MasterCard aims to reduce card fraud with smartphone geo-location …

MasterCard and Syniverse are running a pilot scheme that aims to reduce credit card fraud by making sure that a customer’s card and mobile phone are in the same location when the card is used.

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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