IBM's dual-factor authentication on NFC enabled devices; IBM in Payments?

According to a report from ABI Research the total number of NFC devices in usage would exceed 500 Mn in 2014. This may be a positive indication for the rise in adoption of NFC. That's good but one of the recurring problems in the mobile payments space has been fraud and security breaches.

IBM Scientists from Zurich, in an effort to curb fraud and security breaches have come up with a new mobile authenticatio ...

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