Banking Apps Shun Geolocation Data; Why Fraud Risks Could Follow
PYMNTS
DECEMBER 7, 2020
“I think [consumers] recognize that if location is not being asked for or provided, then that app is inherently not as secure as it could be,” he said. What I've heard multiple times is, ‘Why did [the bank] think I was in Detroit? I've never been to Detroit. A Rude Awakening.
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