How risky is banking by smartphone?

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Banking by smartphone can be risky

J.T. Pierce’s bank is right next to his Foster City workplace. But he hardly ever visits the branch, since he uses online banking to take care of most of his banking needs. “I’ve been banking online since college,” said the 26-year-old San Francisco resident. “As soon as I was able…

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Smartphone locks out keys from pocket and purse

San Francisco, July 4: Front pockets and purses are slowly being emptied of one of civilisation’s most basic and enduring tools: the key. It’s being swallowed by the cellphone. New technology lets smartphones unlock hotel, office and house doors, open garages and even car doors. It’s a not-too-distant cousin of…

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