article thumbnail

EMV migration myths: three lessons for the US market

Banking 2020

Fraud from counterfeit cards in the UK declined 56 per cent from 2005 to 2013. But card-not-present fraud increased 79 per cent from 2005 to its peak in 2008. France in particular has seen a big jump in CNP fraud and actually overall fraud rose post-EMV because of the shift.

US 40
article thumbnail

Top Performer: Retail-Funded Bank Model

Banking 2020

A recent study by the Bank of International Settlements (BIS) has placed retail-funded banks in a new and even more positive light. The study consisted of 222 lenders for the period 2005-2013 which found that commercial banks that are funded mainly by retail deposits have the highest average return on equity (ROE) of 12.5%

Retail 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are brainwaves the future of biometric authentication?

Banking 2020

Back in 2005, a Malaysian man had his finger cut off by thieves who wanted to get round the fingerprint security system protecting his Mercedes. However, even biometric ID can be beaten. It’s been possible for hackers to steal fingerprints using a camera, while criminals have used fake fingerprints to defeat Apple’s TouchID.

article thumbnail

Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

It reached its pinnacle of 41% in 2005, before plummeting to an all-time low of 19% in 2009 (FIGURE 2). According to a recent Gallup poll on “ Honesty and Ethics in Professions ,” the public’s view of bankers from a trust perspective has never been very high.

article thumbnail

The Mother List of All Banking Books

Jeff For Banks

Manias, Panics, and Crashes: A History of Financial Crises 2005 John Jay Knox Knox, John Jay A History of Banking in the United States 2017 Timothy Koch Koch, Timothy Bank Management (8th ed.) Bye Bye Banks: The End of Community Banking as an Engine of Economic Growth 2010 Robert H. 2014 John A.

America 78