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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Next, we’re observing a continuously increased focus on customer experience.

Trends 474
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Tax Season Adds Extra Fraud Weight For SMBs

PYMNTS

According to the latest research from Bottomline Technologies, businesses said the fraud threat is on the rise. Meanwhile, Forbes reported separate analysis from North Carolina State University warning that as pressure mounts for chief financial officers to hit their financial targets, they’re less likely to report fraud.

Taxes 164
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Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

PYMNTS

Fraudsters have unfortunately also carefully followed this payment trend, with skimming, prepaid card and ATM fraud all seeing upticks recently — especially in regard to debit transactions. Another study indicated that debit-related fraud is on the rise across the U.S. Around The Next-Gen Debit World. The report noted that U.S.

Fraud 155
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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

While many credit unions had already begun implementing digital technologies before the health crisis began, they were forced to radically accelerate their efforts after stay-at-home and social distancing protocols gave them little choice. It also offers participating CUs customized consulting services.

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Facial Recognition Can Be Hacked With Internet Images

PYMNTS

According to the report, during the Usenix security conference earlier this month, security and computer vision specialists at the University of North Carolina presented a system that used 3D digital facial models based on publicly available photos, coupled with mobile virtual reality technology, to infiltrate facial recognition systems.

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Deep Dive: The Fight To Stop Biometric Spoofing

PYMNTS

Technologies such as artificial intelligence (AI), machine learning, 3D printing and advanced sensors are double-edged swords: Biometrics developers can use these tools to improve their security methods, but fraudsters are just as likely to utilize them to crack defenses. Employing A Human Touch To Stop Spoofs.

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Chase Pay Demise And Gut Check On Lending Dominate Week’s News

PYMNTS

Among the stories we ran over the past few days is a deep look at the problems with Chase Pay, new information about AI fighting fraud, new research into the gig economy and subscriber churn, and a feature about the risks of online disaster relief efforts. Visa Debuts AI-Powered Fraud Fighting Tools. Trackers and Reports.

Lending 109