Access Softek

Exciting news from Access Softek! 📰 We’re proud to announce that Access Softek has achieved Corelation, Inc. KeyStone Certification, further enhancing our seamless integration capabilities for credit unions. This milestone reaffirms our commitment to delivering innovative and secure solutions that empower credit unions to better serve their members. 🔗Learn more about this achievement and what it means for the future of digital banking: https://hubs.la/Q02_ZSNy0

Real-time Fraud Control. Detect. Predict. Prevent. Why react to fraud when you can prevent it? Access Softek’s cutting-edge Fraud Control Solution proactively protects accounts by learning each user’s unique digital behavior. Fraudsters are blocked immediately when suspicious activity is detected, while legitimate users enjoy effortless authentication. What you will gain from this webinar: - Insights into real-time fraud detection and prevention strategies. - Tools to analyze user sessions and identify suspicious activity. - Tips to customize fraud prevention settings to fit your institution’s needs. Join us and discover how to protect your financial institution! December 12, 2024 10:00 AM Pacific https://hubs.la/Q02-16xx0 #digitalbanking

AI, AGI, RAG, Super Intelligence and Credit Unions Technology breakthroughs follow a predictable path of rapid improvement that eventually slows down and tapers off until the next breakthrough. In the beginning, the iPhone improved dramatically with each new release but now there are no lines in front the Apple store and no dramatic improvements year to year. Same pattern for the x86 chip family, speed of cell service and many other examples. AI and large language models (LLM) are rapidly improving. Retrieval Augmented Generation (RAG) mitigates hallucinations and focuses the AI on an information set you select. The new O1 model from OpenAI can reason. Human matching artificial general intelligence (AGI) is expected to be coming soon. Sam Altman, CEO of OpenAI, predicts "It is possible that we will have superintelligence in a few thousand days…”. Super intelligence is AI that surpasses human abilities. The internet resulted in online banking (and lending and account opening and etc.), smart phones created the opportunity for mobile banking, AI will have a much broader and deeper impact on credit unions than previous technology revolutions. We don’t know exactly the how, when or what of AI but we do know credit unions can’t afford to fall behind when change is happening so rapidly. Access Softek released the first downloadable application for mobile banking in 2004. By 2008 we could see that our clients were growing 2-3x faster than the industry average. Credit unions who are aggressive with new technology grow faster and do better. AI is new technology to aggressively adopt. Buckle up credit unions, the future is coming. Author: Chris Doner, Founder and CEO, Access Softek #ArtificialIntelligence #SuperIntelligence #CreditUnions #AccessDigital #DigitalBanking

Verification Updates for Omnichannel Account Opening Discover our latest advancements in account verification processes to improve efficiency and accessibility, and pave the way to connect with more members. Join our webinar to learn how we’re shaping the future of seamless, secure banking experiences! December 5, 2024, 10:00 AM Pacific https://hubs.la/Q02-0KMY0 #digitalbanking

Will Passkeys Finally Kill the Password? In addition to many other unique security features, Access Softek just launched passkey support. “Passkeys are an easier and more secure alternative to passwords. They let you sign-in with just your fingerprint, face scan, or screen lock.” Google “Passkeys are the future of authentication, …. Plus, they’re unique to each website or application, so you don’t have to worry about someone using your passkey to access other services. And unlike passwords, passkeys are resistant to phishing attempts, …. Best of all, you can use your passkey across all your devices, …” Microsoft “Passkeys are more secure than passwords, because they’re uniquely generated for every account by your own device and are less vulnerable to phishing. And they work on all your devices ….” Apple We offer the best security of any digital banking product. Author: Chris Doner, Founder and CEO, Access Softek Read more news from the Access Softek Blog: https://hubs.la/Q02ZBWZ30 #DigitalBanking #Passkeys #Security #AccessDigital

Join us as we explore the latest trends in check fraud, covering essential statistics, prevalent methods, and the current threat landscape. This session includes a live Positive Pay demo and insights from a robust fraud database, revealing key strategies to detect and prevent payment fraud. https://hubs.la/Q02Z5gfV0 #digitalbanking

Will QuickBooks Follow the Same Death Spiral as Quicken? As online banking developed more features the value of Quicken declined. What was once the most popular PC software application died as people moved to online banking to manage their finances. As business banking becomes more powerful the need for QB will follow the same path as Quicken. It will not be soon, but the outcome is clear. Business banking will gradually release all the features of QB at which point the advantages of a seamless integration between banking operations and accounting will make QB obsolete. In our view, the next big step forward is to include invoicing in business banking. Most small businesses have a dire need to get invoices out quickly to ensure the cash flow required to run their business. Invoicing completes the SMB money cycle of: request, receive and then dispense cash. As with most industry trends this represents an opportunity for those who pursue it and a risk for those who don’t. Let us know if you would like to discuss the future of business banking and how it can help your credit union. Author: Chris Doner, Founder and CEO, Access Softek Read more news from the Access Softek Blog: https://hubs.la/Q02YNM7t0 #QuickBooks #DigitalBanking #AccessSoftek

Elevate Your Financial Solutions: Unveiling the Power of Array with Access Softek Join our exclusive webinar where we dive into the transformative capabilities of Array's solutions in collaboration with Access Softek. Discover how integrated tools, including a full suite of embeddable credit tools (My Credit Manager) and a credit data workflow solution that supercharges marketing (Offers Engine), can enhance your customer experience and drive engagement. We'll also explore the broader suite of Array products designed to empower financial institutions and their consumers. Whether you’re looking to boost credit management or innovate your digital offering, this session will showcase a spectrum of solutions designed to build customer loyalty. Don’t miss this opportunity to see how Array can unlock new possibilities for your organization. Reserve your spot today and take the first step towards revolutionizing your digital experience! November 21, 2024, 10:00 AM Pacific Time https://hubs.la/Q02X4w0-0 #digitalbanking

📣 We’re thrilled to announce a new partnership with Alacriti to accelerate the adoption of modern payment solutions! By integrating Alacriti’s Orbipay Payments Hub with Access Digital, we’re enabling financial institutions to offer seamless real-time payments, improve efficiency, and enhance the user experience. Read the press release: https://hubs.la/Q02XYQ790 #RealTimePayments #DigitalBanking #Fintech #AccessSoftek #Alacriti

Why Credit Union Execs Can’t Afford to Wait for Instant Payments In this webinar, Access Softek, in partnership with Alacriti will discuss: • Why NOW is the time to adopt instant payments • The latest updates on FedNow® Service • The ROI of real-time payments • Key strategies for credit unions to operationalize and monetize instant payments • How to educate and promote instant payments to your members • How Access Softek’s Access Digital Banking Platform enables a seamless instant payments experience for members. • Lessons from financial institutions already embracing the future of payments. Join us on November 14, 2024, 11:00 AM Pacific https://hubs.la/Q02X55t30 #digitalbanking #fintech