In The News

How to Prevent Mobile Alerts from Going Wild

June 26, 2013

American Banker- Alerts on paper sound great," says Mark Schwanhausser, director of omnichannel financial services at Greenwich Associates-owned Javelin Strategy & Research. "Everyone wants to have a way to communicate with customers in a...

EMV Countdown: Do You Have to Have It?

June 25, 2013

MainStreet- Probably, say many experts, not even the threat of the liability shift will be enough to prod the U.S. into chip and PIN, certainly not by 2015. "We project there will not be broad adoption before 2017," said Al Pascual with Javelin...

'Kill switch' pushed as solution to smartphone thefts

June 11, 2013

NBC- Al Pascual, senior analyst for security, risk and fraud at Javelin Strategy & Research, is watching to see how this all plays out. He says a kill switch might solve part of the problem – cutting the value of a stolen phone – but it won’t...

Big Brother Is Watching You Swipe: The NSA’s Credit Card Data Grab

June 11, 2013

Time - The NSA conceivably could — and probably would — be able get the names of individual account holders from banks issuing credit cards. ”I don’t see how you would anonymize it,” says Al Pascual, senior analyst for security, risk and fraud for...

Protecting Yourself After a Data Breach

June 6, 2013

New York Times- "Javelin’s 2013 Data Breach Fraud Impact Report finds that data breaches are increasingly correlated with fraud; if your personal information is compromised in a data breach, you are much more likely to end up being a victim", said...

Simple Mistakes Pave Way for Costly Data Breaches

June 5, 2013

PaymentSource- Javelin estimates the Global Payments breach that started in 2011 will result in $708 million in losses from 428 fraud cases, averaging $1,654 each. Read More

Prepaid Gains Acceptance; Kardashians a Bad—But Lingering—Memory

May 8, 2013

PaymentsSource- "Prepaid purchase volume, estimated at $150 billion this year, will grow by almost $45 billion over the next five years. Banks can offer a prepaid product to the consumer and maybe transition them into a higher level checking account...

Study finds total cost of 2012 Utah health breach could approach $406 million

April 29, 2013

Associated Press- A 2012 security breach that exposed the personal information of 780,000 Utah residents to hackers could cost as much as $406 million, a new Javelin study finds. Read More

Recent Breaches More Likely To Result In Fraud

April 29, 2013

Dark Reading- A year-old data breach of a Utah Department of Health (UDOH) server......the victims will likely pay much more: $406 million in fraud losses and $94 million in other costs, including the estimated 2.4 million hours needed to resolve...

Mobile Card Acceptance Winning Favor at Big Retailers: Report

April 24, 2013

PaymentSource- Mobile point of sale systems could expand card acceptance by adding as much as 20 million merchants, resulting in a potential $1.1 trillion uptick in annual card payments, Javelin Strategy and Research says in a new report. Read...