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CFPB seeking to hire technologists

CFPB Monitor

The CFPB is seeking experts in data science, software engineering, product design, product management, and user experience (UX). Use front-end, back-end, and full-stack engineering to develop and support new technical strategies that could help effectively protect consumers.

UX 78
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Four Things To Know About Balancing UX And Security In eCommerce

PYMNTS

In the end, the merchants, the banking system and the regulators will have to contribute before security is as strong as it can possibly be – and even then, it will never be perfect, Linden said. Technology must evolve to keep pace with cybercrime , and so must the processes through which payments are facilitated.

UX 116
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Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

Stories of improper conduct, and new regulations on data protection and privacy such as GDPR, continued to dominate the business headlines, moving from water-cooler conversation to “what about us?” Improve performance using a risk lens to enrich decision-making. Drive efficiency across risk & compliance processes.

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

This strategy makes sense, as younger clients are most open to trying new fintech products: about 60% of US bank customers say they are willing to try a financial product from a tech firm they already use, and that number rises to 73% for customers aged 18 — 34. ux to help target existing clients. Wealthfront.

Cards 71
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1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

Product engagement and maintaining a clean UX/UI. With the exception of Chime and Qapital, these fast-growing challenger banks have primarily launched outside of the US due to less stringent and fractured regulatory requirements for obtaining charters and licenses — which have enabled new tech companies to enter into banking.

Fintech 64
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Digital Banking Commandment: Respect Your Customers’ Data!

FICO

Using that data to create more meaningful, personalized experiences allows us to make better decisions and to understand more about each banking customer. Respect the fact that they’re sharing their data with you by using it to deliver a better customer experience. Respect the Data. You ask customers for a lot of information.

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Surprises from the Consumer Financial Decision Making Conference (Behavioral Economics)

Celent Banking

There are variations in how an issue is framed – the exact same words can be used to ask the same question, but the font, the background – any elements of the user experience – will also have an effect. These “UX” nuances matter, and refining the details of the user experience will be hugely important.