Banks are starting to experiment with a new way of reducing credit-card fraud: tracking their customers’ cellphones. If the phone and card are in the same place, they figure, the transaction is probably legitimate.
Sourced through Scoop.it from: www.wsj.com
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.
Kenneth Carnesi 
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