FinTech

PSD2 and You: Why Banks Are Turning to Artificial Intelligence

by Richard Harris, Head of International Operations You know how the Chinese word for “crisis” is the same for “opportunity?” The bad news is that’s actually a myth. The good news is the metaphor still applies to PSD2. Whether banks like it or not, the

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AI, Risk and Banking – Peter Moenickheim, Prior Chief Risk Officer at Santander Consumer

Consumers and companies are all-too familiar with the consequences of financial fraud, having been victims of massive data breaches and orchestrated campaigns of payment fraud across all channels. What’s less clear is how financial institutions and merchants can stay one step ahead of the risk

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The Future of Risk: Beyond One-Dimensional Machine Learning

The world of fraud is ever-changing. As modern fraudsters become more creative and sophisticated in their attack methods, modern enterprises have to be responsive and holistic in their approach to detecting and preventing fraud in their systems. Prakash Santhana is the Managing Director for Payments

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Online Account Opening: How Credit Unions Can Outcompete Big Banks

Credit unions have gained popularity in recent years among consumers looking to minimize fees, earn higher interest rates and receive more personalized customer service. In a recent survey conducted by the Aite Group, credit unions surpassed other types of financial institutions in the overall ease

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The Antidote to Financial Data Breaches

In February 2016, Wendy’s reported a potentially massive data breach across hundreds of restaurants in its network of 6,500 locations. It turned out that the point-of-sale systems for over 1,000 franchisee locations in its network were infected by a malware since the fall of 2015, the extent of

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14 Things Banks Should Look For In A Decision Engine Optimized For Digital Transformation

By Jon Pearson, Sales Director, Transformational Digital Journeys, Banking @ Feedzai Customer behavior is changing and challenger banks are emerging. Friction and abandonment are now avoidable as increased application acceptance becomes the focus. What should an established Tier 1 bank do to get on the

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Brexit and the Burgeoning Ecommerce Marketplace: Will Consumers Open Up Their Wallet in a Closed Economy?

As markets and businesses worldwide recover from the aftershocks of Brexit, the implications to commerce and consumers still remains to be seen. The uncertainty, however, has made both retailers and consumers take anticipatory action to protect their own interests. Retailers, on one hand, foresee higher

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