Remove Fraud Remove Innovation Strategies Remove Mobile Remove User Experience
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Deep Dive: How Loyalty Innovation Improves Member Relationships, Boosts Brand Awareness

PYMNTS

PYMNTS’ Credit Union Innovation Playbook found that nearly 50 percent of the 2,000 CU members polled said they want their financial institutions (FIs) to focus on loyalty innovations, such as rewards offerings, in-app coupons and card-based cash back programs. percent supported having their CUs innovate and 17.3

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Where Credit Unions Invest To Get The Best ROI

PYMNTS

This means CUs must be carefully attuned to member’s financial needs and the innovations they want most as CUs invest in new products and services aimed at improving the way members engage with their FIs. Most CUs strive to delive r a simple, personalized user experience. Auto lending is also getting an upgrade in the CU market.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Demoing – Bills for T-mobile – Brought in balance and due date. Provides mobile banking to banks and credit unions. They are introducing CrossCore – First smart plug in play fraud and identity platform. Showing mobile “pay with points” which I think is browser-based on the mobile phone. This happens a LOT.

Mobile 40
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How Innovation Priorities Are Evolving for FIs

PYMNTS

Fraud and security innovation has seen a slight decline, from 50.0 User experience (UX) will also experience significant increases in interest over the next three years compared to the past three. Meeting changing consumer behaviors was the biggest impetus for innovating data analytics (86.7 percent to 42.5

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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. FIS Global — FIS Innovation Lab. PWC — Center for Technology and Innovation (CTI).