Using PIN, instead of Signature, doesn't mean no Fraud
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Rescooped by Saran Wangthammang from Mobile Payments Innovation
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Payments News: Best of Mobile POS 2013-14

Payments News:  Best of Mobile POS 2013-14 | Using PIN, instead of Signature, doesn't mean no Fraud | Scoop.it

The Best of Mobile POS 2013-14 looks at the rampant scramble for market share worldwide and the proliferation of product and service solutions enabling merchant POS over mobile networks.

This report contains more than 120 pages of feature coverage including statistics, product ecosystems, adoption surveys, compliance issues, fraud reports, strategic partnerships, and countless new product releases.

http://www.paymentsconsulting.com/upload/files/best-of-mobile-pos-2014.pdf


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Faisal Omar's curator insight, September 8, 2014 1:37 AM

PCN have just released a second special report - this one focussing on the mobile POS segment.  Some of the 2013-2014 announcements and research insights are complied nicely into this 120 page report.  Covers research specific to Australia and worldwide.

Rescooped by Saran Wangthammang from Mobile Payments Innovation
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Why Switching From Signatures To PINs Won't Stop Credit Card Fraud

Why Switching From Signatures To PINs Won't Stop Credit Card Fraud | Using PIN, instead of Signature, doesn't mean no Fraud | Scoop.it

From this Friday, Australian credit card holders won’t be able to use a signature for in-store transactions; you’ll only be able to use a ...


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Faisal Omar's curator insight, July 31, 2014 10:33 AM
with PIN verification now mandatory for retail purchases in Australia, lots of debate on whether it actually makes it safer for the consumer. I have seen pre-staging of transaction with a mobile for ATM withdrawals and POS in some countries - would this change in purchase behavior help in this scenario?