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Title: Apple Pay is secure, but weak ID checks by partner banks create vulnerability, claims report Post by: HCK on January 27, 2015, 09:00:22 pm Apple Pay is secure, but weak ID checks by partner banks create vulnerability, claims report
While Apple Pay is the gold standard for safe card transactions, some partner banks are leaving customers vulnerable to fraud via identity theft thanks to weak checks when cards are added to Apple Pay, according to mobile commerce consultants Drop Labs. Some partner banks are consequently seeing fraud rates six times higher than with physical cards. For consumers, Apple […]<img alt="" border="0" src="http://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=362881&subd=9to5mac&ref=&feed=1" width="1" height="1" /> Source: Apple Pay is secure, but weak ID checks by partner banks create vulnerability, claims report (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/n5TFzXdsJ7A/) |