MAITLAND, Fla. – According to a recently released Star Systems survey, about 50% of Web shoppers would spend more online if new security technologies were in place. Approximately three-quarters of respondents said they shop online, but worry about security, and one-third of them said they limit their online purchases because of security fears. Star released the survey alone with a new white paper on identification and authentication challenges faced by financials and retailers online and in traditional sales venues. Survey respondents said the most amount of money they would spend on a single transaction online is $424.90, compared with $812.10 at physical locations. For 45% of respondents, better Web security still wouldn’t spur them to spend more online, however 36% said they would. “The need for a party to be certain who is on the other end of a transaction has never been greater. Nor, with the advent of the Internet, has it ever been more problematic,” stated the white paper. “Many consumers are leery of sharing information on the Internet and e-commerce retailers face losses for the value of any fraudulent purchases.” [email protected]

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.