Sallie Mae – a financial services organization with a specialty in education – has announced that its banking customers will now be able to take advantage of some mobile features that will assist them in improving their money management skills. This new mobile feature from Sallie Mae will give account holders a way to transfer money, pay bills, or view account transactions and balances while they’re on the go, using an iPhone app. Furthermore, a new SMS feature will allow them to send and receive text messages relating to money…
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Cloud based fraud detection flying high for mobile users safety
An emerging provider of fraud prevention solutions in cloud based services did a joint study to see how customers felt about sharing their mobile location with a company. Over half of the consumers interviewed stated they were willing to share the information, if it meant being better protected from online fraud activities. The majority preferred sharing their info with banks, and reputable third party security monitors came in second. ThreatMetrix is a growing business that provides cloud based fraud prevention platforms to help online companies to verify new accounts, authorize…
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