The specs of the new mobile operating system release from Apple Wednesday (Sept. 17) disclose 53 security vulnerabilities—all supposedly fixed—including some that would have allowed “an attacker to execute code on the device with root privileges,” ZDNet is reporting. “Several other (iOS security holes) allow...
Amazon has now started a trial of allowing shoppers to purchase apps and to make in-app purchases within Amazon’s app store and to then have those charges appear on their phone bills. The arrangement was announced by British carrier firm Bango, which said it will...
This past summer, the Consumer Financial Protection Bureau began soliciting comments on mobile financial-services use. It’s goal is to learn more about how technology is affecting consumer opportunities and challenges. In their comments to the bureau, FTC staff identified its five mobile concerns and what...
Shoppers wanting one of the new iPhones may have to wait until October due to shortages. Record-breaking first-day pre-order sales that topped 4 million units were logged, outstripping supply according to Apple. Reuters reported that this weeks pre-order numbers were roughly double the volume of sales...
Analyst firm Gartner has issued a report predicting that 75 percent of mobile apps, by next year, will flunk even most rudimentary of security requirements. That “majority of mobile applications — whether in the Android, iOS or Windows Phone ecosystems — will not have basic...
The Chinese Academy of Sciences has endorsed an E-Commerce biometric authentication program based on the shopper transmitting a selfie. Dubbed “face swapping,” officials described a system that “can detect a face in only a few seconds and the accuracy rate is 99.8 percent. According to...
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
Apple recently approached Square about becoming part of the Apple family, but talks ended abruptly when Apple was only willing to pay $3 billion, which is half of the company’s current valuation, according to a report in TechCrunch. “TechCrunch has heard from multiple sources that...
McDonald’s Chief Digital Officer Atif Rafiq was talking with a reporter last week about how “seamless” and easy McDonald’s will incorporate ApplePay, which makes sense given how the chain has been accepting contactless payments for years. (We didn’t say that they had accepted a lot of...
