Account Opening news and trends

How US Bank Is Using Machine Learning To Tackle Fraud
Digital Banking // September 18, 2019

For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In the latest Digital Banking Tracker, he discusses how machine learning provides layered fraud protection to...

Paving Mobile Banking’s Path To Success
Banking // May 22, 2019

The customer journey in banking begins with offering a wealth of data when opening an account. As Jim Priestley, chief revenue officer at Feedzai, tells PYMNTS, mobile banking is changing financial services — so banks must change the ways they approach account openings, too.

Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
B2B Payments // August 10, 2017

Banks appear to be finally waking up to the need to innovate. Between the growing number of blockchain consortia, in which banks explore the use of distributed ledger technology, and the rising instance of partnerships between traditional and alternative financial service providers, it appears banks...

Interviews & Exclusives
How US Bank Is Using Machine Learning To Tackle Fraud

September 18, 2019
For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In the latest Digital Banking Tracker, he discusses how machine learning provides layered fraud protection to customers, while removing manual review.

Paving Mobile Banking’s Path To Success

May 22, 2019
The customer journey in banking begins with offering a wealth of data when opening an account. As Jim Priestley, chief revenue officer at Feedzai, tells PYMNTS, mobile banking is changing...