Welcome to the News View for "Javelin Strategy and Research".
Here, on these archive pages, you'll find all of the articles on Payments News for Javelin Strategy and Research listed in date sequence beginning with the most recent article at the top of the page.
Javelin says "that conditions are growing ripe for potential widespread consumer use of mobile devices to send payments between one another: smartphones are now used by 17 percent of consumers, mobile banking is used by many, and use of the internet for banking and shopping has been common for years. These are just some of the conditions that have created an increased likelihood that consumers will soon begin to use mobile person-to-person (P2P) transfers."
"This Javelin research report makes use of consumer data analyzing the propensity to use prepaid products, and also in-depth interviews with prepaid program managers at financial institutions and other third parties to understand the key components of a prepaid processing relationship and how prepaid program managers must approach the establishment of such a relationship. "
"With the majority of financial institutions in compliance after the frenzied rush to meet the authentication requirements of the 2005 FFIEC Guidance, a number of financial institutions have relaxed into a satisfied mode. Compliance is not security, however, and complacency increases risk. Weaknesses have already been proven for widely adopted methods such as mutual authentication and device recognition."
Javelin Strategy & Research has published a new report on mobile person-to-person (P2P) payments and transfers that outlines target consumer segments, obstacles and drivers for product adoption, and detailed case studies of three mobile P2P payment models from PayPal, Obopay and mChek. According to the report, most consumers want high-speed transactions, but only one in ten consumers is willing to adopt mobile P2P payment services.
Javelin Strategy and Research has published its 2008 Identity Fraud Survey Report finding that identity fraud is declining in most parts of the United States with a losses down about 12 percent over 2006. Javelin's James Van Dyke notes, however, that "there's a catch. In a back-to-the-future scenario, there was a sharp increase in "old-fashioned" mail and telephone fraud, including Vishing. These methods grew from 3% to 40%, pointing to thieves’ new creativity in gathering personal information by mail and telephone."
Javelin Strategy and Research has announced its "2007 Card Issuers’ Identity Safety Scorecard" - including describing "the security features of a dream credit card that put consumers in the driver’s seat when it comes to protecting them from identity fraud and knowing exactly what’s happening with their accounts. Javelin also announced the top credit card issuers that provide the best features that prevent, detect and resolve identity fraud."
Javelin Strategy & Research has announced a new report titled "Mobile Payments Forecast: Contactless Evolution Flounders Without Heightened Attention to Merchants And Wireless Carriers" by analyst Bruce Cundiff.
Javelin Strategy & Research has announced new research that it says "uncovers significant product marketing requirements for building banks' consumer usage of mobile services. While consumers are better primed for mobile banking now than they were in 2000, financial institutions (FIs) should not consider the mere availability of mobile banking a guarantee of success. FIs should prepare for measured, rather than widespread and immediate, adoption, even though consumers, handsets and mobile networks have made tremendous advancements."
Javelin Strategy & Research has published a new report titled "Expedited Bill Payments Forecast 2007 to 2009: Effective Strategies to Create Revenue and Enhance Relationships" (Preview PDF) that examines the future of expedited bill payments—services that enable consumers to make last minute bill payments—and how they represent a viable revenue opportunity for billers and financial institutions.
Javelin Strategy & Research has released its 2007 Identity Fraud Survey Report, saying it provides "compelling new information about the reduction of identity fraud across the United States, while also identifying important risk differentiators between age and income demographics." According to the report, identity fraud has declined by about 12 percent over the previous year - that translates into a total fraud reduction of $6.4 billion according to Javelin. The survey is co-sponsored by CheckFree, Visa and Wells Fargo & Company.
Javelin Strategy & Research has released a new report titled "Interactive Financial Messaging™" showing "how financial institutions can improve customer convenience and loyalty by using new interactive technologies to give consumers more control over their accounts."
Javelin Strategy & Research and the Council of Better Business Bureaus have released some of the results from their 2006 Identity Fraud Survey reporting that "that despite growing fears the growth of identity fraud is contained and that data compromise through the Internet is actually less severe, less costly and not as widespread as previously thought."
Javelin Strategy & Research has released its second annual Online Banking Safety Scorecard which ranks 28 banks on their consumer-facing online identity fraud prevention, detection and resolution capabilities with respect to how well the banks protect consumers and allow consumers to protect themselves.