How Pinpoint technology can keep your finances secure
Since fraud is a growing problem, several programs have been launched to help keep your bank account information safe and to ensure no one is stealing your identity. Cell phones relay your information to satellites and it is possible to gather your location from your cell phone provider. With this type of location control out there it has caused some phone providers to look at how they can use this to their advantage by mapping your location and relaying it to your bank. This way when you have a transaction done, your cell phone connects with your bank to protect your identity and to show that it is you.