To Battle Fin-Tech Upstarts, Big Banks Are Turning to—What Else?—Technology
Posted in: UncategorizedWhen Capital One rolled out its automated fraud-check texting system a few years ago, the bank was surprised to find how many possible answers its customers could find to a simple yes-or-no question. While around 85 percent of people responded to the alerts about potentially suspicious credit card activity with a “confirm” or “deny” as…