Visa plans to use smartphone tracking to prevent credit card fraud

Visa wants to put an end to those annoying calls you sometimes get from your bank when buying things far from home. The credit card company will roll out a new feature in April that allows cardholders to automatically let Visa know where they are using the location services built into nearly every smartphone. The optional service will match up the coordinates of the smartphone with the location of the sale to more accurately predict instances of credit card fraud. See also: Starbucks iOS app get...