CHAPTER 9MOBILE PAYMENTS

Over the past several years mobile payments, which have seen some success worldwide, have finally started to catch on in the United States. The wide adoption of smartphones has helped fuel the adoption of mobile payment solutions, so now there are several competitors vying for a spot on your device (and a piece of the payment transaction pie). As with any sort of application that deals with financial transactions, mobile payment applications have gotten a lot of scrutiny, both from consumers looking to protect themselves and security researchers looking to poke holes in them. Not surprisingly, there have been several high-profile attacks against payment applications that have gotten quite a bit of attention in the media. ...

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