5 Predictions About the Future of Digital Wallets

Bank of America announced this week that it is piloting Visa's V.me digital wallet service with its online customers, firing up the ever-hot topic of digital wallets in the banking sector. Here are some recent quotes on the evolving digital wallets market that we selected to share.
November 30, 2012


Security Considerations

Mobile wallet leaders are not well-defined, so there's a mix of technologies that haven't been fairly implemented or tested, at least from a security standpoint. An infected device can potentially compromise most mobile-wallet implementations.

— Javelin's security, risk and fraud analyst Alphonse Pascual, in a recent online interview about securing digital wallets and mobile payments.

Source: Bank Info Security

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