The recommendations were made at a time that smartphone payments systems are still struggling to take off. A new report from the FTC is recommending that smartphone payments systems offer greater mobile security and transparency in order to increase their appeal to consumers by shrinking one of the largest barriers that is standing in the way of mass adoption. At the moment, there is no single payments system that is taking a considerable lead among consumers. Though it is widely believed that giants such as Google Wallet, ISIS, Square, and…
Read MoreMobile security through transparency recommended by FTC report
