RFID Allows V/MC to Track Users - That's LBS

Posted by John B. Frank Thursday, June 25, 2009

RFID-Enabled Phones Could Let Credit Card Companies Track Users | Threat Level | Wired.com

RFID-Enabled Phones Could Let Credit Card Companies Track Users | by Kim Zetter | Wired.com

An Ericsson executive says all new mobile phones sold in 2010 will include an RFID chip that will allow owners to open their car or house door with their phone. A handy feature, no doubt, for some people. But the executive says the chip might also be used by credit card companies to track the location of cardholders to cut down on fraud.

Håkan Djuphammar, vice president of systems architecture for Ericsson, speaking at a conference in Stockholm this week, said credit card companies could make use of mobile user location data and IP mapping to determine if the owner of a card is in the same location where a card transaction is taking place.

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RFID, LBS, Location Based Services, Visa, MasterCard, Ericsson, mobile phones, mpay

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