My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Technology / Apple Pay

Apple Pay Hit by Wave of Fraudulent Transactions

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Apple Inc's mobile payment system Apple Pay has been hit by a wave of fraudulent transactions using stolen credit-card data from a spate of breaches at retailers, the Wall Street Journal reported, citing people familiar with the matter.

The transactions stemmed from breaches at retail giants including Home Depot Inc and Target Corp, the Journal reported on Thursday.

The majority of unauthorized purchases have been for big-ticket items bought with smartphones at Apple's own stores, the Journal said.

Apple could not be reached immediately for comment.

(Reporting By Darshana Sankararaman in Bengaluru; Editing by Ken Wills)

Visa Europe Paves the Way to Bring Apple Pay Across the Pond