Research/analysis

1679 articles tagged with this keyword

/Research/analysis

Hackers steal 285m electronic records in 2008 - Verizon

Hackers stole 285 million electronic records in 2008, more than in the previous four years combined, with the vast majority of breaches targeting the financial services industry, according to a study from Verizon.

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Visa selects Malaysia for first commercial contactless m-payments service

Visa has teamed with Malaysia's Maybank, wireless carrier Maxis and handset manufacturer Nokia to launch its first commercial contactless mobile payments service.

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US m-banking take-up hindered by security and cost concerns - survey

Just nine per cent of Americans have used their mobile phones for banking with cost and security concerns presenting major obstacles to adoption, according to a survey from KPMG.

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Irish e-banking take-up soars

The popularity of online banking in Ireland has soared over the last year, with 2.2 million customers now registered, a 28% increase on the previous year.

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Online banking bill payers are more profitable and loyal - study

Bank customers who pay bills online are over 15% more profitable and 76% more loyal than those that don't, according to a study sponsored by Fiserv.

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PayPal UK's favourite financial Web site

PayPal has seen the number of visitors to its UK Web site rise by 50% over the last 12 months, strengthening its position as the country's most popular financial portal.

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40% of small to mid-size North American banks not happy with ACH system - survey

Almost 40% of small and mid-sized banks in North America are not happy with their current ACH system, according to a survey for Fundtech.

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Payments fraud rampant in US organisations - survey

Over 70% of US firms were victims of attempted or actual payments fraud in 2008, according to a survey from the Association for Financial Professionals (AFP).

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MasterCard issues 50 millionth PayPass device

The growth of contactless payments continues apace with MasterCard issuing its 50 millionth PayPass device late last year, a doubling of the amount in circulation in just 12 months.

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M-banking users to hit 900 million by 2014 - study

Global mobile banking take up is set to soar over the next five years, with the number of people using the technology growing from 20 million in 2008 to 913 million in 2014, a CAGR of 89%, according to Berg Insight.

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E-banking draws half of online US population

Around half of all American adults who use the Internet also bank online, according to research from HSBC Direct.

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Contactless m-commerce fails to take off

The development of contactless mobile payments has failed to live up to expectations and the technology will account for just a fraction of the value of commerce transacted over cell phones this year, according to data from ABI Research.

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Isitc members feel the pain as crisis deepens

Financial industry association Isitc is reporting deep cuts in IT and staffing at member firms as the global economic crisis bites.

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Financial fraud hit 7.5% of Americans in 2008 - Gartner

Around 7.5% of US adults lost money to financial fraud last year, with a string of high profile data breaches the main cause, according to a survey from Gartner.

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Researchers crack e-banking card readers

Researchers from Cambridge University say they have found "numerous weaknesses" in the security of one-time-password generating card readers used for authentication in online banking.

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Recession to hit mobile remittance market - Juniper

With the global recession expected to lead to a contraction in the the number of migrant workers, Juniper Research has slashed its projections for the size of the mobile money transfer market by 50%.

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Apacs disputes erroneous CPP card fraud claims

Over 12 million Brits - one in four of the population - have fallen victim to credit or debit card fraud, according to a report from life assistance company CPP. However the figures - initially presented as a year-on-year number - have been labelled "wildly out of line" by payments association Apacs.

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US financial services IT spending declines for first time in history

Technology spending by US financial services firms is declining for the first time in history, as projects are scrapped and delayed during the economic downturn, according to research from TowerGroup.

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UK fraud up 16% in 2008 - Cifas

Fraud in the UK jumped nearly 16% in 2008, with 214,342 cases identified throughout the year as recession-hit Brits turned to crime "to make ends meet", according to Cifas.

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Financial firms failing to secure documents delivered online - survey

Just a third of financial institutions sending confidential documents to third parties via the Internet are using a secure electronic delivery system, according to a survey from Wolters Kluwer Financial Services.