Apple Pay Rival CurrentC is Hacked

The mobile payments app — which hasn't been officially released — was created for the sole purpose of getting stores away from credit card fees they pay every time you swipe your card. On Wednesday, those taking part in the CurrentC pilot program received a warning from the consortium of anti-credit card retailers called MCX, or Merchant Consumer Exchange: The program was hacked in the last 36 hours, and criminals managed to grab the email addresses of anyone who signed up for the program.