Remove 2024 Remove Cards Remove Fraud Remove Lending
article thumbnail

Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

However, some cracks are being seen now, particularly in areas like credit card debt, which may not have been main business lines but still impact us. My nephew has never written a check in his life and lives by his debit card and Apple Pay. It's crucial to prop up and align our future potential customer base."

article thumbnail

5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

The ThinkBIG 2024 conference is June 3-6 in Phoenix, Arizona, and with 99% of last year’s attendees saying they would recommend the conference to others, Abrigo expects another large crowd. The 2024 ThinkBIG conference offers two conference tracks along with larger general sessions that will set financial institutions up for success.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 Trends & Predictions

Javelin Strategy & Research

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45
article thumbnail

Modernize or Optimize? That Is the Core System Question

Gonzobanker

As Cornerstone Chief Research Officer Ron Shevlin concludes in What’s Going On In Banking 2024 , “Getting their core systems into shape has become either a nightmare or an impossibility for banks.” So GonzoBankers, there are “pull your hair out” days with core systems providers — we’ve been there too.

System 131
article thumbnail

What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

Such as direct lending funds, and insurance companies. Shadow bank lending is similar to bank lending but is not subject to the same regulations, and compensating deposit balace requirements. In 2019, the major credit card companies charged over $14 billion each year in late fees with an average charge of around $35.

article thumbnail

Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

article thumbnail

ISO 20022 For Banks – What You Need To Know

South State Correspondent

For example, ISO 20022 provides a set of messages (you can download HERE ) to handle ATM transactions, fraud, account names, and time periods. The standard defines the protocol for creating electronic messages and covers a variety of transaction types, including payments, securities, trade services, cards, and foreign exchange.

System 195