What Percent of Consumers Have an Account at a Full Service Bank with Branches?
73% of consumers have an account at a full-service bank with branches 31% of consumers bank with a credit union...
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Emerging Payments
From biometric authentication and generative AI to contactless payments, the emerging payments space is enabling financial institutions to adapt to changing consumer preferences. Emerging technology is providing organizations with enhanced capabilities to stay ahead.
Benefits of AI Financial Advice Quantified
This article in Forbes discusses how two banks, RBC and Israel Discount Bank are now delivering financial advice to their...
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Facial Recognition Put To Good Use: 2nd Passport Imposter Caught at Dulles
The concept of local, state and federal governments utilizing facial recognition to sweep across large groups of people at events...
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Mercator Provides Surprising Foundational Stats on Consumer Bank Accounts
WHY IT MATTERS: Foundational statistics for consumer banking become important when analyzing alternative consumer financial products, like prepaid cards. Underbanked...
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Barclays Enhances Its Mobile Banking App with an Open Banking API
To be a leader in digital and innovation Barclays becomes the first UK High Street Bank to allow customers to...
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Why the Financial Sector is Poised for a Chatbot Takeover
The days of waiting in long lines at the bank for simple transactions are long gone. In today’s digital world,...
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FICO Makes Artificial Intelligence Explainable with Latest Release of its Analytics Workbench
FICO aims to make artificial intelligence more explainable with the latest release of its analytics workbench. On September 12th FICO...
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Insurance Payments Don’t Have to Be a Drag with an API
Insurance payments can be such a drag however according to a recent announcement mastercard and Dream Payments have formed a...
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A Biometric Horror Story That Banks (and other authenticators) Better Learn From
Most biometrics change, sometimes naturally and sometimes due to an active decision. Earlier there was the story of criminals performing...
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AI and the Not-Too-Distant Future of Payments
Not long ago, identifying credit card fraud required a mostly manual effort. Computers could be programmed to identify significant discrepancies...
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