Tuesday, January 27, 2015

Report: Card issuers leaving customer vulnerable to fraud via Apple Pay


Despite Apple putting great emphasis on building a secure payment system into its latest hardware offerings, it seems partnering banks and card issuers are still leaving customers open to fraud via identity theft thanks to weak checks when cards are added to Apple Pay. As a result, some card issuers are seeing fraud rates as high as $6 for every $100 spent...


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