• Thu. May 26th, 2022

The double-edged sword of mobile banking

ByCindy J. Daddario

Apr 29, 2022

Insight

Cost: Free

Date: Wednesday, May 25, 2022

Weather: 2 p.m. EST | 11 a.m. PST

Produced and sponsored by:

Prior to the pandemic, the escalating adoption rate of mobile banking was primarily fueled by smartphone penetration, with over 4 billion people using smartphones. The outbreak of COVID-19 has accelerated the trend of mobile banking, especially among younger generations, with Gen Z favoring the mobile channel at 56%.

The rapid increase in customer demand for mobile banking is leading to an increase in fraud threats. Financial institutions should handle this combination with caution. If they act too quickly, they risk losses due to fraud. If they move too slowly, they risk losing customers.

Join this webcast to find out how your credit union can strike the right balance when it comes to mobile banking. You’re going to learn:

  • Current trends in mobile banking
  • Fraud threats and consumer behavior that lead to increased risk
  • Mobile banking fraud prevention strategies
  • Anomaly detection for mobile banking

REGISTER NOW! (Can’t attend? We recommend that you ALWAYS REGISTER – you will receive an email with how to access the event registration)

Speaker:

Alak Das | VP Product, First Division | NICE Actimize