He's so bored with you he can't even keep his eyes open.
No, I'm kidding. So there was a recent news story about how one man went and stole thousands of dollars due to mobile banking. I clicked on it, imagining the terrible things that were going to happen in the near future-- the apocalyptic near-- because someone had finally figured out a way to crack the system and bring reality to those fears we all had about criminals stealing all of our hard earned money using the very same technology that we all have learned to use and trust.
What I got was a little bit of a different story. Basically, this guy went and ordered Western Union money orders, deposited them using QuickDeposit, and then would go into grocery stores and cash them in person, essentially cashing them twice. This, I would like to point out, is a problem with the lagging refresh rate of back end systems, not really a problem with mobile. I repeat, this is not something that we can blame on mobile. Just want to point that out.
Crisis averted people. Go about your business. Nothing to see here.
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