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
Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio