Mobile Payments Fraud Becomes Painful
- Date:December 12, 2016
- Author(s):
- Test
- Report Details: 2 pages, 1 graphics
- Research Topic(s):
- Fraud Management
- Fraud & Security
- PAID CONTENT
Overview
The mobile channel can facilitate nearly any type of consumer payment, often with greater convenience than before. This has attracted a growing legion of dedicated users, yet wherever legitimate payments begin to flourish fraud is soon to follow — and mobile payments are no exception. With criminals’ aptitude for digital-oriented fraud rising and pressure in other channels forcing them to find new targets, mobile payments will experience a rise in fraud that most stakeholders are simply unprepared for.
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