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PYMNTS Weekender | Apple Pay Fraud

 

While “the dress” made its rounds on social media for its changing colors, the fraudsters made their own rounds – this time visiting the iTunes stores, Apple Pay and Apple, the retailer itself – in colors that no one could possibly see. This week we caught up with a few of the top players in payments to get their take on “Apple Pay” and fraud — words which we thought we’d never ever hear in the same sentence, especially given its use of a secure element and a robust and creative network tokenization scheme.

 

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