A private investigator is cautioning consumers that they’re sharing their smartphone numbers too often. There are a number of mobile phone security risks to which device users are exposing themselves every day without even knowing it. The result, says private investigator Thomas Martin who is a former Drug Enforcement Agency agent, is that consumers are providing third parties with access to a surprisingly large amount of information about themselves. The cause is an over-willingness of American consumers to share their phone numbers. Cell numbers have a direct link to our…
Read MoreTag: Javelin Strategy & Research
Mcommerce companies continually threatened by fraud
Although mobile commerce offers a tremendous opportunity for revenue generation, these threats are cutting into the bottom line. According to the results of a recent study that was conducted by Javelin Strategy & Research and LexisNexis, retailers are still hopeful to be able to generate revenue over the mcommerce channel, but they are struggling with fraud threats that run risks of $283 for every $100 that is actually lost to fraud over mobile. The study’s findings are showing that there is rapid growth being experienced over this channel. There is…
Read MoreSmaller banks and credit unions face broadening mobile banking gap
The most recent report issued by Javelin Strategy & Research has identified a broadening gap between the adoption rates of mobile banking at smaller banks and credit unions, and that experienced by much larger banks and financial institutions. The data from the research firm showed that among regional and community banks, only 21 percent of consumers are adopting mobile banking. Similarly, only 15 percent of consumers are using mobile banking at credit unions. Comparatively, 37 percent of the customers of very large financial institutions are adopting the behavior. Banking using…
Read More