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Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.” Go the extra mile.”.
And as banks and mobile providers have taken tech in hand to battle CNP, fraudsters have plied their trade through other means. As we noted in the recent DigitalBanking Tracker, the CNP fraud has taken a leg down in favor of fraud that looks to snag credit card numbers. When chip and PIN came out, the bad guys moved to CNP.
THE BANKING AWARDS. GonzoBanker of the Year – The Gonzo team would like to salute the career of David Rainbolt of BancFirst in Oklahoma. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. Executioner’s Tax (Swing of the Ax) – Power Trip. Female – Keith Urban.
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