Pinwheel

60% of banks surveyed by BAI are investing in new mechanisms to address #fraud. But is our industry innovating as fast as the fraudsters? Much to the delight of the dark web, paper submissions and manual review processes are still alive and well in 2024. These legacy stalwarts of the credit underwriting process have always made banks vulnerable to theft. And with AI making document production easier than ever to replicate and scale, the risk has grown exponentially worse. Read on to learn how adding real-time #incomeandemployment verification to your credit approval process stops fraudsters in their tracks.

ICYMI: Our presentation on primacy for Consumer Bankers Association is available for replay. You can catch the highlights at the below link. https://lnkd.in/geWxQ_qJ

Bank switching is irrefutably on the rise. Find out which consumers are driving this #2024trend in our latest blog, Making Money Moves. #money #banking #digitalmarketing

Read about how our incredibly talented team of #innovators brought Pinwheel Prime to market in our latest Built In coverage. #teamwork #tech

We're talking #primacy today at DMFS. #digitalmarketing for the win!

📣 Announcing another #partnership making it easier than ever for #communitybanks and #creditunions to deliver frictionless account activation experiences. 👇 🎉 Pinwheel Prime is now available for rapid integration to Bankjoy customers. Come celebrate with us if you'll be at Bankjoy Elevate later this week! 🎉

Fintech Nexus: "Many institutions use the number of new #account openings as a success metric, but they shouldn’t. They may run a campaign that generates a few thousand #newaccounts, but what happens next? Often, the answer is nothing. Such #campaigns are notoriously ineffective; it’s common for most accounts to be dormant within 90 days. There was no connection with the customer, no relationship to build. Customer #acquisition costs are hundreds of dollars per account; the cost is in the millions to #acquire a few thousand customers. Maybe 20% deliver long-term value." Read on for Fintech Nexus' full coverage of our Power of #Primacy Report, including an interview of Pinwheel CEO Kurtis Lin https://lnkd.in/eTuvXyjt

The next time you're browsing on your phone, add this idea to your cart: are your customers expecting their #digitalbanking experience to rival Amazon? Hear from our #CRO Jeff Bailey on how he is helping our banking clients stay at the bleeding edge of #customerexperience expectations. https://lnkd.in/gpETUHcs

Primacy was top of mind last week at #cbalive. How to achieve it? The consensus was that banks should be focused on delivering exceptional customer experiences. Curinos Head of #Omnichannel Experience Suraya Randawa shared her view on digital deposit switch as the new table stakes. #banking #digitalmarketing

"One question I often get from clients is how does the security of Pinwheel Core compare to Atomic’s TrueAuth?" --Jeff Hudesman Curious? Read on for a detailed assessment by Pinwheel's Chief #Information #Security Officer, who also lays out his approach toward maintaining industry-leading security standards across the Pinwheel platform. #banking #tech