Pointing out that the most mobile wallet and banking apps, which meanwhile have seen exponential growth following demonetization, only rely on software, making them highly vulnerable to cyber criminals. While government is pushing for digital payments through mobile phones, chipset maker Qualcomm sa .
Article Link: http://www.bgr.in/news/mobile-wallet-banking-apps-in-india-dont-have-hardware-level-security-qualcomm/