Would consumers pay $13 a year for a safer debit card?

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
23 June 2017
American Banker

Banks reap certain benefits from the safer cards, even though the industry is not on the hook when compromised cards are used to make online purchases. For example, banks absorb the cost of reissuing cards when fraud occurs. In addition, some consumers may be less likely to use a particular card after it has been breached.

“While these cards have clear benefits to the bank,” Zilvinas Bareisis, a senior analyst atCelent, said in an email, “those have to be weighed against their usually relatively high costs.”

Click here for the entire article.

News article details

Sector
Banking, Corporate Banking, Retail & Business Banking
Media Type
In the News
Location
Asia-Pacific, EMEA, LATAM, North America