Mobile commerce fraud is a big problem for merchants

mobile commerce future smarphone

Mobile fraud is becoming a problem for merchants that want to engage mobile consumers Mobile commerce is quickly establishing itself as one of the most powerful forces in the commerce sector, powered by the growing number of consumers that have smartphones and tablets. There may be a problem threatening the continued growth of this sector, however, as many businesses may have a lack of awareness about fraud. According to a recent study from Kount, many of the companies that have involved themselves in the mobile commerce space are somewhat misinformed…

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Cost of mobile commerce fraud is on the rise

phishing attacks

Fraud is becoming a major problem for the mobile commerce industry The impact of fraud in the mobile commerce world is growing. According to a new study released by LexisNexis, fraud is becoming a major problem that those invested in mobile commerce may have to take steps to address. The study shows that the cost of fraud is beginning to escalate, which could lead to serious problems for merchants and consumers that are actively involved in the mobile commerce space. If fraud continues to grow, it may also attract the…

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