"Brandon McGee, Industry Insider, Mobile Banking Guru...He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options." - Jim Bruene, Publisher & Founder, Online Financial Innovations

"Going Mobile. Local executive carves niche as national expert on fast-growing banking-industry technology trend" - Scott Olson, Indianapolis Business Journal (IBJ)

"Brandon McGee, the industry's unofficial ambassador for mobile banking" 

Sunday, March 9, 2008

Mobile Payments--A Growing Threat

There's a new report out from the U.S. Department of State titled "Mobile Payments - A Growing Threat." The report begins, "Unfortunately, while fighting the twin threats of money laundering and terrorist financing, we are also witnessing a plethora of new, high-tech value transfer systems that can be abused. Some of the most innovative are electronic payment products. FATF calls them "new payment methods" or NPMs. They are also sometimes called "e-money" or "digital cash."

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1 comment:

Hannes@Home said...

Brandon, read what I think of this report on my blog: http://mbanking.blogspot.com/2008/03/incsr-getting-involved.html