The American Banker published a BankThink, Informed Opinion article titled Data Breaches May Drive Consumers Back to Cash. The article was authored by Douglas Ceto - CEO and Founder of CetoLogic and published August 20, 2014.
Douglas Ceto argues that cash is still the preferred method of payment of consumers, especially in the wake of multiple data breaches. He suggests financial institutions should reconsider promoting card usage for every purchase because of the high the risk of consumer's accounts and identity being attacked - not to mention the cost the financial institution incurs every time a breach occurs.
To read the article, Click Here or or copy and paste the following URL into your internet browser: http://www.americanbanker.com/bankthink/data-breaches-may-drive-consumers-back-to-cash-1069505-1.html
American Banker is one of the most respected publications in the industry. CetoLogic is very excited to be represented in such a prestigious publication.