In The News

This neobank believes it can solve banks’ digital onboarding problem

March 1, 2018

American Banker - According to a 2017 Javelin Strategy & Research report, only six of the top 30 banks serving business customers offer some form of digital-checking-account application, and only Capital One Financial and SunTrust Banks offer...

Coinbase adds cryptocurrency payment support for online merchants

February 15, 2018

Tearsheet - But it might be an effort by Coinbase to encourage mainstream payments of cryptocurrencies, specifically bitcoin, Michael Moeser, Javelin Strategy’s director of payments, suggested. “Coinbase is the largest bitcoin exchange in the U.S.,...

This scary trend may help hackers drain your financial accounts

February 6, 2018

CNBC - A record 16.7 million consumers experienced fraud or identity theft in 2017, blowing away the previous record set in 2016 of 15.4 million victims. The total amount stolen also rose, to $16.8 billion.   "It used to be … that...

Biometric cards are coming, but they could cost you

February 6, 2018

Bankrate - “EMV with a biometric is still a very relevant solution,” says Michael Moeser, director of payments at Javelin Strategy & Research, “What most issuers are going to want to look at is how to solve issues for 90 percent of sales?”

Identity Fraud Hits Record Number of People

February 6, 2018

The Wall Street Journal -  Some 16.7 million U.S. consumers had their identities compromised in 2017, resulting in $16.8 billion in losses, according to consulting firm Javelin Strategy & Research. The number of people affected was up...

Identity theft has never been more rampant

February 6, 2018

CBS Moneywatch -  "In the past, criminals would get and sell bits and pieces of your personal information," said Al Pascual, senior vice president, research director and head of fraud and security at Javelin Strategy & Research. "Now they...

Voter ID, Credit Card Fraud Laws Take Effect This Month

January 19, 2018

Houston Public Media - Another new law, SB 1381, aims to cut down on credit and debit card fraud by letting merchants ask for a photo ID. Al Pascual, Head of Fraud and Security at Javelin Strategy & Research, says the law would have been ideal...

The smartphone as a mobile identity device

January 4, 2018

Mobile Payments Today - According to Javelin Strategy & Research, new account opening fraud increased 40 percent in 2016 to reach a record high. More than 1.8 million consumers that year had a new bank account or credit card opened under their...

Big banks hope early bet on Alexa will pay off

December 4, 2017

American Banker - "The interaction is [still] too clunky and it takes too long for the value I’m getting as a consumer,” said Emmett Higdon, director of digital banking at Javelin Strategy & Research. However, Higdon sees a day when voice-driven...

Five ways you won't save money by opening a new credit card at the store

November 30, 2017

Detroit Free Press -- During peak shopping seasons, such as Christmas or back-to-school, consumers are more likely to open a retail-label credit card, said Michael Moeser, director of payments practices for Javelin Strategy & Research....