The following is an update on the possible abuse of the m-payments services.
http://www.americanthinker.com/2007/04/terrorist_funding_in_real_time.html
Migrant workers, terrorists, criminals, and anyone holding a mobile telephone are rejoicing. Already many are able to transfer money (m-payments) anywhere anytime, efficiently and inexpensively. Technological advances and cooperation between international mobile communications providers and major international financial institutions, made such transfers possible. According to Visa USA CEO John Philip Coghlan, “ The convergence of payments and mobile communications is not just logical, it's inevitable." More....
John Wood, a Senior Fellow at the ACD contributed to this article.
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