Increasing Customer Base while Lowering Fraud and Operating Costs with Mobile Card Services
Increasing Customer Base while Lowering Fraud and Operating Costs with Mobile Card Services
4 PagesIn 2013, the executive management at LSNB made a strategic decision to address three key areas of concern – rising fraud costs, decreasing debit card margins, and a stagnating debit cardholder base. LSNB addressed these areas with spectacular success during a 6 month period ending December 2013 through Ondot Systems “Mobile Card Services” solution. By launching the first mobile card control application in their market, LSNB positioned them
