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?? Fraud prevention isn’t just about staying secure—it’s about staying smart. ?? Many financial institutions are still relying on outdated beliefs that lead to costly missteps. Our latest article, "4 Costly Myths of Fraud Prevention," explores the common misconceptions in fraud management that can hinder true protection and growth. Here’s what you’ll learn: ? Why one-size-fits-all solutions fall short ? How fraud prevention can align with customer experience ? The impact of legacy approaches on costs and outcomes At Amount, we’re focused on debunking these myths and empowering banks and credit unions with modern, efficient strategies for fraud prevention. Check out the article to stay ahead of the curve and build trust with your customers: https://lnkd.in/gxwVGtVh #FraudPrevention #DigitalBanking #FinancialServices #DigitalTransformation

?? Hot off the presses!?? Amount Takes is stuffed with lending insights this month. Get our takes on expensive fraud myths, responsible AI for credit unions, custom credit rules, and so much more.

?? Spotlight on Liz Sink: Insights on Mastering Influence, Selling Ideas, Cultivating Curiosity, and Building Psychological Safety ?? We’re excited to see Liz Sink, Director of Engineering at Amount, featured in the latest ELC podcast episode! ??? Liz joined leaders from the #Chicago, #Amsterdam, and #SanDiego ELC chapters to share her expertise and insights on engineering leadership. As a thought leader and key contributor at Amount, Liz plays a pivotal role in helping banks and credit unions achieve their goals through innovative technology and seamless customer experiences. Her participation in the ELC community reflects her dedication to advancing both our industry and the teams she leads. Tune in to hear Liz’s perspective, recorded live at #ELCAnnual2024: https://lnkd.in/gkjYvwth #EngineeringLeadership #ELC #BankingInnovation #ChicagoTech #TeamAmount

?? How Credit Unions Can Better Compete for SMB Lending ?? Credit unions are uniquely positioned to support small and medium-sized businesses (SMBs), but are you maximizing your potential? ??In our latest blog, we dive into strategies that credit unions can adopt to enhance their SMB lending capabilities, including: ? Streamlined application processes ? Personalized loan offerings for businesses ? Leveraging technology to compete with big banks With the right tools and insights, credit unions can strengthen their SMB lending efforts and become a true partner for growth. ?? Check out the full blog, featuring actionable strategies from our very own Craig Rismiller ?? How Credit Unions Can Better Compete for SMB Lending - https://lnkd.in/grWp-ugU #CreditUnions #SMBLending #FinancialServices #FinTech #SmallBusiness #LoanOrigination #Amount

??The next edition of our newsletter, Amount Takes, launches 11/21. ?? This month's issue will explore how digital lending innovation, AI, and automation are transforming financial experiences for consumers and SMB owners, so subscribe now via your preferred platform to ensure you don’t miss out! Read Amount Takes on LinkedIn: https://lnkd.in/gmsNVrUQ Receive Amount Takes via email: https://lnkd.in/gM8nTwVw

?? What AI Can Be (and Won't Be) for Your Financial Institution ?? Artificial Intelligence is transforming the financial services industry, but how can you leverage it without falling for the hype? In one of our latest blog, we break down: ? What AI can really do for financial institutions today ? The limitations and challenges of integrating AI ? Key considerations to ensure your AI strategy aligns with your business goals Gain insights into the true potential of AI and how to avoid common pitfalls on your digital transformation journey. ?? Don’t miss out—read Garrett Laird's full blog here ?? What AI Can Be (and Won't Be) for Your Financial Institution https://lnkd.in/gm6nHV2C #ArtificialIntelligence #FinTech #FinancialInstitutions #AI #DigitalTransformation #Innovation #Amount

In today's competitive lending market, delays aren’t just setbacks—they’re risks to customer trust and business growth. Loan origination is transforming, and speed, paired with streamlined efficiency, is now the key to winning over clients and staying ahead. ?? Check out this essay by our Chief Product and Technology Officer, Kevin Trilli, and discover why optimizing your loan processes isn’t just beneficial but crucial in a landscape where customer expectations are at an all-time high. As digital solutions advance, embracing the right technology can mean faster loan approvals, higher satisfaction, and a significant edge over competitors. #LoanOrigination #FinancialInnovation #CustomerExperience #Fintech #LoanEfficiency #DigitalTransformation

?? Stop by our coffee stand at VentureTech! Just like a perfect brew, Amount helps credit unions balance deposits and lending with seamless orchestration. Swing by, grab a cup, and let’s talk about leveling up your member experiences! #VentureTech #CUInnovation

Check out our CRO Len Eschweiler's conversation with Karen Webster of PYMNTS on how banks and credit unions can reduce deposit drift in the age of open banking.

?? Credit unions have a unique opportunity to thrive in both the SMB and consumer markets. With the right tools, they can deliver even more value to their members. At Amount, we help credit unions elevate their member experience by simplifying account opening and loan origination, driving efficiency, and enabling seamless digital journeys. ?? Join us at VentureTech to see how our unified platform can help your credit union grow and better serve SMBs and consumers. ?? Stop by our booth – we’d love to connect! #CreditUnions #SMBLending #Fintech #DigitalBanking #MemberExperience #AmountTech #ElevateYourExperience