National Science Foundation News | Digital Wallet #shorts #science #digitalwallet @NSFScience | Uploaded August 2024 | Updated October 2024, 12 hours ago.
Digital wallets — like Apple Pay, Google Pay and PayPal — are projected to be used by more than 5.3 billion people by 2026. While these wallets promote increased security over traditional payment methods, reliance on outdated authentication methods and prioritizing convenience over security leaves digital wallets vulnerable, according to new research led by computer engineers at the University of Massachusetts Amherst.
eurekalert.org/news-releases/1054622
Digital wallets — like Apple Pay, Google Pay and PayPal — are projected to be used by more than 5.3 billion people by 2026. While these wallets promote increased security over traditional payment methods, reliance on outdated authentication methods and prioritizing convenience over security leaves digital wallets vulnerable, according to new research led by computer engineers at the University of Massachusetts Amherst.
eurekalert.org/news-releases/1054622