In The News

Why a Credit Freeze Alone Won't Stop Identity Theft

September 16, 2019

Consumer Reports  -  Cell-phone account fraud has skyrocketed in the past few years, with the number of victims up 78% in 2018 from the previous year. 

Investors push installment payments into more mature markets

September 9, 2019

PaymentsSource  -  Payments at the point of sale - online and in stores - is changing to meet consumer demands. Previously leaning heavily on store issued cards for the point of sale companies are divesting of the risk of credit cards...

Five Years On, Is Apple Pay Ready To Bloom At Last?

September 9, 2019

Digital Transactions  -  “The significance of Apple Pay is that it was, and still is, a catalyst to digitize payments in a secure manner. Moving from the magnetic stripe to tokenized digital transactions moved the industry past the...

Lost Your Credit Card? Do This

August 30, 2019

Forbes  -  In case of stolen credit cards filing a police report is a critical step; doubly important if your driver’s license was stolen, too, since that information could be used for financial #fraud or criminal impersonation....

Lost amid the Equifax and Capital One hacks: Identity thieves targeting kids with ‘blank slate’ credit histories

August 10, 2019

MarketWatch -  Use strong authentication for any open financial accounts your kids have, and set up new-transaction alerts to help you detect and resolve any unauthorized access to those accounts as early as possible, said Kyle Marchini, a...

Credit Card Data Breaches: How to Handle Them

August 9, 2019

Yahoo! Finance  -  Data breaches are a likely reason for the dramatic increases in identity fraud in recent years. A 2018 study from Javelin Strategy & Research reports that 6.64% of consumers became identity fraud victims in 2017...

BankThink Safeguard data on kids, reap customer retention rewards

August 5, 2019

American Banker  -  A 2018 report released by Javelin Strategy & Research found that more than one million children were victims of identity fraud in 2017. The widespread damage included total losses of $2.6 billion and more than...

ID theft stings, but it's hard to pin on specific data hacks

August 3, 2019

ABC News -  “Fraud just comes out of the blue, and there’s no way to identify where it came from or what I could have done to prevent that. That’s why fraud can be emotionally challenging

A fintech innovation that may be hard for traditional banks to swallow

June 26, 2019

American Banker  -  “Money is certainly emotional and banks have a great responsibility, as well as an opportunity, to help guide those emotions,” Jacob Jegher, senior vice president of banking and head of strategy at Javelin Strategy...

A key reason for digital-only banking

June 23, 2019

American Banker -  Through data insights, "banks are initiating advice in a new way, but banks have to think about what they are actually advising a customer about," Schwanhausser said. "They're good at telling you about your...