Avivah Litan

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Archives for August, 2012


Mobile banking fraud hits Brazil

by Avivah Litan  |  August 17, 2012  |  9 Comments

It finally hit – in Brazil which reminds me of how Internet banking fraud started – also in Brazil. It looks like the same mode of attack. One mobile device is used to illegally access multiple online bank accounts and to transfer money out of them to new payees or existing mule accounts. Apparently, the […]

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Square and Starbucks will move mobile U.S. payments

by Avivah Litan  |  August 8, 2012  |  5 Comments

I don’t get very excited by much news anymore but the Square/Starbucks announcement definitely got my adrenaline moving – even more than a couple shots of expresso. Square finally found a large enough payment acceptor – Starbucks – to ensure its mobile wallet will be on millions of American coffee drinkers’ smartphones. After all it […]

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