Security system matches card purchase to cell phone location

Security system matches card purchase to cell phone location
Tags: Bank / Credit Union, Components, Debit / Credit, Manufacturers, Middle East & Africa, Multifunction ATMs, Networking / Connectivity, North America, Regulatory Issues, Retail / Off-Premises, Security, Software, Transaction Processing, Trends / Statistics, Wireless
March 12, 2008

ePaynews: Secure Identity Systems (SIS) is planning to offer U.S card issuers cell phone location technology as an extra tool to combat ATM and POS fraud. Brentwood, Tenn.-based SIS, which specializes in ID theft protection, is using authentication technology developed by Israel's mConfirm.