Banking 2020

AUGUST 27, 2015

One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them. According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses.

ATM 40

ATM User Experience Fraud UX 40

FICO

FEBRUARY 12, 2023

Here is an excerpt of his top ranking post: Credit limit management is regarded as a key driver to profitable portfolios. Overall exposure can also be managed by balancing income and exposure, with risk level typically used as a constraint. Make sure you understand where you are putting in friction and ensure that it’s deliberate.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Fintech Labs Insights

AUGUST 1, 2016

With the “always-on aggregation” and UX/UI of MX , the newly-launched Contextual PFM from Q2 is designed to make actionable financial insights a part of every customer’s mobile banking routine. Q2 demonstrated its Risk & Fraud Analytics platform at FinovateSpring 2011. Q2 + MX = CPFM.

Technology 12

Technology San Francisco Nebraska UX 12

Fintech Labs Insights

JANUARY 27, 2016

It’s a paradox that drives financial product managers and marketers crazy. How do you build a UX for consumers who say one thing, but do another? Solution: Provide simple-to-use deposit-fraud insurance for peace of mind. Welcome to the world of dieting and gym memberships. Fee opportunity? Absolutely. Transaction tracking.

UX 12

UX Examples Security Video 12

Gonzobanker

DECEMBER 20, 2019

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

MAY 1, 2018

Imagine being able to update a member on the status of a chargeback or fraud case? Another key component of the integration is that it will allow for a credit union to create and manage a member engagement score to assess the value of individual members. This is the closest UI/UX experience to the big banks we have seen.

System 86

System UX Data Tools 86

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. There’s nothing more Gonzo than a CEO who simply bleeds the soul of front-line relationship managers, and Brager could write a bestselling book on this topic. Goes to CSI.

Community 216

Community Fintech Industry Innovation 216

Fintech Labs Insights

FEBRUARY 15, 2016

Tags: B2B, consumer, compliance, sales, on-boarding, UX, Silicon Valley Bank (lender).

Company 12

Company Fintech New York City Comparison 12

PYMNTS

JUNE 4, 2020

That’s putting pressure on FIs at a time when they’ve already seen flash-fraud rates and chargeback disputes dramatically increase. That messaging also includes a pitch for apps as a way to better manage a card.”. Instead, they mostly provide a pre-paid card attached to a much slicker digital user experience (UX).

Mobile 141

Mobile UX Cards Payments 141