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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

Otherwise, you are introducing a technology to a process that is broken to begin with and just automating it, so you are not getting the operational efficiencies and the pickup that you could potentially get out of it.”. Scotiabank’s Three-Pronged Innovation Strategy. I would say talent management is definitely top of mind.”.

Fraud 117
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Jo-Ann Fabric Focuses On Supply Chain

PYMNTS

More changes are coming at the top of Jo-Ann Fabric — mostly with an eye for bolstering inventory and supply chain management. Michael Goulder will be ascending to to senior VP of inventory management and supply chain. Goulder will report directly to Jo-Ann Fabric CEO Jill Soltau.

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Peter Kulik Innovation Award: How Auriga’s WWS is innovative

Bobsguide

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? Q: Finally, do you have any thoughts on upcoming ATM innovations and trends?

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Digital-only financial institutions avoid leveraging pandemic fears 

Bank Innovation

Being a branchless bank is part of who we are, but we don’t want to resort to scare tactics,” said Nicole Lorch, chief operating officer at First Internet Bank. The novel coronavirus may be closing bank branches nationwide, but some digital-only financial institutions are trying not to exploit consumer fears. The Fishers, Ind.-based

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Visa’s Kevin Phalen: Making The Case For B2B Payments’ Innovation Progress

PYMNTS

There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. Opaque payments moving sluggishly across borders and between banks. Rethinking the Infrastructure. That’s a pretty significant change.

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Bank product development becomes a ‘game of thrones’

Bank Innovation

In a revealing Meetup fireside chat yesterday evening, Alex Sion and Rachel Moore shared details on the inner workings of Citi’s internal innovation operation, known as D10X. Look no further than Citigroup to catch a glimpse of the future of bank product development.

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Banks boost VPNs to accommodate remote work 

Bank Innovation

Today, if you are not a frontline employee, you are working from home,” said Jason Shields, vice president and loan operations manager at Gulf Coast Bank, which is based in New Orleans. With the novel coronavirus forcing employees to work from home, banking technology and security infrastructures are being put to the test.?