Tokyo online fraud detection: Privacy fears as banks track mobile phones: Barclays aims to tackle fraud by introducing system that will check if someone is in the same country as their card





Tokyo online fraud detection: Privacy fears as banks track mobile phones: Barclays aims to tackle fraud by introducing system that will check if someone is in the same country as their card

Created on: Jan-04-2017   Last updated: Jan-04-2017

 

8.5" x 11" - Choice of Hardcover/Softcover - Color - Photo Book
Theme: Writings    Privacy: Everyone
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Banks will track customers' movements via their mobile phones in a bid to tackle fraud. Barclays is introducing a system which allows it to check whether someone is in the same country as their debit or credit card so they know whether the payment is fraudulent or not. For example, if a suspicious transaction was made in the America, but data showed the customer's phone it was in the UK, the bank would realise something was amiss.

 
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andersonfin123
Joined: Nov-22-2016

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