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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

As FIs have more customers using more forms of digital payments, defending against the dizzying array of scams will be crucial to their customer experiences, and potentially required for regulatory compliance. Buy-Now-Pay-Later Will Win on Customer Experience but Needs Enhanced Security. The P2P App Scam Crisis Will Not Go Away.

Fraud 52
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

They need to show their users how helpful they can be during the first-run experience while asking for a bigger commitment in the form of: trust. social security number (for tools like Robinhood and Credit Karma). It can burden users with excessive information and friction that ruins the user experience.

Tools 78