Tuesday, September 9, 2014

Why giving mobile apps banking info isn't as risky as it seems

Data is compromised so frequently these days that it seems like nothing is safe anymore. So one would be forgiven for thinking that using apps that require the user to voluntarily submit payment card information in order to function -- think Venmo, Uber, etc. -- would be a risky play. The reality, however, is that these kinds of apps are actually no more risky than any other transaction involving payment cards.

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