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EMV migration myths: three lessons for the US market

Banking 2020

So what can the US market expect to happen after the liability shift? However, it’s not that simple: counterfeit fraud rose significantly in 2007 and 2008 as issuers saw a steep rise in cross-border counterfeit fraud. The US market is very different to those that have migrated to EMV before it. Counterfeit card fraud to drop.

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Why have millennials stopped saving?

Banking 2020

We have short memories, and when you turn on the news or listen to the media about the stock market being at an all-time high and unemployment going down, people think all is OK. In fact, we are in the same position we were in 2007 with the stock market at all-time high. What do you think?

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Five EMV lessons for the US

Banking 2020

In the UK, counterfeit card fraud at first fell sharply but then picked up in 2007 and 2008 as it shifted abroad. As has been the case in every market that has migrated to chip-and-PIN, fraudsters have sought the easiest method for perpetrating card fraud. Less face-to-face counterfeit fraud. Merchants may be slow.

US 40
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From Online to Mobile to Mobile-Only

Banking 2020

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. It almost seems inevitable.

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The Mother List of All Banking Books

Jeff For Banks

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

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