This is an excellent post on PoSeidon, the latest in Point of Sale, POS, malware threats.
Five leading UK banks – HSBC, First Direct, Nationwide, Santander and Metro Bank – have signed up to integrate Vocalink's Zapp mobile payment service into their existing mobile apps, the BBC reports.
While mobile point of sale (mPoS) was a tool initially geared towards small merchants, it didn't take long for retailers to leverage this disruptive technology for a competitive advantage. Over the past two years, many of the nation's largest merchants have eschewed the traditional cash wrap in favor of a flexible mobile alternative. In doing so, they're finding that mobile point of sale (mPoS) isn't just a solution for combating long lines during the holidays--it's much, much more.