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How Axis Bank Prevents Identity Fraud With Video-Based Onboarding

PYMNTS

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. We’ll see more and more [of this] action as digital [banking] progresses.”. Fraud Threats To Digital Banking.

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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

Fifty-two percent of SMBs predict business payments will be digital within the next five years , said Bank of America, while mobile phones are used by nearly all small business owners today – 89 percent say they use smartphones and other mobile devices to manage their business and operations like basic tasks, digital banking and digital payments.

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Not Down For The Count, Cash Still Counts For Plenty

PYMNTS

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192
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ANZ and Deutsche Bank tell it like IT is

Chris Skinner

He knew when he took over the bank was a basket case, tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering.

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AutoGPT Will Change Your Bank

South State Correspondent

It AUTONOMOUSLY decided that it was not going to reach the $2mm goal and then came up with the following action set that it executed: Alone, it figured out that it needed a clearer call to action, personalization of the email to improve performance, highlight case studies/testimonials and create a limited-time offer to drive a sense of urgency.

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Taking on Fraud: Part One

ZootBlog

This is the first in a two-part series as we look more deeply at fraud concerns and best practices for managing this ever-changing threat. In early February we saw the shocking $81 million heist from Bangladesh’s central bank. Fraud doesn’t discriminate; meaning banks aren’t the only target.

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Financial Brand Forum 2018: 7 Takeaways in 7 Minutes

Gonzobanker

Even safe deposit boxes might go away with digital documents,” he said. Banks should engage customers digitally and write about “helping customers with their taxes or something [valuable]… earning the right to promote.” 360View CRM was also back with a massive booth and entourage talking up its new product.

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