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Google Wallet security compromised with the use of simple brute force programs

Google Wallet security compromised with the use of simple brute force programs

Google’s ambitious endeavor to become a major force in the emerging industry of mobile commerce has been going well. The company’s Google Wallet mobile payment application has been well received amongst consumers with NFC-enabled smart phones. There may be a problem, however, with the security of Google’s system. The acclaimed technology company has been adamant in their claims that NFC transactions with Google Wallet are entirely safe, as the application boasts of a number of … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Commerce Security, Mobile Payments, Near Field Communications

Safety techniques for the use of QR codes

Safety techniques for the use of QR codes

Until a QR code is scanned, there is no way to know for certain where it will redirect a smartphone or tablet user, meaning that there is some risk that unethical individuals will use the barcodes to add a malicious code to the user’s mobile device. Fortunately, there are some ways for concerned mobile device users to protect themselves against website links with malevolent codes and infected app downloads. iPhone users don’t need to worry as heavily, … Read entire article »

Filed under: Mobile Commerce, Mobile Marketing, QR Codes, United States

Electronic pickpocketing may be a major risk for NFC-enabled mobile devices

Electronic pickpocketing may be a major risk for NFC-enabled mobile devices

As more major financial and technology companies investing in near-field communication (NFC), mobile commerce may soon become a major part of the worldwide society. With commerce evolving, new dangers are being discovered that put people’s money at risk. NFC technology, essentially, transforms any smart phone into a mobile payment device by enabling that mobile device to store its owner’s financial information. Smart phones are popular targets for theft, but today’s criminals are adapting to a … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Payments, Near Field Communications

NFC-driven mobile commerce may be the future, but may also be unsafe

NFC-driven mobile commerce may be the future, but may also be unsafe

Mobility seems to be the future of commerce. For several years now, electronic commerce has been growing into a formidable force in the world of business. With companies like Amazon and eBay catering almost exclusively to digital consumers, the viability of electronic commerce has become an unavoidable part of the business world. The world of commerce is currently in a state of flux thanks to the rapid advance of mobile technology. With more consumers encapsulating … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Marketing, Near Field Communications, United States

Cloud based fraud detection flying high for mobile users safety

Cloud based fraud detection flying high for mobile users safety

An emerging provider of fraud prevention solutions in cloud based services did a joint study to see how customers felt about sharing their mobile location with a company. Over half of the consumers interviewed stated they were willing to share the information, if it meant being better protected from online fraud activities. The majority preferred sharing their info with banks, and reputable third party security monitors came in second. ThreatMetrix is a growing business that … Read entire article »

Filed under: Featured News, International, Mobile Commerce, United States