The pros and cons of mobile payments. Mobile payments are advertised as a quick and convenient way to pay for anything. Just tap your smartphone to the payment terminal and — like magic — your credit card is charged for your purchase. It really couldn’t be easier. However, digital payments are a little more complicated than…
Consumers at risk as mobile banking Trojans threaten worldwide. Consumers around the world that use mobile banking apps are at a greater risk of being tricked by cybercriminals and falling victim to mobile banking Trojans. This is according to new global research from Avast, which asked almost 40,000 consumers in 12 countries around the world to…
Security in any application—particularly in mobile banking applications—is a challenging balance to strike. Everyone wants security that keeps out the bad guys and prevents some 14 year old from seizing your credit card and using it to buy whatever it is 14 year olds buy these days. Yet no one wants security that’s so tough…
It would be easy to think that, by now, concerns about security in mobile payments would have been rendered obsolete. And why not? These systems have been in place for years, used routinely, with no sign of there ever being a problem. Yet a new report from Transaction Network Services (TNS) shows the old problem…
We’ve been following developments in mobile order-ahead / mobile payments options for restaurants here for some time, owing largely to their ability to speed up a dining experience and get some of the unpleasant parts of it out of the way faster, like waiting for someone to actually bring a bill to your table. New…
There’s little doubt that mobile payments have made some truly aggressive strides over the last few years, and new options are coming out regularly in terms of what customers can and can’t do. Yet despite this, there’s still quite a bit of disconnect between what the customer expects and what businesses are actually willing—or able—to…