FINBOA

Banks and credit unions automating payment disputes is the perfect example of "work smarter, not harder." - Easily stay ahead of compliance deadlines - Never miss collecting customer info - Training frontline and operations staff is a breeze - Customers and members are happy - Clear audits with ease - Easily manage dispute volume spikes - End excessive write-offs If you are still using manual processes involving paper and data entry, we have one question. Why? #rege #compliance

Disputed Transactions Tell a Story of Local Fraud Patterns Analyzing payment dispute data may seem unexpected as part of fraud mitigation, but it reveals valuable insights into fraud trends within your community. ?? By identifying merchants with high dispute rates, financial institutions can detect patterns of potential fraud to raise awareness and protect consumers. With FINBOA’s Payment Dispute software solutions, banks and credit unions gain access to powerful data on dispute trends, helping shape policies to mitigate fraud risks. Reports highlighting high-volume disputes tied to specific merchants can guide strategic decisions to minimize future losses and protect account holders. ?? Learn more at https://hubs.la/Q02YhSRT0. #PaymentDisputes #CommunitySafety #FinancialInsights

A Salute to Banks and Credit Unions on the Fraud Frontlines ?? During Fraud Awareness Week, let’s spotlight the impact of fraud on banking. In 2023, the Federal Trade Commission (FTC) received 2.6 million fraud reports, representing over $10 billion in losses. The most frequently targeted groups include older adults, military personnel, and users of P2P payment apps. Operations and Compliance teams at banks and credit unions witness these trends firsthand and work tirelessly to protect account holders from malicious schemes. FINBOA salutes your dedication to keeping people’s money secure every day. ?? Learn more about 2023 fraud trends from sources FTC’s Consumer Sentinel Data Book. https://hubs.la/Q02Yhwhr0 #BankingSecurity #ProtectingConsumers #PaymentDisputes #RegE #BankingCompliance #BankingRegulations

???? Exciting News! FINBOA has been honored as the 'Banking Tech of the Year' at the US FinTech Awards 2024 for our innovative Payment Disputes Solution! This award highlights the impact of our technology in transforming back-office operations, boosting regulatory compliance, and enhancing customer experience for financial institutions across the U.S. ?? Our Payment Disputes solution streamlines payment dispute processing, reducing costs, minimizing risks, and empowering banking teams to focus on what matters most—delivering exceptional customer service. Thank you to FinTech Intel and the esteemed panel of judges for this recognition! We’re proud to be at the forefront of banking automation. ???? Learn more about our solutions at https://hubs.la/Q02Ymrvc0. #FinTechAwards #BankingInnovation #PaymentDisputes #ComplianceAutomation #FINBOA #FinTech

?? FINBOA Shines at the Jack Henry Cobalt Awards! ?? It was a proud moment for the FINBOA Team as we received the Integrator Award for our FINBOA Payment Disputes solution at the Jack Henry Cobalt Awards on Oct. 9th! ?? This honor highlights our commitment to simplifying payment dispute processing for over 250 banks and credit unions, empowering them to enhance account holder experiences and meet essential regulatory standards. We’re also thrilled to share that the award came with a $10,000 donation to Feeding America?, supporting critical food security efforts across the U.S. ?? A huge thank you to Jack Henry Associates for this incredible recognition and to our partners for making our mission possible. Here’s to transforming banking and giving back to our communities! #JackHenry #Innovation #Award #jhconnect #JackHenryconnect #complianceautomation #FinTech #bankingcompliance #rege #paymentdisputes #jhconnect #banno

Nothing scarier than handling payment disputes the old-fashioned way! ?? If your payment dispute process has your team buried in paper, it’s time for a tech resurrection. Say goodbye to paper overload and hello to automation with FINBOA – let’s bring your process back from the dead! ??♀?? #HappyHalloween #AutomationNotMummification #DitchThePaper”

Thanks again TrueNorth team for having us at your booth. It was great catching up with you all and the amazing people at Prelim and ICBA!

Don't miss connecting with the amazing ICBA team and our incredible peers Prelim and TrueNorth! Next week at Money20/20, see you there!

We are thrilled to introduce FINBOA Business Intelligence (BI) for Payment Disputes! This new solution gives financial institutions powerful insights into compliance, fraud, and dispute trends, enabling data-driven decision-making and enhanced risk management. With FINBOA BI, banks and credit unions can: ? Monitor fraud trends and compliance in real-time ? Access dynamic reports and filters for quick analysis ? Improve decision-making with comprehensive dispute data Learn more about how FINBOA is revolutionizing dispute management, read the full press release here: https://hubs.la/Q02Vysxb0 And REALLY learn more during our 30-minute webinar Unlock the Power of Business Intelligence (BI) to Improve Dispute Management to be held on October 30 from 12:30-1:00 p.m. CT: https://hubs.la/Q02Vy9Kt0 #Fintech #BusinessIntelligence #FraudPrevention #Compliance #PaymentDisputes #FINBOA #DataDriven

Money20/20 Happy Hour Alert! Stop by the TrueNorth booth (2813) next Tuesday anytime from 3 to 6:30 pm and have the opportunity to meet the teams from ICBA, TrueNorth, Prelim, and FINBOA!