TOPIC: Mobile Banking

Demonstration | Mitigating and Managing Deposit Fraud Losses - Join us Feb 19

Demo
February 19 at 12:30 PM - 01:30 PM EST
Mitigating and Managing Deposit Fraud Losses
Cross-Channel Analysis & Machine Learning for Improved Fraud Detection

Register Now

Financial institutions across the country are facing an increasing number of deposit fraud attacks as criminals take advantage of the anonymity and convenience of ATM and mobile channels. Meanwhile, consumers are increasingly falling victim to fraud scams, which can have significant emotional and financial effects.

Join us for an overview of Verafin's Fraud Detection and Management solution which includes powerful detection capabilities to mitigate losses from first-party ATM, In-Branch and Mobile deposit schemes, and protects your customers from third-party fraud scams.
 
Highlights of this software demonstration include:
  • Targeted alerts for first-party deposit fraud
  • Targeted alerts for deposit fraud scams
  • Machine Learning deposit fraud models
  • Risky Check Analysis
  • Fraud Management solutions
Register Now

    On line account opening

    Employee at a credit_union ($1.2BUSA)
    We are starting an On line Account opening initiative. The idea is to do away with signature cards and the need for members to ever come into a branch. While this will be a great service to our legitimate new members, I worry this will open us up to a whole new kind of risk that may not have been accounted for. We will also go from a hard credit pull to a soft pull. We will be using an Experian product called Precise ID to verify member ID (Does this meet CIP requirements?). I know we need a detailed Risk assessment, and I have so many questions about the compliance side as well. This project is happening, what can I document or what questions should I be asking? I do have several but I'm hoping some new insight and brain storming will build a more complete assessment. Do you have a "check list" or an assessment your institution used, that you could share. I know this can be done and still be compliant and mitigate risk as several larger banks do it, I just want to make sure we do it as safely as possible. 

      Demonstration | Mitigating and Managing Deposit Fraud Losses - Join us Feb 19

      February 19 at 12:30 PM - 01:30 PM EST
      Mitigating and Managing Deposit Fraud Losses
      Cross-Channel Analysis & Machine Learning for Improved Fraud Detection

      Register Now


      Financial institutions across the country are facing an increasing number of deposit fraud attacks as criminals take advantage of the anonymity and convenience of ATM and mobile channels. Meanwhile, consumers are increasingly falling victim to fraud scams, which can have significant emotional and financial effects.

      Join us for an overview of Verafin's Fraud Detection and Management solution which includes powerful detection capabilities to mitigate losses from first-party ATM, In-Branch and Mobile deposit schemes, and protects your customers from third-party fraud scams.

      Highlights of this software demonstration include:
      • Targeted alerts for first-party deposit fraud
      • Targeted alerts for deposit fraud scams
      • Machine Learning deposit fraud models
      • Risky Check Analysis
      • Fraud Management solutions
      Register Now

        Variable Mobile Deposit Limis

        VP at a bank ($669MUSA)
        We are in the process of deploying Fiserv's DDRM product which allows for risk based, variable mobile deposit limits. Is anyone using this or a similar product? If so, would you mind sharing how you are disclosing the limits? Thanks.

          Mobile Deposits Training

          Manager at a credit_union ($614MUSA)
          Would anyone know of a company or training materials for Mobile/Web Deposit staff? We would like to give the staff some ongoing training and keep them up to date on what to look for when processing mobile/web deposits. If anyone is familiar with NINJIO we currently use this company wide for quick hitter training videos. Something like this would be ideal. I appreciate any input.

            Free Webinar: Secrets of Expansion - What no one tells you about the US digital banking space

            There's a lot of talk about digital only "neobanks" coming into the US market. We've put together a free webinar with the US head of Revolut and the US head of N26 where you can learn more about their plans, how they're partnering with US banks to offer this service, and the challenges they've been facing. If you're curious how these folks might impact your US banking business feel free to join us for this free webinar on October 17th at 1pm EST.

            Learn more and register here.

              ACH loan payments set up via Mobil banking

              Manager at a credit_union ($147MUSA)
              ACH loan payments set up via Mobil banking ;In house a ACH reoccurring loans payments our disclosure says  final payment will be adjust to exact payment do , we do not have this option if we want to allow member to set up using their Mobil banking  
              does anyone know if we disclosure "the excess funds would be return to the account at payoff"  for the ACH set up by Mobil banking would be compliant?

                Regulatory Compliance Update LIVE

                Join us for our last quarterly Regulatory Compliance Update of the year on October 22nd! Cayci Branum and Kenny Douglas will be covering current hot topics, upcoming regulations and more surrounding regulatory compliance. Register here: https://www.pkm.com/event/regulatory-compliance-update-live-october-22-2019/

                  Why Community Banks Need to Offer Dynamic Overdraft Limits

                  There are many proverbs about the consequences of "standing still" and how the concept connotes inertia, or the lack of progress or growth. One well-known example is attributed to author Timothy Ferris: "Many a false step was made by standing still." While the concept is applicable to many things like major life decisions, risk-taking and business models, it also can be accurately attributed to overdraft limits. Are your limits standing still? In other words, are you offering only static, one-size-fits-all limits? If so, chances are that your overdraft revenue is likewise static.

                    Fintech & Financial Institutions: Friends, Not Foes

                    Financial technology, or fintech, is one of the fastest-growing industries in the world, forever transforming the way consumers bank. Thanks to the explosion of apps and online solutions these tech firms have pioneered, consumers are demanding their banks keep pace by offering fast, personal, always-available solutions if they want to retain their business. To overcome these challenges, banks must embrace the growing trend of collaborating with fintechs—working together to create a synergy that neither entity can achieve on its own.

                      mRDC with Bluepoint, Fiserv DNA, Q2

                      Manager at a credit_union ($611MUSA)
                      We are currently looking at switching our mRDC vendor, but are trying to figure out if we will benefit from this or if we should just stay with bluepoint. We are also in the process of core shopping and looking at Fiserv-DNA. 
                      Is anyone currently on Fiserv DNA and uses bluepoint for mRDC? If so, could we set up a call to discuss pros and cons you have found.

                      Thank you,
                      Jenni

                        Demonstration | Mitigating and Managing Deposit Fraud Losses - Join us today, June 5

                        Today, June 05 at 12:30 PM - 01:30 PM EST
                        Mitigating and Managing Deposit Fraud Losses
                        Cross-Channel Analysis & Machine Learning for Improved Fraud Detection


                        Register Now

                        Join us today, June 05, for an overview of Verafin's Fraud Detection and Management which includes powerful detection capabilities to mitigate losses from first-party ATM, In-Branch and Mobile deposit schemes, and protects your customers from third-party fraud scams.

                        Highlights of this software demonstration include:
                        • Targeted alerts for first-party deposit fraud
                        • Targeted alerts for deposit fraud scams
                        • Machine Learning deposit fraud models
                        • Risky Check Analysis
                        • Fraud Management solutions
                        Register Now

                          Demonstration | Mitigating and Managing Deposit Fraud Losses - Join us June 5

                          June 05 at 12:30 PM - 01:30 PM EST
                          Mitigating and Managing Deposit Fraud Losses
                          Cross-Channel Analysis & Machine Learning for Improved Fraud Detection


                          Register Now

                          Financial institutions across the country are facing an increasing number of deposit fraud attacks as criminals take advantage of the anonymity and convenience of ATM and mobile channels. Meanwhile, consumers are increasingly falling victim to fraud scams, which can have significant emotional and financial effects.

                          Join us for an overview of Verafin's Fraud Detection and Management which includes powerful detection capabilities to mitigate losses from first-party ATM, In-Branch and Mobile deposit schemes, and protects your customers from third-party fraud scams. 

                          Highlights of this software demonstration include:
                          • Targeted alerts for first-party deposit fraud
                          • Targeted alerts for deposit fraud scams
                          • Machine Learning deposit fraud models
                          • Risky Check Analysis
                          • Fraud Management solutions
                          Register Now

                            Demonstration | Mitigating and Managing Deposit Fraud Losses - Join us on June 5

                            June 05 at 12:30 PM - 01:30 PM EST
                            Mitigating and Managing Deposit Fraud Losses
                            Cross-Channel Analysis & Machine Learning for Improved Fraud Detection


                            Register Now

                            Financial institutions across the country are facing an increasing number of deposit fraud attacks as criminals take advantage of the anonymity and convenience of ATM and mobile channels. Meanwhile, consumers are increasingly falling victim to fraud scams, which can have significant emotional and financial effects.

                            Join us for an overview of Verafin's Fraud Detection and Management which includes powerful detection capabilities to mitigate losses from first-party ATM, In-Branch and Mobile deposit schemes, and protects your customers from third-party fraud scams. 
                             
                            Highlights of this software demonstration include:
                            • Targeted alerts for first-party deposit fraud
                            • Targeted alerts for deposit fraud scams
                            • Machine Learning deposit fraud models
                            • Risky Check Analysis
                            • Fraud Management solutions
                            Register Now