Tag : digital banking

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The Power of AI: Three Ways Banks Are Utilizing AI To Drive Innovation, Personalization and Revenue

Mathias Mercier
by Mathias Mercier0
Open banking is transforming how banks operate, by enabling the seamless and secure transfer of financial data between banks, financial institutions, fintechs and other third-party providers. And most banks recognize that open banking is more than providing access to data–it’s powering innovation, creating better experiences for customers and, ultimately, driving......
Alkami Releases 2024 Generational Trends in Digital Banking Study
Banking News

Alkami Releases 2024 Generational Trends in Digital Banking Study

PR Newswire
by PR Newswire0
Study finds that millennials are 56% more likely to grow their relationship with their primary financial institution over the next twelve months than Gen Xers and baby boomers Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the release of its latest research, the Generational......
Alogent and Antuar Partner to bring Branch Banking into the Digital World
Banking News

Alogent and Antuar Partner to bring Branch Banking into the Digital World

PR Newswire
by PR Newswire0
Alogent, an innovator in end-to-end deposits automation, enterprise content and information management, and digital banking solutions for financial institutions, announced a partnership with Antuar to provide integrated end-to-end check processing capabilities for teller capture. Together, Alogent’s Unify, and Antuar’s inBranch Transact, bring modern capabilities to banks and credit unions looking......
Lumin Digital Introduces One-Click Passkey Support to Enhance Security in Digital Banking
Fintech News

Lumin Digital Introduces One-Click Passkey Support to Enhance Security in Digital Banking

PR Newswire
by PR Newswire0
Lumin Digital (Lumin), a leading fintech company specializing in digital banking solutions, announces the launch of one-click passkey support within its digital banking platform. This innovative feature will help fortify the security of millions of financial institutions’ users against the ever-evolving risks of fraud and phishing attacks and is immediately available to......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
UniWyo Credit Union Completes Successful Merger with the Help of Jack Henry
Banking News

UniWyo Credit Union Completes Successful Merger with the Help of Jack Henry

PR Newswire
by PR Newswire0
Growing credit union benefits from open, scalable platform to support expansion throughout the state of Wyoming UniWyo Credit Union’s strong relationship with Jack Henry enabled it to successfully complete its merger with Reliant Federal Credit Union. UniWyo Credit Union and Reliant Federal Credit Union merged in the third quarter of 2023, collaborating on the......
Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors
Banking News

Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors

PR Newswire
by PR Newswire0
Digital channel spending as a percentage of total IT spend up 3%; Chatbot deployment increased by 15% Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the release of its latest research in partnership with Cornerstone Advisors’ Ron Shevlin, chief research officer. The Digital Banking Performance......
DCI Expands DataVisor Partnership for Increased Fraud Protection
Fintech News Risk Management Security

DCI Expands DataVisor Partnership for Increased Fraud Protection

Business Wire
by Business Wire0
DataVisor, the world’s leading AI-powered fraud and risk platform, is thrilled to announce the expansion of its partnership with DCI, a leading provider of award-winning core processing, digital banking, and fintech solutions. Following a highly successful initial phase of deployment, DCI will now broaden the use of DataVisor’s next-generation fraud solutions......
Discover-Financial-Services-Reports-First-Quarter-2024-Net-Income-of-$308-Million-or-$1
Finance Fintech News

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Business Wire
by Business Wire0
Board of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE: DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate......
Santander-US-Survey-Finds-Optimism-Rising-Among-Middle-Income-Households-as-Concerns-about-Inflation-and-Recession-Ease
Finance Fintech News

Santander US Survey Finds Optimism Rising Among Middle-Income Households as Concerns about Inflation and Recession Ease

Business Wire
by Business Wire0
The survey found that six in 10 middle-income Americans have not moved money to earn higher yields on their savings, and more than one in four do not know their current rate. Of those who know what their current rate is, 56% of middle-income consumers are earning less than 3%.......
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