Companies enabling online banking and digital payments are the most trusted by Americans
nCipher Security conducted a study, revealing that 28% of Americans think they have more control over their personal data compared to 2019. Although, 26% of them feel they have less control over personal data privacy or no control at all.
nCipher Security surveyed more than 1,000 American adults, 46% of which claim to have the same level of control over their personal data as they did a year ago. At the same time, 15% of people surveyed said to have no control over what happens with their personal data.
Meanwhile, 40% of US consumers said their trust is higher when they have an option to delete their data. Furthermore, 41% of them unveiled when they feel in control of their personal data, they have a greater sense of trust. 49% of Americans surveyed said they feel the company is safeguarding their personal data when it uses encryption.
SEE ALSO:
- Why do transactions fail? Major reasons explained
- Blockchain-based social media: top 7 platforms
- Top 5 financial platforms for the sharing economy
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.