Consumers Fraud Fears Hindering mPayment?

Click here to download your free copy of ThreatMetrix’s latest study.

Increasingly, U.S. consumers are turning to new online technologies and social media tools to engage in a variety of transactions. While they may offer more convenience, they also pose potential risks to the security of personal information and financial assets.

Do consumers understand these risks and, accordingly, are they taking appropriate precautions?

A recent study by ThreatMetrix and The Ponemon Institute, “Mobile Payments & Online Shopping Survey of U.S. Consumers,” focused on issues relating to consumers’ attitudes and concerns about mobile payments, mobile banking, ecommerce, social network shopping and online government payments.

Among the findings you’ll learn in this executive summary are:

 

• Average time spent on the internet is 24 hours per week

• 57 percent of people make online purchases daily or weekly

• 74 percent are concerned or seriously concerned about fraud when shopping onlne

• 72 percent worry about becoming a victim of online fraud

 

Learn more on U.S. consumers’ attitudes and concerns about mobile payments, mobile banking, ecommerce, social network shopping and online government payments in this free Executive Summary, “Mobile Payments & Online Shopping Survey of U.S. Consumers. Read More


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Digital transformation has been forcefully accelerated, but how does that agility translate into the fight against COVID-era attacks and sophisticated identity threats? As millions embrace online everything, preserving digital trust now falls mostly on banks and FIs. Now, advances in identity data and using different weights on the payment mix afford new opportunities to arm organizations and their customers against cyberthreats. From the latest in machine learning for fraud and risk, to corporate treasury teams working in new ways with new datasets, learn from experts how digital identity, together with advances like real-time payments, combine to engender trust and enrich relationships.

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