Perficient

FEBRUARY 22, 2023

AI is increasingly being used to automate a variety of tasks in financial services institutions, including customer service, fraud detection, and loan applications. Next, we’re observing a continuously increased focus on customer experience. We’re observing the banking industry’s growing use of RPA.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

Conference 221

Conference Las Vegas Fraud Data 221

PYMNTS

APRIL 22, 2020

Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. New account fraud is a significant problem for FIs, with 48 percent of values generated from fraud attempts coming from accounts that have only been open for one day, according to a recent report. Biometrics and Onboarding.

Security 133

Security Data Fraud Tools 133

PYMNTS

SEPTEMBER 5, 2019

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts. Many customers still like the convenience of KBA tools, however, which is why Lindsay Sacknoff, head of U.S.

social media 116

social media Tools Fraud Knowledge Base 116

PYMNTS

SEPTEMBER 5, 2019

The latest Call Center Commerce Tracker looks at how call centers are using artificial intelligence (AI) and biometrics to keep customers satisfied and safe, as well as new voice and visual trends. Three-fourths (76 percent) of call center leaders felt confident that they could prevent ATOs without diminishing the customer experience.

Tools 149

Tools Knowledge Base Google Technology 149

PYMNTS

SEPTEMBER 22, 2017

A large number of banks and online sites still rely on knowledge-based authentication. This was] partly due to the steps involved in mapping the digital identity of the customer to their real world identity. We believe that customer verification processes should do more than just meet the letter of the law.

Innovation 140

Innovation Knowledge Base Online Mobile 140

NCR

DECEMBER 20, 2017

The upside of this is increased convenience and a stronger customer experience , but the downside is a wider range of potential attack vectors for criminals to exploit and banks to defend against. ” So what is the future of authentication?

Security 77

Security Knowledge Base blockchain Analysis 77