data brief

Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud

Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
February 08, 2024  |  Fraud Prevention

Over 40% of financial institutions (FIs) have reported higher-than-average volumes of fraud and financial crime, according to insights detailed in “FIs Depend on AI/ML Partners...

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Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
February 07, 2024  |  Faster Payments

In today’s fast-paced world, consumers expect quick and seamless payment experiences. This means that when they receive payouts, they want them to be processed and...

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70% of Consumers Opt for Instant Merchant Refunds If Given the Choice
70% of Consumers Opt for Instant Merchant Refunds If Given the Choice
February 05, 2024  |  Disbursements

For most American consumers, disbursements — which include earnings and income payments, Social Security payments, tax refunds, insurance claim payouts and loan disbursements — remain...

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Nearly 1 in 4 Consumers Look to Smaller Banks for Their Next Credit Card
Nearly 1 in 4 Consumers Look to Smaller Banks for Their Next Credit Card
February 02, 2024  |  Credit Cards

With extensive financial resources, widespread branch networks, and robust financial infrastructure, national banks wield considerable influence and dominance, particularly in the credit card industry. Get...

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41% of Latin America Middle Market CFOs Tap Working Capital to Fund Growth
41% of Latin America Middle Market CFOs Tap Working Capital to Fund Growth
January 31, 2024  |  Business

Latin America and Caribbean (LAC) growth corporates, commonly referred to as middle market firms, are setting the pace when it comes to the strategic use...

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75% of ISVs and Marketplaces Plan to Enhance Existing Payment Capabilities
75% of ISVs and Marketplaces Plan to Enhance Existing Payment Capabilities
January 30, 2024  |  Payments As A Service

Creating new sources of income is key to business growth, and payment features are becoming a key component in doing so. For instance, independent software...

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Only 30% of Non-Recurring Payments Are Made in Real Time
Only 30% of Non-Recurring Payments Are Made in Real Time
January 29, 2024  |  Faster Payments

Ad hoc payments, which are irregular payments made outside of normal invoicing and payroll processes, can be a hassle for enterprises. Get the Full Story...

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Nearly Half of Amazon Subscribe & Save Members Shop More Online Than In-Person
Nearly Half of Amazon Subscribe & Save Members Shop More Online Than In-Person
January 26, 2024  |  eCommerce

The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips...

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Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need
Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need
January 25, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) are increasingly facing challenges in accessing the credit they need to run and grow their operations. As rising costs and...

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