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Fighting Fraud With Fire
For community banks, combating the latest fraud threats and scams can seem like a never-ending game of “Whack-a-mole.” With AI as a catalyst, fraud activity has grown substantially in recent years, with 60% of financial institutions reporting an increase over the past 12 months. Overall, Federal Trade Commission data showed that consumers reported losing more than $12.5 billion to fraud in 2024, a 25% increase over the previous year. In this article, we discuss the current fraud landscape, including emerging threats from AI. We also share how your bank can benefit from tapping into a robust...
Payments Are the Engine for Growth in Community Banking
The environment for community banking is undergoing massive disruption. For one, the very...
Fast, Frictionless, Flexible: Gen Z’s Redefinition of Payments
As Gen Z consumers (ages 18–28) effortlessly shift between physical and digital payment methods,...
How Can Your Bank Reduce Losses and Strengthen Customer Relationships? Five Winning Collection Strategies
Financial institutions are confronting a growing challenge in today’s uncertain economic...
Primax Payments Pulse
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...
Primax Payments Pulse:
Spring 2024 Spending Report
The Primax Payments Pulse: Spring 2024 Spending Report compares year-over-year, same-store financial institution data and provides a three-month view of...
Primax Payments Pulse:
2023 Holiday Spending Report
The third annual Primax Payments Pulse: 2023 Holiday Spending Report compares year-over-year, same-store financial institution data and provides a three-month...
Case Studies
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