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Main News Confidence to the geolocation - selection of modern banks

Confidence to the geolocation - selection of modern banks

Confidence to the geolocation - selection of modern banks

It was learned that one of the largest American banks has put into circulation technology that determines the geolocation of mobile - the development of VISA. This novelty will help in identifying scams that try to use the stolen card.

The essence of technology is quite simple - using a special application the location of the phone and place of the transaction are determined. But there are nuances, people do not always have the opportunity to take the phone, especially in emergency situations.

According to employees of the bank of the Board, this technology helps to reduce the incidence of card fraud.

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