Tag: mobile commerce security

Cost of mobile commerce fraud is on the rise

Stephen Vagus
phishing attacks

Fraud is becoming a major problem for the mobile commerce industry The impact of fraud in the mobile commerce world is growing. According to a new study released by LexisNexis, fraud is becoming a major problem that those invested in mobile commerce may have to take steps to address. The study shows that the cost of fraud is beginning to escalate, which could lead to serious problems for merchants and consumers that are actively involved in the mobile commerce space. If fraud continues to grow, it may also attract the…

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Mobile security to gain momentum in coming years

Stephen Vagus
Mobile Security

Mobile security may have a big year in 2015, driven by interests in the mobile commerce field Mobile security is likely to become more important this year, especially as more people begin to participate in the mobile commerce space. A new report from TechNavio shows that the global mobile security market is beginning to gain momentum. More businesses are placing a strong focus on mobile security, especially those in the retail space that accept mobile payments. In the coming year, security may become a major priority for businesses throughout the…

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MasterCard to bolster mobile payments in India

Jennifer Goula
NFC mastercard Facebook Messenger QR codes

MasterCard forms agreement with Gujarat government to accelerate adoption of mobile commerce MasterCard has announced that it has formed an agreement with the Indian state of Gujarat, adding the state government to a portfolio of 44 other such entities that MasterCard has in its portfolio. Per the agreement, the state government and MasterCard will work together to accelerate the adoption of mobile payments. The two organizations will work alongside one another to encourage businesses, transit authorities, and other governments to embrace mobile commerce. India continues to be one of the…

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New report shows that mobile commerce continues to experience strong growth

Jorge Gonzalez
mobile shopping confidence trends

Report highlights that growing smartphone ownership is leading to more growth in the digital commerce space Transparency Market Research has released a new report concerning the mobile commerce market. The report highlights the fact that the mobile commerce space has experienced strong, continuous growth over the past several years. More consumers are beginning to shop for products online with their smartphones and tablets, and this practice is becoming a very powerful force in the retail industry. In the coming years, mobile shopping and payments will become more commonplace. People are…

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Mobile payments reach new heights during the holidays, but danger of fraud still lingers

Sam Lambert
UK mobile commerce - Woman with shopping bags on mobile

New report sheds light on performance of mobile commerce while also highlighting security issues Online fraud and abuse protection provider Iovation has released a new report concerning the performance of mobile commerce over the past holiday shopping weekend. The report notes that consumers made use of their mobile devices when shopping on Black Friday and Cyber Monday, taking advantage of retail opportunities offered specifically to mobile consumers. Iovation found that, in some cases, people fell prey to fraud, particularly identity theft and complete takeovers of their mobile shopping accounts. Some…

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