Satoshi Nakamoto Blog

Category : Synchrony

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‘Friendly fraud’ is on the rise. Are banks complicit?

Friendly fraud — when a fraud victim knows the perpetrator, and the fraudster has intimate knowledge of the target — has by all accounts been
artificial intelligence Data Scientist Machine Learning Margaret Keane Predictive Analytics predictive modeling RPA Synchrony Women in Banking

Synchrony minds HR as it develops AI

Synchrony Financial, a bank and a provider of cobranded credit card programs, is deploying artificial intelligence in myriad ways: It’s using machine learning to detect
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Back office, or out front? Bankers differ on where to use AI

Most banks view artificial intelligence as a vital component in enhancing customer analytics, fraud detection, risk management and other activities. But executives seem hesitant to
artificial intelligence Consumer Banking Crime and misconduct Diversity and equality Ford Motor Credit interest rates Margaret Keane Morning scan Robert Kaplan Synchrony

No-frills accounts prove popular; lenders use AI to parse credit

Wall Street Journal No frills, no problemNo-frills bank accounts are attracting more consumers beyond the low-income customers they were intended for. The accounts generally include
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Small banks’ big challenge: Growing deposits

Banks with less than $10 billion of assets are losing the deposit war, even as many continue to raise rates on savings accounts and certificates