Smartphone payments may not be as safe as we think, says the Federal Trade Commission. As payments made over smartphones and tablets are on the rise, the Federal Trade Commission has just released a report regarding their perspective on the state of mobile security in m-commerce, and the possible downfalls that it presents. One of the studies included in the report showed that smartphone payments will be mainstream by 2015. The report from the FTC indicated that with this type of adoption as a guide, both carriers and transaction processors,…
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