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Avivah Litan Quotes
«Banks are relying on the online channel for the lower communication cost. But as consumers start to think that they can't trust email anymore, companies will lose that channel.»
Author: Avivah Litan
«It's like a schizophrenic story. It's their No. 1 concern, but it's the bigger companies who can do something about it. Sometimes the cost of implementing these systems is higher than [credit card] fraud service and, depending on the price guarantee, small merchants might not want to buy it.»
Author: Avivah Litan
«It's much more convenient than anything else available to consumers,»
Author: Avivah Litan
«You need a bank-owned consortium to pull [the development of such a standard] off,»
Author: Avivah Litan
«The free credit report thing is basically a farce. It only tells you very specific information about your situation at a point in time.»
Author: Avivah Litan
«Anthrax woke everyone up to say, 'Maybe we should do this stuff online,' »
Author: Avivah Litan
«The only reason they don't check these things is because they forgot about it. Really, I'm furious.»
Author: Avivah Litan
«It's not negligence. It's just kind of being asleep at the wheel when business is running smoothly, and then you get hit.»
Author: Avivah Litan
«I would say it's probably the cause of 70 percent of (cash machine card) fraud.»
Author: Avivah Litan
«If consumers aren't using it, no [companies are] going to call them.»
Author: Avivah Litan