Apple Pay: a new frontier for scammers

Apple’s mobile payment system has provided a method for US criminals to make fraudulent transactions – and banks are rushing to stem the tideCriminals in the US are using the new Apple Pay mobile payment system to buy high-value goods – often from Apple Stores – with stolen identities and credit card details.Banks have been caught by surprise by the level of fraud, and the Guardian understands that some are scrambling to ensure that better verification and checking systems are put in pla