Tag: Research
Over 69% of firms boost security spending amid rising online threats
Infosecurity Europe 2024 has unveiled critical findings from its recent research into cybersecurity budget trends across organisations.
Financial crime prevention spend to exceed $28bn by 2027
Global software spend on financial crime prevention tools will exceed $28.7bn by 2027, up from $22.1bn in 2023, Juniper Research claims.
Fraud fears are up with nearly 60% of consumers
Over half 59% of consumers are more concerned about becoming a victim of fraud now compared to how they felt in 2021, according to a report from Paysafe.
12% of UK consumers have fallen victim to payments fraud over...
More than one in ten people in the UK (12.1%) have been the victim of payments fraud in the last four years, according to new research from global payments company ACI Worldwide.
Just 15% of financial firms monitor WhatsApp. despite rising fines for...
Just 15% of financial firms are monitoring WhatsApp at all, despite rising levels of fines for communication monitoring failings, according to a report from SteelEye.
90% of financial services see rising compliance costs – SteelEye survey...
Nine in ten financial services firms have reported an increased compliance cost over the past five years, with 10% saying costs have doubled, according to research from RegTech firm SteelEye.
43% of large financial institutions have adopted open banking
Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.
Biometric authenticated mobile payments to reach $1.2trn value
The global value of biometrically authenticated remote mobile payments are expected to reach $1.2trn by 2027, rising from $332bn in 2022, according to new findings from Juniper Research.
67% UK adults expect banks to foot the bill of fraud
Two-thirds of UK adults expect their bank to pay the bill in its entirety if they were the victim of fraud, regardless of the amount lost, a report from Akamai Technologies has found.
40% of banks in panic mode as unprepared for effective data...
Four in ten banks and financial services lack necessary infrastructure for a strong data foundation and 37% of firms are still reliant on manual data processes, global data and analytics software company Quantexa revealed.
