Comments
Consumers Warming to Alternative Payments
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Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
11/30/2014 | 10:15:09 PM
Re: What You Don't Know Will Probably Hurt You
Exactly. Who actually could explain how secure their bank is compared to any other? Part of that is because banks want to keep some of their security measures from becoming public knowledge so fraudsters don't find out about them. But we're at a point where every company is vulnerable, and customers are not well informed. I'm not sure how quickly that will change, but it has to.
Becca L
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Becca L,
User Rank: Author
11/29/2014 | 3:31:44 PM
Re: What You Don't Know Will Probably Hurt You
Great point, Jon. It's one thing to say you'll swich banks, it's another to be informed enough to do it, and to ultimately make a smart decision in the switch. Every bank will claim they have the best security measures, a customers might be switching to a less secure bank.
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
11/17/2014 | 4:32:08 PM
What You Don't Know Will Probably Hurt You
Consumers might switch retailers and abnks right away if they aren't using the best security measures, but consumers today are so unaware of what those best measures are, so they're not switching any time soon. There's so much public education needed on how to best secure one's online identity and payment credentials. A lot of businesses - never mind consumers - have no clue what EMV is.


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