Google Wallet facing a turbulent future in mobile commerce

Google Wallet

Google Wallet facing criticism regarding security features Google has been working to establish itself as a major force in the burgeoning mobile commerce industry. The company has been among the first of its kind to produce a mobile payment application, called Google Wallet. The Wallet was released last year and was highly anticipated amongst the company’s fans. The application quickly made headlines for its lackluster security features, however, which straddled Google with a great deal of criticism because it had touted the applications security features before release. Commonwealth Bank denounces…

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Google Wallet security compromised with the use of simple brute force programs

Google Wallet

Google’s ambitious endeavor to become a major force in the emerging industry of mobile commerce has been going well. The company’s Google Wallet mobile payment application has been well received amongst consumers with NFC-enabled smart phones. There may be a problem, however, with the security of Google’s system. The acclaimed technology company has been adamant in their claims that NFC transactions with Google Wallet are entirely safe, as the application boasts of a number of high-end security features. It seems that Google did not account for hackers using brute force…

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