Mobile payments confidence still isn’t there for most consumers

mobile payments confidence - paying with smartphone

The majority of shoppers haven’t yet formed the trust needed for regular mainstream m-pay use. Most consumers still have not reached the point that they have enough mobile payments confidence that they would be willing to use this type of transaction, particularly on a regular basis. Despite the convenience m-pay services have to offer, consumers don’t feel their information is safe. Shoppers acknowledge that m-pay methods are convenient, will save them time, and that innovation is important. That said, the mobile payments confidence simply isn’t there to make consumers to…

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VerifyMe receives invisible QR code system patent in United States

Invisible QR code system - wall of quick response codes

The U.S. Patent & Trademark Office has granted the patent for its verification tech solution. Digital technology solutions provider, VerifyMe Inc, has received a patent from the U.S. Patent & Trademark Office for the firm’s invisible QR code system. The company specializes in authentication, counterfeit prevention, serialization and tracking features. “This milestone is an important achievement for our Company, especially as the U.S. government and industries become more and more vigilant against counterfeit goods,” explained Patrick White, the VerifyMe C.E.O. upon the receipt of the patent for its invisible QR…

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Jeff Bezos blames Saudi crown prince Mohammed bin Salman for smartphone hack

smartphone hack - Jeff Bezos

The Amazon founder and CEO claims the Saudi Arabian crown prince was behind the 2018 breach. Amazon founder, president and CEO, Jeff Bezos has accused Saudi Arabian crown prince Mohammed bin Salman of a 2018 smartphone hack. Bezos said he was the victim of hacking that year and pointed the finger directly at the crown prince. According to Bezos, he received a WhatsApp message which was apparently sent from the crown prince’s personal account. He stated that after that, his account was hacked. The message was encrypted and was from…

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QR code fraud warning issued by Belgian federal police

QR Code Fraud Warning - Cyber security

Consumers across the country are being warned about online scams using quick response codes. Federal police in Belgium have issued a new QR code fraud warning. It cautions smartphone and mobile device users about scams using quick response codes. Quick response codes have become central to certain types of scams allowing scammers to steal money. The QR code fraud warning was issued to everyone. That said, it was primarily meant to target anyone buying products or services online. For instance, those shopping in second-hand markets online were considered to be…

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