SIS Taps Mobiles To Reduce Credit Fraud -- Identity Theft -- InformationWeek

In the continuing effort to find ways to counter credit card fraud and identity theft, SIS has come up with a technique that matches a person's cell phone location with the location of their card being used and denies the transaction if the two don't match. Presumably people could run into trouble if they don't take their cell phones with them. SIS Taps Mobiles To Reduce Credit Fraud -- Identity Theft -- InformationWeek