Watch CBS News

Banks report rampant fraud linked to the 5-month-old service used by millions of Americans to make purchases

Apple's new mobile payment system, Apple Pay, is under threat from criminals. Banks report rampant fraud linked to the 5-month-old service used by millions of Americans to make purchases. New Yorker magazine's digital expert Nicholas Thompson joins "CBS This Morning" to discuss the problem.
Mar 4, 2015 (02:36)
View CBS News In
CBS News App Open
Chrome Safari Continue