mobile payments fraud Archives

U.K. Mobile Payments to reach 20 million users by 2020

12/06/201312/03/2013 Jennifer Goula

The Centre for Economic and Business Research also sees large increases in purchasing over smaller screens. According to a recent report providing information on a study conducted by the Centre for Economic and Business Research (CEBR), the use of U.K. mobile payments is going to explode over the next seven years, while at the same time, people in the country will be using their smartphones and tablets to buy a growing number of products and services. The prediction is that this year’s $7.85 billion in purchases will have risen to…

Mobile security increased in Australia to tackle fraud

09/13/201309/10/2013 L. Green

PayPal has announced that it is boosting its anti-fraud efforts for Australians using their services. As mobile security concerns ranging from credit card fraud to identity theft are growing among Australian consumers, PayPal has announced that it is bumping up the efforts that it is making to provide them with the protection they need to trust in the digital payments technologies. This will be accomplished by bringing the seller protection guarantee into the Australian retailer market. This effort by PayPal is being made to strengthen its mobile security credentials within…

Mobile payments use is increasing, but so are security worries

04/16/201304/15/2013 Stephanie Beck

Mobile security payments online retail card

Experts are predicting that the amount of fraud will rise as the usage of these services grows. Though slow to start in terms of consumer adoption, mobile payments technology has the potential to revolutionize the way that purchases are made and transactions are completed. At the same time, as with any growth in technology popularity, this opens the door to fraud. Industry experts are finding that as the trend grows toward the use of mobile payments technology, so does the concern regarding its security and the protection that it provides…