Ericsson to cut down on over-seas fraud
Let’s say you’re going to Somalia for a family vacation, you know, just to get away from it all. Additionally, lets say you brought your Visa card for any transactions while you’re away, because cash is for suckers. But wait! When you go to buy that tiki-lamp that you haggled on for nearly an hour, you find that your bank has denied the purchase. Inconvenient? Sure. But how is your bank supposed to know it’s you buying a tiki-lamp, and not some high-profile identity theft extraordinaire? Ericsson , a Swedish-based mobile solutions company, wants to make the whole process a bit less kludgy. As stated by Peter Garside, U.K. and Ireland regional manager for Ericsson’s IPX, this service…
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