If you’re reading my posts, I’m sure you think and read about data compromise continuously. Nevertheless, an article in today’s PaymentsSource raised my consciousness around the concept of “Data Beach Fatigue” facing many consumers.
As consumers, are we becoming numb to the news of data breaches, and simply tuning-out and ignoring when the latest data breach announcement is made? How can we keep consumers vigilant about protecting their data in the face of compromise from so many directions without instilling a level of paranoia that motivates them to turn to the barbarian ways of the past (paying with cash and stuffing their mattress with greenbacks)?
Read more: Stolen Data’s Speed Threatens Unaware Merchants http://www.paymentssource.com/news/paythink/stolen-data-speed-threatens-unaware-merchants-3021903-1.html
“Entrepreneurs can build businesses by asking why something works as it does, and then explore better solutions,” says Square Founder Jack Dorsey.
Read more here: http://www.miamiherald.com/news/business/article25540753.html
The new platform is called Google for Education Training Center and builds upon a recent survey by the American Federation of Teachers which found that 71% of educators and administrators surveyed cited “adoption of new initiatives without proper training or professional development” as a primary source of stress in their work lives.
Consumers increasingly handle finances everywhere and anywhere, Chase survey shows.
Digital banking technology keeps making it much easier for U.S. consumers to manage their finances on the go. So easy, in fact, that a third of them bank on their phone and online more than a year ago — and many are doing it at work, at the store or even while on a date.
“They love the ease of handling their routine banking online, on their phone and at an ATM.”
The Chase survey found:
- More than half (54%) use their mobile banking app at work. One in 10 checked it during a client meeting.
- Many use it at a restaurant (39%), in a check-out line at a store (38%) and during a date (17%) – likely to ensure there’s enough to avoid an embarrassing situation.
- They’re also checking it during coffee or smoking breaks (37%), commuting (28%) and waiting to pick up a child from school (24%).
Judging by this advertisement playing on U.K. television, the U.S. Postal Service may be overlooking an opportunity to move into new revenue streams to replace the diminishing impact of snail mail.
In addition to financial services, the U.S. post office could follow the example of the U.K. post office and offer a wide range of insurance, phone and broadband, licensing, travel, and business services.