The commerce life of a consumer is becoming more digital by the day, given the proliferation of mobile wallets, eCommerce destinations and the emerging plethora of IoT-ready devices now capable of enabling commerce for them.
And while these ever-connected consumers also create many new opportunities for issuers and merchants to do business, there is a downside: the more places to engage in commerce, the more consumers start to feel they’ve lost control of where their account information is being stored.