Remove Analytics Remove Fraud Remove Innovation
article thumbnail

Unveiling the Future: 5 Key Trends Shaping Financial Services in 2025

Perficient

The financial services sector is experiencing transformative changes driven by technological advancements and innovative trends. Additionally, the emergence of embedded finance and an increased focus on regulatory compliance are compelling financial institutions to continuously adapt and innovate.

Trends 221
article thumbnail

Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Their contributions are massive, and if you’ve ever worked with AML Officers and fraud professionals, you know just how vital they are. Every day, I’m reminded of the critical role the teams at our 2,500 bank and credit union customers play in anti-money laundering (AML), combating the financing of terrorism (CFT), and fraud prevention.

Security 221
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

In the August Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including how the pandemic is driving ATM innovation, how FIs are protecting both digital accounts and ATMs from potential fraudsters, and the new cybercrime-fighting techniques that are revolutionizing the digital banking industry.

Analytics 266
article thumbnail

How Top-Performing CUs Innovate With Data Analytics

PYMNTS

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. percent of CUs that did not focus on data analytics. For example, 91.7 Meanwhile, 80.6

Analytics 150
article thumbnail

6 Digital Banking Trends for 2025

Perficient

This will require being more inquisitive and innovative compared to previous years, as the adoption of AI and cloud technologies continues to expand. Banks can use advanced data analytics and AI to deliver highly personalized financial services, such as customized savings plans and tailored investment advice.

article thumbnail

AI Regulations for Financial Services: OCC

Perficient

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. He argued that well-designed checkpoints could help balance the need for innovation with necessary safeguards to prevent runaway growth.

article thumbnail

The evolution of AI & lending: Parallel journeys shaping the future

Abrigo

This article covers these key topics: The evolution of AI Lending: A legacy of data-driven innovation Generative AI in lending: The next frontier Abrigo's approach to AI Parallel journeys of AI, banking technology Artificial intelligence (AI) is often heralded as a revolutionary force in todays world, but its story stretches back decades.

Lending 221