Digital Identity Tracker

DIGITAL IDENTITY TRACKER – JANUARY 2017 EDITION

The PYMNTS.com Digital Identity Tracker™ is a forum for framing and addressing key issues and trends facing the entities charged with efficiently and securely identifying and granting permission to individuals to access, purchase, transact or otherwise confirm their identity.

INSIDE THE JANUARY TRACKER:

Profiles of 86 players.

The latest news and headlines from around the space.

A conversation with Avoka CMO Don Bergal on the challenges of protecting financial institutions in an increasingly digital world.

socure news

PAST TRACKERS

January 2017

40%

Attack rates rose by 40 percent in Asia in 2016, with China seeing the most attacks of any country in the region.
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december 2016

60%

Card-not-present fraud accounts for more than 60 percent of fraud in Europe.
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november 2016

$100B

IDC Spending Guide predicts total revenue for the industry will top $100 billion by 2020.
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october 2016

$70M

Ant Financial purchases EyeVerify for $70 million.
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September 2016

$15M

Jumio raises $15 million in financing round.
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AUGUST 2016

12

CardinalCommerce announces 12 new patents.
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JULY 2016

70%

A study from SecureAuth Corporation found that over 70 percent of British internet users would rather enhance internet speed over digital security.
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june 2016

52%

of consumers said they would prefer biometrics and “modern authentication methods.
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may 2016

$360M

Experian, a global information services provider, announced that it had purchased the CSIdentity Corporation for a sum of $360 million.
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april 2016

67%

of branded credit cards now contain EMV chips.
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march 2016

80-100%

Percentage online fraud increased in the 3-year period following the adoption of EMV in Australia, Canada and the U.K.
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FEBRUARY 2016

16B

(BILLION) MOBILE BIOMETRIC PAYMENTS EXPECTED TO BE MADE IN 2016.
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JANUARY 2016

120M

customers using mobile biometrics
on a daily basis for their financial transactions.
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DECEMBER 2015

60M

BANK OPERATING MARGINS THAT COULD BE OVERTAKEN BY STARTUPS IN THE NEXT DECADE.
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SEPTEMBER 2015

80M

(MILLION) PEOPLE AT RISK IN THE 2015 SECURITY BREECH OF ANTHEM.
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AUGUST 2015

$36B

(BILLION) Hardware encryption market will reach $36 billion in 2015.
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JULY 2015

41%

of health care records aren’t encrypted in any way, making them an easy target for the fraudsters.
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JUNE 2015

70M

NUMBER OF PRIVATE CUSTOMER ACCOUNTS compromised IN 2013.
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MAY 2015

140

NUMBER OF COUNTRIES OT’s international network serves.
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APRIL 2015

$40B

in losses from unauthorized employee use of computers in 2014.
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