Start ups join identity verification battle
Cash is king, but kings are increasingly scarce.
There are two ways to look at threats to the electronic payment systems consumers and retailers – online and brick and mortar – rely upon: as an ongoing process of swatting down isolated and rarely successful attacks, or as a full scale war that the good guys are completely capable of losing. Since the holiday mega-crack at Target stores, I’m leaning towards the latter.
The point of sale is a critically weak link.… More