Today In Data: Banks Give Consumers Confidence Amid Data Breaches
Banks give consumers confidence that their data won’t fall into the wrong hands when they make purchases or reservations, thanks to investments in fraud detection and prevention. At the same time, these institutions have an opportunity to build on their reputations as trusted vaults to become co-pilots for their customers. In addition, authentication products are seeking to tackle illegal eCigarette sales through ID data points, biometrics and computer intelligence. And Tiffany & Co.’s revenues fell slightly below estimates for the third quarter, while New York City is a popular destination for brands looking to open their first pop-up shops.
500 million: The number of customer records reportedly breached at Marriott.
