Tony Zerucha, Author at Fintech Nexus

·Nov. 20, 2023

Building customer loyalty in a high-interest environment

Rising interest rates drive retailers to seek new options that will encourage safe consumer spending. That is good news for companies like Accrue Savings, which offers an FDIC-insured wallet that helps customers build a balance with their favorite retailers.

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Finance

·Nov. 16, 2023

TransUnion report questions FHFA bi-merge shift strategy

Research from TransUnion suggests that the Federal Housing Finance Agency’s (FHFA) move to a bi-merge system could significantly impact both consumers and lenders while providing little benefit.

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artificial intelligence

·Nov. 7, 2023

How AI generates more lending opportunities

InformedIQ helps lenders find opportunities in today’s challenging environment while others pull back. The main difference is who embraces AI.

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Anonymous hacker in front of his computer. | iStock photo

Banking

·Nov. 6, 2023

Comprehensive Trustwave report shares threats to financial services

A new report from Trustwave SpiderLabs provides a rich description of the myriad of threats facing financial services companies. 2023 Financial Services Sector Threat Landscape covers prominent threat actors and tactics, breaks down the financial services attack flow into steps, and covers several common hacker entry points.

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Expert cybercriminal gaining illegal access to computer network in data center

Fraud/Identity

·Oct. 30, 2023

AU10TIX report goes inside the mind of the professional fraudster

A look behind the numbers in AU10TIX’s Q2 2023 Global Identity Fraud Report gives clear insight into the mind of the professional fraudster. The report analyzed millions of global transactions from April through June 2023 to identify industry-specific patterns.

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·Oct. 26, 2023

AI and the art of the fintech possible

Artificial Intelligence (AI) will foster the most change of any technology Ravi Subramanian has seen in his 25 years in finance because it allows visionaries to dream big.

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Banking

·Oct. 25, 2023

Global financial crime compliance costs analyzed in LexisNexis Risk Solutions study

The digital banking shift, digital payments, cryptocurrencies and artificial intelligence (AI) are critical factors behind escalating global financial crime compliance costs that exceed $200 billion. Those are among the findings in LexisNexis Risk Solutions’ True Cost of Financial Crime Compliance Study for 2023.

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Crypto

·Oct. 23, 2023

Proposed Treasury crypto regulations bring clarity, but questions remain

Proposed regulations recently released by the Treasury Department help bring added clarity to participants in the digital asset economy. But the process is far from over. Investors, centralized crypto exchanges, payment processors, some hosted wallet providers, and some decentralized exchanges are the most affected. Miners, stakers and developers are not impacted.

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artificial intelligence

·Oct. 5, 2023

AI, if used properly, can improve loan decisioning

Artificial intelligence (AI) can significantly improve loan decisioning accuracy, but several factors must be considered to maximize that effectiveness. Luckily, given some care and consideration, Zest AI’s chief legal officer Teddy Flo said they can be easily applied.

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Lending

·Oct. 4, 2023

How 40Seas solves cross-border payment issues

With 40Seas, Eyal Moldovan believes he has solved a cross-border payments issue hindering importers and exporters who are already contending with a rapidly changing environment.

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