.experian.com/decision-analytics/identity-and-fraud/fraud-and-identity.html – @Experian – Adam Fingersh – GM and SVP, Fraud and Identity Solutions & John Sarreal. Demo: Bank application form. About to show use case on credit card fraud.

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37 Corporate Innovation Labs In Finance

CB Insights

One popular approach: in-house financial innovation labs. Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Financial institutions using it can decrease errors, fraud, and processing times while improving workflows.