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The March Toward Greater Transparency and Trust in Open Banking
By: Primax Since the release of the Consumer Financial Protection Bureau’s (CFPB’s) Personal Financial Data Rights rule, commonly referred to as Rule 1033, the financial services industry has been closely monitoring the impacts on an open banking ecosystem that is already market-led. A major moment came on July 29 when the court granted the CFPB a stay, pausing the ongoing litigation with the Bank Policy Institute (BPI). CFPB indicated substantial revisions would be made to Rule 1033 to address concerns raised by stakeholders and an advance notice of proposed rulemaking (ANPR) would be...
The Deepfake-Fighting “Secret Sauce”: Combatting AI Fraud with AI
By: Primax As the saying goes, “AI is as bad today as it’s ever going to get.” And it rings true:...
The Power of Personalization: Tailored Messaging Drives Card Usage, Engagement and Loyalty
By Emily Mayben, Marketing Consultant, Advisors Plus Consumer banking has always been about...
Brute Force Fraud 101
By: Primax Financial institutions (FIs) are constantly grappling with a complex and evolving...
Primax Payments Pulse
Primax Payments Pulse:
2024 Holiday Spending Report
The fourth annual Primax Payments Pulse: Holiday Spending Report compares year-over-year, same-store financial institution data and provides a three-month...
Primax Payments Pulse Study 2024
The 2024 Primax Payments Pulse study explores what factors influence consumer behavior when it comes to the choice and usage of traditional and emerging...
Primax Payments Pulse:
Summer 2024 Spending Report
The Primax Payments Pulse: Summer 2024 Spending Report compares year-over-year, same-store financial institution data and provides a three-month view of...
White Papers
Navigating the Labor Shortage and Rising Delinquencies with Outsourcing
A Guide to Creating Top-Performing Debit Programs
With new competitors and expanded forms of payments coming to market daily, debit card and checking account success will require more focus and effort than in...
Linked Analysis and Machine Learning:How New Tools in Risk Intelligence are Shifting the Focus from Detection to Prediction
As fraudsters continue to find new ways to commit crimes, banks must implement more sophisticated fraud solutions as part of their crime compliance...
