Monday, March 16, 2015

Withdrawing Cash With a Smartphone Could Beat The Card Skimmers

Source: http://gizmodo.com/withdrawing-cash-with-a-smartphone-could-beat-the-card-1691620307

The U.S. loses more money to card fraud than the rest of the world combined — something that's mostly down to the magnetic stripes that make our cards incredibly hackable. Although more secure technologies are coming , they'll require time and money to adopt. But one kindly Canadian bank has a secure system that only needs a smartphone and a QR code.

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