M-Wallet Companies Look To Forge Partnerships With Insurance Firms

Mobile-wallet ventures are increasingly looking for partnerships with insurance companies in an effort to minimise their liability with risks from cyber security breaches on the rise.

“A lot of times, hardware is mass produced and software just gets designed around it — which certainly opens up options for any criminals,” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research.

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