To watch the full webinar click here Fraud is getting faster, more sophisticated, and harder to catch. As instant payments continue to grow, the way platforms think about fraud prevention is fundamentally shifting.
For the millions of Americans who live paycheck to paycheck, access to liquidity when they need it is more than just convenient. It’s essential. Paydays don’t always coincide with when bills are due. Emergency expenses, such as car or home repairs, can occur at any time.
In digital banking, fraud protection often comes at the cost of good first impressions. Secure onboarding is key to keep fraud low, but slow onboarding makes customers impatient. That’s why Current, a leading consumer fintech platform serving more than six million customers, set out to improve onboarding without adding friction.
Consumers want payment experiences that aren’t disruptive. Where users were once redirected to slow-loading dedicated payment sites, they now expect payments to seamlessly flow through the interfaces they’re already using.
Talent retention is top of mind for workplaces everywhere — and rethinking traditional paydays has become a key differentiator. Waiting two weeks for earnings leaves workers vulnerable to emergencies and pushes many toward costly payday loans. Branch changes that.
In life, we only put up with inconveniences when a better alternative isn’t readily available. If we had inexpensive flying cars that could soar above traffic, we likely wouldn’t put up with traffic jams on the ground anymore.
For millions of Americans, low credit scores create a vicious cycle. A low credit score can close off valuable opportunities and increase the interest due on loans.
VISA is making some major changes to how it keeps tabs on merchants. While these changes will not be enforced until October, now is the time to learn about them, and prepare for them.