Third-party frauds has been on the financial industry’s radar throughout 2020, with account takeover and account opening fraud representing high opportunities for risk. Today more and more personally identifiable information is available on the dark web due to data breaches and phishing scams. COVID-19 has created both opportunity—increased online presence and interaction—and need—in the form… Continue reading How secure is your Credit Union from third-party frauds?
Month: August 2021
Tools & Technology: Digital Impact on Accounting
In this write-up, I will be continuing on the digital impact of accounting and discuss the different technologies that are at the forefront of accounting. If you have not read my first post about Digital Impact of Accounting you can read it here “ In this article, the focus will be to look at the following… Continue reading Tools & Technology: Digital Impact on Accounting
How to improve Customer loyalty in lending – 5 steps to consider!
Being in a competitive industry you’re smart to implement emerging technologies to reduce operational and customer acquisition costs. But, do you know what’s even smarter? Knowing customer is the most valuable asset, and firms should find ways to improve customer loyalty in Lending and strengthen it. Unfortunately, many firms across the globe, often aren’t… Continue reading How to improve Customer loyalty in lending – 5 steps to consider!
Think Big, Start Small: Journey to an Intelligent Enterprise
Covid-19 has significantly disrupted working practices across all industries. The pandemic has created an imperative to fundamentally reimagine the nature of work, workforce, and business processes. Technology continues to grow by leaps and bounds, but business processes don’t always keep up—and companies who fall behind pay a heavy price in lost profits, productivity, and value.… Continue reading Think Big, Start Small: Journey to an Intelligent Enterprise