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first_imgIt’s been widely reported that Apple Pay has experienced fraud attempts. While fraudulent activity is likely to (at some point) strike any new payment technology, it’s important to understand the nature of fraud related to Apple Pay, as well as best practices that can be employed to prevent it.The fraud associated with Apple Pay is not related to the technology or the transaction, but rather to the provisioning. Apple Pay as a form of payment is very secure because it utilizes tokenization, a technology by which card account data is replaced with secure digital tokens.However, fraudsters are opportunists. As such, these criminals caught on to a loophole in the Apple Pay verification process used during credit card enrollment. The fraud is being carried out as fraudsters set up iPhone 6s with stolen payment card credentials. The fraudsters then contact the financial institution (FI) to complete credit card enrollment by verifying the victim’s personal information. continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

first_img Spencer Ware wants to keep playing, plans to reach injury settlement with Colts In late July, Reich told reporters that seeing Kevin Durant suffer an injury in the NBA Finals had influenced his thinking on how to bring Luck back up to speed. Durant tore his Achilles in his first game back after missing a month with a calf injury.”We didn’t really talk about it, but I think we all knew it,” Reich said of Durant’s injury (via the Indianapolis Star). “I was certainly thinking it. When you see something like that happen, you’re like, ‘Oh yeah, that’s why we do what we’re doing.'” The Colts continue being cautious with quarterback Andrew Luck and his strained calf.Coach Frank Reich told reporters Luck will sit out practices Saturday, Sunday and Monday. Colts claim running back D’Onta Foreman off waiverscenter_img “Continuing to progress with his strength, still a degree of pain that he’s not comfortable with,” Reich said (via 1070 The Fan). “Obviously we’re not comfortable with putting him out there. We’re going to continue to work with our medical staff on the plan moving forward.”The 29-year-old quarterback strained his calf this spring and missed the Colts’ OTAs and minicamp, although Reich said in June he would have been able to play if there were a game. Related News Luck has participated in three training camp practices, all as a limited participant, and said he feels as if something would pull when he moves a certain way. According to NFL.com, Luck’s status has led the Colts to consider carrying three quarterbacks on the roster to open the season.last_img read more