In The News

Big banks are eager to take on PayPal’s Venmo money-transfer app, and they’re banding together in their efforts to do it. Last year, consumers transferred $379 billion through online and mobile, according to research firm Javelin Strategy...
Javelin's recently released 2016 Identity Fraud Report found that criminals, awash in stolen Social Security numbers, are switching their tactics — opening new accounts rather than using existing ones. The Javelin study found that new account...
"They cite a wealth of information and resources available to FIs [financial institutions] for managing cyber risk," Al Pascual says. "It would seem to me, in keeping with sound regulatory practice, that the FDIC would not further raise the...
Nerdwallet - Banks still make the lion’s share of U.S.-based personal transfers, wiring nearly $140 billion in person-to-person payments last year, according to analyst firm Javelin. Non-bank providers, including Western Union and MoneyGram, sent $...
The Huffington Post - Incidents of identity theft held fairly steady last year, according to a new report by Javelin Strategy and Research. It would seem with time-honored methods of ripping people off going the way of Bonnie and Clyde, fraudsters...
CNBC - The days of spotting an unauthorized charge on your credit card aren't over, but criminals have been increasingly focused on perpetuating a kind of fraud that's harder for consumers to spot and can be more difficult to fight — opening new...
American Banker - Bank of America's commitment to its digital banking platforms holds tremendous promise for the next generation of those channels, said Daniel Van Dyke, an analyst at Javelin Strategy & Research, which produces a mobile banking...

'Where's the Breach?'

January 28, 2016
BANK INFO SECURITY - The U.S. shift to EMV might help block more breaches, security experts say, although full EMV compliance remains years away. With no easy breach respite in site, experts say that more security-savvy consumers might make a move...

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