Equifax UK’s Post

🤔 Did you know that 82% of enterprise organizations consider their onboarding strategy a key driver of value? It’s clear that consumers want faster, easier onboarding. And businesses want to deliver a great experience. But how do you increase onboarding conversion without sacrificing quality, security, and regulatory compliance? The answer: #OpenBanking! ✅   With Open Banking APIs, you can use consumer-permissioned, bank-grade data to streamline your onboarding process, removing friction and reducing consumer churn. Read more in our latest blog! 👉 https://lnkd.in/erjN2sd7 #AccountLinking

🚀 Open banking is revolutionizing finance with secure data sharing, enabling faster, safer, and more innovative #financialservices. As the industry grows, robust #identityverification (IDV) has become crucial in safeguarding sensitive data. With the number of open banking API calls in 2023 skyrocketing and projections showing even sharper growth through 2027, ensuring secure, verified access is critical to supporting this expanding ecosystem. In Veriff's blog, explore how #IDV is powering open #banking, preventing #fraud, enhancing customer trust, and ensuring #compliance with global regulations. Learn more: https://bit.ly/40SUPI6 🔗

Ever worry about the security of your customer payments? PCI compliance is critical for your business's growth. That's why SkipCash offers cutting-edge secure gateway solutions. Want to optimize your digital payments? Message me for a free expert consultation and let's ensure your transactions are rock-solid. #SkipCash #DataPrivacy #PaymentGateway #SecureTransactions #DataSafety #EcommercePayments #RetailTech

【Wisecard SmartOne System】 Wisecard's SmartOne is a robust software solution designed for Data Preparation and EMV personalization. It empowers customers to issue chip-based cards, including contact, contactless, and dual-interface EMV cards, centrally, at distributed locations, or instantly at branches for various purposes such as banking, loyalty, and biometrics. 🕐 The SmartOne platform offers high compatibility, allowing customers to integrate their chosen card personalization line (printers) regardless of the supplier's production hardware. It has successfully integrated with various Hardware Security Modules (HSMs), databases, and card types. 🕑 With its central, de-central, instant issuance, and mixed configuration models, the EMV Card Issuance system is effective in reducing the cost associated with branch issuance, which often requires subsidies. 🕒 Moreover, the EMV Card Issuance system seamlessly integrates with Wisecard's multi-channel banking system, offering flexibility and the option to complement it with additional modules and channels from the Wisecard platform product range. #Wisecard #EMVCARD #Security #Finance

Chatbots are popping up everywhere. From customer service and healthcare to banking and security – there’s a bot for that. Many organisations are battling with how to get customers the information they need at the right time and in the right way. In our latest post Helena Rix shares the importance of understanding whether a bot is the right answer for your users and what to think about before you get started. https://hubs.li/Q02wmTZr0

This morning, alongside Angus Sullivan, Michael Vacy-Lyle, Rebecca Warren and Victoria Ledda, we spoke to our people and media about some of the things that we have been working on at CBA to deliver better customer outcomes.    One of the things we talked about was using technology and AI to provide differentiated experiences to our customers and personalising those experiences at a much more rapid rate than we would have in the past.   For important issues like scams, fraud and disputes, using technology and AI in these areas is going to enable a much more real-time experience where we can save our customers time, help them better understand what is happening, and provide them with even more confidence that their money is safe.   #CommBankLife #ReimaginingBanking

It’s incredible to be a part of the CSL (Customer Servicing Lending) Culture Council Tech Team, especially as we work to reimagine banking for our customers through continuous investment in technology and AI. This year, we’ve seen how tools like the “enhanced POC(proactive outbound call) guide”and “The Digital Portal Help Guide” are not just innovations—they’re transformative solutions that empower lenders to better serve our customers. These initiatives reflect our commitment to leveraging technology to make banking simpler, faster, and more personalised. Personally, this aligns with Matt’s leadership philosophy of building a culture of continuous learning. By embracing emerging technologies and fostering collaboration, we’re not only improving processes but also shaping the future of customer service in lending. As we wrap up 2024, the call to action is clear: keep learning, keep advocating, and continue spreading the word about the Culture Council’s work. By championing innovation and amplifying these outcomes, we’re paving the way for even greater advancements in 2025. Here’s to reimagining banking, together! #CultureCouncil #AI #Innovation #commbanklife #CSLLeadership #commonwealthbank

CBA it’s taking the lead in terms of Gen AI implementation globally. It’s exciting to experience how the bank is shifting its structure to be more agile and to deliever these AI use cases faster and safer. 🤖🚀

In today’s digital age, customers expect complete control over their financial tools, especially when it comes to managing cards. EzyNeobank’s card management features empower users with everything they need: instant card ordering, activation, secure PIN and CVV access, and the ability to freeze lost or stolen cards immediately. These options give customers the flexibility and security to handle their finances with ease and peace of mind. For banks, offering full-featured card management is essential to building customer trust and loyalty. EzyNeobank delivers this experience in a seamless, secure way, allowing your neobank to meet user expectations while prioritizing security. Let’s talk about how EzyNeobank can enhance your card offerings! Are you interested in a demo: https://buff.ly/4fzuenB? #DigitalCards #BankingSecurity #EzyNeobank #dhrubok

New blog post: Digital Banking’s Impact on Customer Loyalty Did you know that customers are more likely to stay with a bank that offers personalized services? Digital banks are making this possible by providing: - Personalized and accessible service. - Easy and efficient financial transactions. - Customized financial offers. - Transparent and reliable transaction information. - Innovative solutions like mobile payments. - Advanced data analytics for informed decisions. - Top-tier cybersecurity to protect data. Learn more in our latest blog post about how digital banks are changing customer loyalty. 👉 New read on our blog. Link in the comments! How important is personalization in your banking experience? #DigitalBanking #CustomerLoyalty #Fintech #CustomerExperience #BusinessGrowth