Mobile Lads Corp. (MOBO) Technology Well-Positioned Ahead of Evolving Mobile Transaction Space
Mobile Lads employs a superb, zero hardware, no download solution for secure mobile commerce. One of the primary components of their continually developing portfolio of technologies is xmVerify, whose authentication/security capabilities allow for normal online shopping to be digitally signed by the actual mobile device's number and validated over a patented, secure SSL technology. Financial institutions like top credit/debit card issuer Chase Corp. (CCF), as well as merchants, like the recently humiliated Target Corp. (NYSE:TGT - whose data breach has been pegged by card fraud expert Rippleshot as approaching an incredible $2.5B plus in the aggregate), shoulder the vast majority…