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AT&T To Use Phone Geolocation To Prevent Credit Card Fraud

Posted by timothy on from the so-be-good-for-goodness-sake dept.

jfruh (300774) writes "Imagine you've spent years making credit card purchases in your home state of California, and suddenly a bunch of charges appear the card in Russia. Your bank might move to shut the card down for suspected fraud, which would be great if your account number had been stolen by hackers — but really irritating if you were on vacation in Moscow. AT&T is proposing a service that would allow customers to let their bank track their movements via their cell phone, to confirm that you (or at least your phone) and your credit card are in the same place."

3 of 228 comments (clear)

  1. Or call your credit card company ... by perpenso · · Score: 5, Informative

    Or call your credit card company before you leave and say you will be traveling in country X on these days.

  2. Re:Stupid by ohieaux · · Score: 5, Insightful

    I absolutely pull out my AT&T sim card before traveling. I've seen too many stories of people getting gouged by US cellphone companies.

    This sounds like a disaster for someone trapped overseas. It sounds more like a way for AT&T to force customers into the trap of using their cell phone overseas.

    --
    Where all think alike, no one thinks very much.
  3. Are you sure? by Marrow · · Score: 5, Funny

    Maybe your credit was.....frozen....at the time.

    Sorry bout that, couldn't resist.