Research/analysis

1389 articles tagged with this keyword

/Research/analysis

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.

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Faster Payments stalls among non-clearing banks

The UK's Faster Payments service has had a successful start among the founding clearing banks since its launch last May but adoption of the system by other financial institutions has been disappointing, according to a survey from MPI Europe.

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US financial institutions hit by 78 reported data breaches last year

Reported data breaches in the US during 2008 were up 47% on the previous year, to 656, of which 78 affected financial institutions, according to a study from the Identity Theft Resource Center (ITRC).

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Mobile banking numbers to hit 150m by 2011 - report

Over 150 million people in developed markets will be using their mobile phones as an additional banking channel by 2011, according to a study from Juniper Research.

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North American bank IT spending to grow in 2009 - Celent

Despite the economic gloom, spending by North American banks on IT will continue to grow in 2009, up 1.7% on 2008 to hit $50.3 billion, according to a report from Boston-based analyst Celent.

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Global financial services tech spending to fall - Celent

Global IT spending by financial services firms will slip 1.3% in 2009, to $353.3 billion, as firms tighten their belts during the economic crisis, according to Boston-based analyst Celent.

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Brits find cash more compelling argument for online billing than fraud - survey

Firms looking to convert customers to online billing should eschew security and environmental arguments in favour of offering cash incentives, according to a survey for electronic bill presentment and payment (EBPP) outfit OneVu.

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Crisis exposes banks' weak risk management practices - Ernst & Young

The economic crisis has exposed inherent weaknesses in the risk management practices of banks, but few have a well-defined vision of how to tackle the problems, according to a study by Ernst & Young.

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US e-tailers to lose $4bn to fraud in 2008 - CyberSource

US e-commerce merchants expect online fraud to cost them a record $4 billion this year, up from $3.7 billion in 2007, according to a survey from electronic payments outfit CyberSource.

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ID theft fears drive support for biometric verification

Over two thirds of people would be willing to undergo fingerprint scans to verify their identities when dealing with banks and government organisations, according to a global survey from Unisys.

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US small businesses want mobile banking - Aite

US small business owners are showing a growing interest in mobile banking, with around a third saying they are likely to use such services, according to a survey from Boston-based consultancy Aite Group.