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Banking Industry Proactively Developing Anti-Fraud Measures for Mobile
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KBurger
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KBurger,
User Rank: Strategist
3/13/2013 | 5:40:56 PM
re: Banking Industry Proactively Developing Anti-Fraud Measures for Mobile
It is kind of amazing that there have not yet been any (significant) (reported) instances of mobile banking fraud. I'm sure that's partly because banks have been proceeding with caution. This may also be an area where the regulators get involved, e.g., the CFPB potentially playing a role in setting guidelines/requirements to protect consumers who are using mobile banking/payments.


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