Overview
‘Mobile Payment Data Security’ research offers the most in-depth assessment to date of the opportun4ities and challenges for the key fields of mobile data protection and payment authentication.
It assesses the impact of a range of recent legislation and industry standards, as well as providing a thorough analysis of the impact of secure hardware and cloud-based business models on the security space.
The research also provides industry benchmark forecasts for tokenisation, supplying key metrics for both in-person and remote transactions, covering:
- Tokenisation
- Contactless Payments
- Remote Payments
This research suite comprises:
- Market Trends & Opportunities (PDF)
- Market Sizing & Forecast Spreadsheet (Excel)
Key Features
- Sector Dynamics: Analysis of key trends and primary challenges across the payment security space, highlighting the impact of:
- Tokenisation regulation and standards
- Hardware evolution and considerations
- Regulatory and standards body changes to payments, including:
- PSD2
- FIDO2
- EMVCo Secure Remote Commerce
- Juniper Research Leaderboard: Provided for the payment data protection sector, with attendant heatmaps based scoring of 14 key players:
- Braintree
- Carta Worldwide
- EdgeVerve
- Fiserv
- Gemalto
- G+D
- IDEMIA
- Mastercard
- MeaWallet
- Micro Focus
- Protegrity
- Shift4
- Trustonic
- Visa
- With leading players across the mobile payment data security value chain, including:
- Gemalto
- IDEMIA
- MeaWallet
- Trustonic
- Benchmark Industry Forecasts: Provided for the size and growth of tokenisation, including:
- Contactless tokenised transactions volume and value
- Persistent and single-use tokens
- Remote tokenised transactions volume and value
- Persistent and single-use tokens
Key Questions
- 1. What forms of encryption and device security are being used to secure mobile payments?
- 2. What forms of tokenisation will be dominant in the future of the market?
- 3. Which markets will have the strongest adoption of mobile security practices, and why?
- 4. What impact will new regulatory requirements and standards have on payment security practices?
- 5. Who are the leading players in mobile transaction security, and what are their strategies?
Companies Referenced
- Interviewed: Fiserv, IDEMIA, Gemalto, MeaWallet, Trustonic.
- Profiled: Braintree, Carta Worldwide, EdgeVerve, Fiserv, Gemalto, G+D, IDEMIA, Mastercard, MeaWallet, Micro Focus, Protegrity, Shift4, Trustonic, Visa.
- Case Studied: Seven-Eleven Japan, Suprema.
- Mentioned: 3dcart, Abnote (American Banknote), Accenture, Advent International, African Banking Corporation, Airbnb, Allegacy Federal Credit Union, AllPay, American Express, Apple, ARM, Authasas, Axis Bank, Banco do Brasil, Bancolombia, Bancorp, BBVA, BigCommerce, BluePay, CardConnect, Chronos, Clover, Coin, Cornercard, Crossgate, Cybersource, Deliveroo, Discover Financial Services, Emirates NBD, EMVCo, Equity Bank, Ericsson, eServGlobal, Facebook, FIDO, First Data Corp, Fit Pay, Fitbit, Fortress Identity, Funkwerk AG, Garmin, Global Processing Services, Google, HealthCare First Credit Union, Hewlett-Packard Enterprise, HomeSend, HPB, Huawei, IBM, ICICI Bank, Idnow, Infosys, ING, Ingenico, Instagram, ISO (International Organization for Standardization). KB Kookmin Bank, KDB Bank, Konsentus, Kotak Mahindra Bank, Kount, Lighthouse Network, Lightning Network, Linaro, Lookout, Magento, Microsoft, Modest, Modulr, NBT Bank, New York Community Bank, NIST (National Institute of Standards and Technology), NXP, Oberthur Technologies, OpenCart, Pannovate, Payeezy, PayPal, PCI Standards Council, Pocket, Portland Local 8 Federal Credit Union, RakBank, Rambus, RCBC, RSA, SafeNet, Samsung, ShieldPay, Shinhan Bank, Shopify, ShopWare, ShopWired, Smartlink, Softonic, Square, Standard Bank, State Bank of India, Stripe, Synchrony, Telegram, Thales Group, T-Mobile, Trezor, Uber, Uganda Printing and Publishing Corporation, Uganda Security Printing Company, UnionPay, Venmo, Veridos, Verifi, vpnMentor, W2 Global, WhatsApp, White Label Alliance, WooCommerce, Xcelera, Yodel.
Data & Interactive Forecast
Juniper Research's ‘Mobile Payment Data Security’ forecast suite includes:
- Market splits for 8 key regions and by 13 key countries:
- Australia
- Canada
- China
- Denmark
- Germany
- Japan
- Norway
- Portugal
- South Korea
- Spain
- Sweden
- US
- UK
- Tokenisation adoption and transaction volume, split by:
- Contactless Tokenisation
- Remote Tokenisation
- Tokenisation value forecasts for each tokenisation channel, split by:
- Single-use Tokens
- Persistent Tokens
- Interactive Scenario tool allowing user the ability to manipulate Juniper Research's data for 8 different metrics.
- Access to the full set of forecast data of 27 tables and over 4,000 data points.
Juniper Research's highly granular interactive Excels enable clients to manipulate Juniper Research's forecast data and charts to test their own assumptions using the Interactive Scenario Tool, and compare select markets side by side in customised charts and tables. Ifxls greatly increase clients' ability to both understand a particular market and to integrate their own views into the model.
Table of Contents
1. Mobile Payment Security: Threat Landscape
- 1.1. Introduction
- 1.1.1. Definitions & Report Scope
- 1.2. Ecosystem Outline
- Figure 1.1: Possible Threat Channels
- 1.3. Mobile Fraud Trends
- 1.3.1. Social Media
- Figure 1.2: Example of Social Media Fraud
- 1.3.2. Rogue Apps
- Figure 1.3: Cloned Banco do Brasil Website
- Figure 1.4: Trezor Fraudulent Cryptocurrency Wallets Available on Google Play
- 1.3.3. On-demand Services Platforms
- 1.3.4. Synthetic Identity: Fastest Growing Financial Crime in the US
- i. Use of Stolen Biometrics Information
- Figure 1.5: Prices of Stolen Identities
- Case Study: Suprema's Biometric Data Breach
2. Payment Data Protection
- 2.2. Tokenisation
- 2.2.1. EMVCo Dominance Shaping & Accelerating the Space
- 2.2.2. eCommerce & Interoperability
- 2.3. P2PE (Point to Point Encryption)
- 2.3.1. White-box Cryptography
- 2.4. AI (Artificial Intelligence)
- 2.4.1. Onboarding
- 2.4.2. Transaction Behaviours
- 2.4.3. Network Defences
- 2.5. Payment Data Protection Challenges
- 2.5.1. GDPR
- 2.5.2. On-device vs Cloud Storage
- i. On-device Security: TEE vs SE
- 2.5.3. Identity
3. Payment Data Protection: Competitive Landscape
- 3.2. Vendor Analysis & Juniper Research Leaderboard
- 3.2.1. Vendor Assessment Criteria
- Table 3.1: Mobile Payment Data Protection Vendor Assessment Criteria
- Table 3.2: Juniper Research Payment Data Protection Leaderboard Scoring Matrix: Capability & Capacity vs Product & Position
- Figure 3.3: Juniper Leaderboard for Payment Data Protection Providers
- 3.2.2. Vendor Groupings
- i. Summary
- ii. Established Leaders
- iii. Leading Challengers
- iv. Disruptors & Emulators
- 3.2.3. Limitations & Interpretation
- 3.3. Payment Data Protection Movers & Shakers
- 3.4. Vendor Profiles
- 3.4.1. Braintree
- i. Corporate
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.2. Carta Worldwide
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.3. EdgeVerve
- i. Corporate
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.4. Fiserv
- i. Corporate
- Table 3.4: Fiserv Financial Snapshot ($bn) 2016-2018
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.5. Gemalto
- i. Corporate
- Table 3.5: Gemalto Financial Snapshot, (m) 2016-2018 (FYE 31 st December)
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.6. Giesecke+Devrient
- i. Corporate
- Table 3.6: G+D Financial Snapshot, (m) 2016-2018 (FYE 31st December)
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.7. IDEMIA
- i. Corporate
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.8. Mastercard
- i. Corporate
- Table 3.7: Mastercard Financial Performance Snapshot ($m), 2016-2018
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.9. MeaWallet
- i. Corporate
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.10. Micro Focus
- i. Corporate
- Table 3.8: Micro Focus Financial Snapshot ($m), FY 2016-2018
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- Figure 3.9: Micro Focus Strategic Partners
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.11. Protegrity
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- Figure 3.10: Protegrity Partners
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.12. Shift4
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.13. Trustonic
- i. Corporate
- Table 3.11: Trustonic Financial Snapshot, ($m), FY2015-2017 (YE 31 st December)
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
- 3.4.14. Visa
- i. Corporate
- Table 3.12: Visa Financial Performance Snapshot, ($m) FY2016-2018 (FYE 30 th September)
- ii. Geographic Spread
- iii. Key Clients & Strategic Partnerships
- iv. High Level View of Offerings
- v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
4. Forecast Assumptions & Methodology
- 4.1. Tokenisation Forecast Assumptions
- Figure 4.1: Contactless Mobile Payment Tokenisation Methodology
- Figure 4.2: Remote Mobile Payment Tokenisation Methodology
5. Tokenisation Forecasts
- 5.1. Contactless Tokenisation
- 5.1.1. Contactless Token Volume
- Figure & Table 5.1: Number of Contactless Mobile Payments that are Tokenised per annum (m), Split by 8 Key Regions, 2019-2024
- 5.1.2. Contactless Tokenisation Revenue
- Figure & Table 5.2: Contactless Tokenisation Revenue per annum ($m), Split by 8 Key Regions, 2019-2024
- 5.2. Remote Tokenisation
- 5.2.1. Remote Tokenisation Adoption
- Figure & Table 5.3: Proportion of Remote Mobile Transactions Using Tokenisation (%), Split by 8 Key Regions, 2019-2024
- 5.2.2. Remote Tokenisation Volume
- Figure & Table 5.4: Number of Remote Mobile Payments that are Tokenised per annum (m), Split by 8 Key Regions, 2019-2024
- 5.2.3. Remote Tokenisation Revenue
- Figure & Table 5.5: Remote Tokenisation Revenue per annum ($m), Split by 8 Key Regions, 2019-2024
