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Innovating The ATM Beyond Cash

PYMNTS

CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. How Balancing Members’ Needs Improves End-To-End ATM Experiences. About The Tracker.

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ASIC Demands More: HSBC Australia Fails to Protect Customers From Scams

The Fintech Times

The Australian Securities and Investments Commission (ASIC), the country’s financial regulator, has filed documents against HSBC Bank Australia as it alleges the bank failed to adequately protect customers from being scammed out of millions of dollars.

Scams 64
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The state of fraud in 2024: Key mid-year takeaways

The Payments Association

Lost and stolen card fraud also increased by 4% , driven by traditional low-tech theft methods like distraction thefts and shoulder surfing, where criminals observe PINs at ATMs or point-of-sale terminals. This ability to bypass robust security measures highlights the persistent ingenuity of criminals in finding new vulnerabilities.

Scams 88
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Fintech Review: A Guide

Fintech Review

This includes services like mobile banking, peer-to-peer payments, investment platforms, and blockchain applications. This shift affects banks, insurers, asset managers, and regulators alike. Mainframes and early banking software marked the first wave of digital financial tools.

FinTech 52
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Steering Clear Of Banking’s ‘Single Point Of Failure’

PYMNTS

Offering a user-friendly, instantaneous way of securing transactions, even before they happen, will spur more adoption of digital payments, and cement relationships between consumers and their banks, said Kilb. The shift toward mobile banking done across phones also carries with it the promise of financial inclusion.

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4 Payments Predictions for 2017 – Mobile, Fintechs and EMV (Still)

FICO

As consumers hopscotch between payment apps, banks will need to have sophisticated and nimble fraud defenses capable of recognizing which transactions, firing in from all directions, are legitimate and which ones may be fraudulent. No regulations! Getting a banking license is a privilege. Not so with payment apps. VC funding!

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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

Banks will need to seriously revamp their in-branch experiences to accommodate the new normal as customers are growing used to the unparalleled convenience and speed that mobile banking has to offer. regulations.”. We also have warning messages that remind people to only send money to people they know and trust.”.

Economy 103