Top Quotes From BAI Payments Connect
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User Rank: Author
3/18/2013 | 1:51:15 PM
re: Top Quotes From BAI Payments Connect
Riley's point is interesting, that essentially it is impossible to fully secure the mobile device. Behaviorial monitoring and analytics, being able to detect suspicious activity quickly, can be very effective, not just for mobile but all types of financial fraud. Essentially" Know your customer, but a complete view of each and every customer is a difficult thing to get to.
Cara Latham
Cara Latham,
User Rank: Apprentice
3/18/2013 | 12:40:34 PM
re: Top Quotes From BAI Payments Connect
I have to admit I am one of the consumers who will expect the mobile wallet to work everywhere that is "contextually important" in my life, as Todder Moning points out. I think most consumers will be more keen on the idea of having a mobile wallet if it functions like a credit card -- that there are security features built in and we can use it everywhere without having to carry cash or other credit cards. Otherwise, what is the purpose? Personally, as it is, I have a hard time patronizing businesses that don't allow me to use my credit card easily to pay. For me, quick and easy payment methods are attractive, and a mobile wallet that can help that process will be welcomed.

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