This is pretty JV and illustrates when usability and sensibility collide. Poorly thought thru by AAPL and banks...http://www.nytimes.com/2015/03/17/business/banks-find-fraud-abounds-in-apple-pay.html?ref=dealbook&_r=0 …
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@BrianRoemmele@rakeshlobster@eric_analytics Disagree. Clerk don't ask for ID. No sig to verify. No CVV2 to enter. No need to clone card... -
@cherian_abraham@rakeshlobster@eric_analytics Cherian, white plastic fraud will continue to be orders of magnitude more of a problem. - 2 more replies
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@BrianRoemmele@rakeshlobster@cherian_abraham well **anything** any electronic device w GPS (recorded past destinations) & fingerprint= bad -
@BrianRoemmele@rakeshlobster@cherian_abraham criminal: just use the stolen card. No one checks for ID. If they do use a fake!
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