Online Financial Innovations
Finovate Spring 2010     Finovate Fall 2010
About Us  |  Contact Us  |  Login  
Search Reports
Browse Research Subscribe/Renew Resources Trial Offers My Account View Cart
Issue Details
SUBSCRIBE
Overview
All-Access Advisor
All Access
Online Banking Report
Research Database
REPORTS
Browse Research
Online Banking Report
Research Database
Latest Report
Reports by Year
Special Reports

Credit Monitoring Services

The robust business case for financial institution distribution

Author
Jim Bruene

Published
Aug. 15, 2007; OBR 144/145

Pages
44

Format
PDF, printed, Word

Size
1.8MB

Table of Contents
Click the following icon to download the Table of Contents:
Table of Contents
ORDER SINGLE REPORT
Included with subscription. Read more.
Alternatively via phone: +1 206 517 5021
Or by email: info@onlinebankingreport.com
For an explanation of pricing, click here.
100% Satisfaction Guarantee

Abstract: Financial fraud and identity theft have had a great run in the media during the past five years. While the hysteria has subsided a bit, security remains top of mind with consumers around the world. Worldwide, tens of millions of users have been victimized by financial fraud. Much of it involving credit and debit cards. The cost to consumers and financial institutions runs in the tens of billions annually. And it’s not just the money involved. Victims of fraud, especially those impacted by full-bore identity takeover, experience substantial disruptions as they work through the tedious process of clearing their names and restoring their credit files. In extreme cases, victims have been denied jobs, insurance coverage, and loans. All this attention to security provides financial institutions with an excellent opportunity to position themselves as the universal “fraud protector,” delivering peace of mind for a reasonable price. And by helping users detect fraud early on, you reduce your own exposure. It’s a true win-win.

Companies mentioned: Affinion (Cendant/Privacy Guard), Bank of America, Equifax, Experian, Fair Isaac (MyFICO), Intersections Inc (Identity Guard), Mighty Net, National City Bank, PayPal, SunTrust, TransUnion (TrueCredit)


Search Reports by Topic

Home | Subscribe | Reports | WebCheck | Privacy | About Us | Finovate Conferences
Online Banking Report © 1995 to 2010, Online Financial Innovations. All rights reserved.
Contact via e-mail or +1 206 517 5021. Site credits.