Worries over privacy and security in mobile

Mobile Commerce

Throughout this year, there will be a great deal of movement toward enforcement in the privacy and security areas of mobile, as many concerns have already been identified regarding the use of mobile apps, discount coupons, and payments. Mobile commerce is seeing an explosive growth, which does indicate that people are starting to become more comfortable with the concept of using their mobile devices to make payments for purchases. That said, there is still a certain degree of worry in the mobile sphere regarding the security of using smartphones for…

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Research shows retailers in 2011 made most anti-fraud progress in over a decade

Cybertheft

Visa-owned CyberSource has unveiled the outcomes of its thirteenth annual e-commerce fraud survey, which showed that retailers are beginning to make important headway in the battle against fraud, even though it is ongoing. The percentage of the number of orders that were found to be fraudulent fell to 0.6 percent in 2011, from having been 0.9 percent in 2010. It has now reached the lowest point that has been seen in the thirteen years since the annual study began. However, the survey also found that the cost of fighting against…

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YouGove survey shows public wifi-using mobile shoppers at security risk

Mobile Commerce

Mobile commerce is continuing its rapid growth rate, and a notable part of that increase is due to access to public wifi. However, the results of a recent study from YouGov and UK2 has shown that more than half of the users of public wifi in the United Kingdom are placing their personal information at risk by using their mobile devices over these unsecured networks. The survey showed that 56 percent of adults in the United Kingdom who have ever used public wifi rarely check on whether or not that…

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Trends in banking technology that will be important to the mobile environment this year

Mobile Commerce Banking Trends

As budgets for IT begin their rebound, Bank Systems and Technology (BS&T) has created a list of the trends that they expect will shape the way the bank technology industry will look over the next year and beyond. Over the last few years, the budgets for bank IT have remained essentially flat. As the financial and economic crisis took hold, the industry saw an overall tightening of belts. However, 2011, brought the first signs of an ease to that strain on bank IT executives, as they began to see some…

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Better Business Bureau levies tips for consumers to protect themselves against malicious QR codes

mobile security smartphone kill switch

The Better Business Bureau of Kansas has taken notice of QR codes and how they can benefit companies in the state. The organization, which forms and upholds standards of business in and out of the state, says that QR codes, if used properly, can have a major impact on how companies market products to consumers. While QR codes are becoming more popular, consumers are still somewhat unfamiliar with the black and white barcodes. In an attempt to help consumers gain some comfort with using the codes, the organization has released…

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