secure financial information Archives

Mobile commerce is growing and so should security

09/28/201309/28/2013 Note From The Editor

Editorial – Mobile commerce and security should go hand-in-hand Mobile technology has become an integral part of society. People around the world are using their smartphones and tablets to connect to one another in a dynamic way. These devices are also being used by people to connect with businesses, creating new ways to shop and purchase products. The advent of mobile technology has led to the emergence of mobile commerce. While mobile commerce has been met with favor from people the world over, it is not a paradise free from…

Major credit companies come together to make mobile commerce more secure

08/31/201108/31/2011 Stephen Vagus

As mobile commerce begins to gain momentum among consumers, some major credit card companies are developing mobile apps that will boost the security features of NFC-enabled smart phones. Visa, MasterCard, American Express and Discover are all investing in NFC-powered mobile transaction, believing that the mobile commerce will become a favored payment medium in the future. Mobile commerce has been plagued with concerns over security, however, leaving many questioning whether the industry will ever become established. The security issues inherent in mobile commerce are quite glaring. Given that financial information must…