Apple Pay has proven to be a venue of convenience for criminals focusing on identity fraud, a new report suggests, with many fraudsters taking advantage of lax customer verification controls put in place by Apple's partner banks to make brick-and-mortar purchases using stolen credit cards via the growing mobile payment service.
http://appleinsider.com/articles/15/03/02/banks-scrambling-to-combat-apple-pay-identity-fraud---report
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