Faster Doesn’t Prove Safer For Hong Kong Mobile Payments

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October 30, 2018         By: Steven Anderson

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Mobile payments benefit from several key attributes, including speed and convenience. However, speed and convenience often come with negative connotations, like a lack of security. If it’s easy for us to use, many think, then how easy is it for someone who shouldn’t be using it? That’s a problem that recently hit Hong Kong’s new Faster Payment System (FPS) like a ton of bricks as new reports of fraud in the system are hitting just weeks after it went online.


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