Would-Be Unicorn Seeks to Undercut Banks With Secure Cloud

[News]

A financial newcomer wants to become a unicorn by providing faster and cheaper ways of processing credit card transactions. There’s just one catch: it needs to persuade security-conscious clients to let their financial data be handled by a cloud service managed by an American retail giant.

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[DrAlvarez]

It would be difficult to persuade security-conscious clients to let their financial data handled by unknown service. After the money was stolen from my card, even after I blocked it. I'm now thinking about giving up credit cards altogether. And even more so I wouldn't want that my financial data were handled by unknown service. Every year, cases of fraud happen more often, especially using the cash app hack method. Credit card fraud occurs at any time of the day or night, which is why it's so important to keep an eye on your accounts. For more safe I don’t reuse my passwords and of course I don’t do it on dozens of different accounts. Also I put a two-factor authentication on everything.