Visa is Now Offering a Fraud Prevention Measure that Uses Your Mobile GPS

Visa has created a Mobile Location Confirmation service for payment authentication. This service can be integrated into mobile banking apps, after which, if the mobile device is in proximity of the payment transaction during the payment authorization process, the issuer can then confirm the transaction. Visa Mobile Location Confirmation uses mobile geo-location information to more reliably predict whether it is the account holder or an unauthorized user making a ...

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