Pew Charitable Trusts [to 13 February 2016]

Pew Charitable Trusts [to 13 February 2016]
http://www.pewtrusts.org/en/about/news-room/press-releases
Press Release
Pew: Laws Governing Mobile Payments Leave Room for Error
Analysis conducted on mobile payments points to legal gaps, ambiguities, and overlap
February 10, 2016 – Consumer Banking
WASHINGTON—The Pew Charitable Trusts released an issue brief today describing the uncoordinated and uncertain regulatory environment surrounding the use of mobile devices to make payments. The brief highlights the significant risks to consumers at each stage of the mobile payments process—contracting for services, using mobile devices to make payments, and tracking transactions after making payments.

The brief, “Mobile Payments: Regulatory Gaps, Ambiguities, and Overlap Summary Report,” summarizes the findings of a white paper commissioned by Pew and authored by Mark E. Budnitz, professor emeritus at the Georgia State University College of Law.

Issue Brief: Mobile Payments – Regulatory gaps, ambiguities, and overlap