Old Web Idea of Micropayments Finally Finds a Home
Sci-Tech Today – USA By Barbara Ortutay Instead of charging for each virtual item separately, companies sell chunks of credits -- through PayPal, credit card transactions or ...
Fiserv Launches All-in-One Mobile Banking and Payments Solution to ...
MarketWatch – USA a leading provider of information technology services to the financial industry, today launched Fiserv Mobile MoneySM, the industry's most complete mobile
Like It or Not, New Facebook Look Is Here to Stay
Since he started Facebook in college 4 1/2 years ago, Mark Zuckerberg has learned -- sometimes painfully -- that he can't make significant changes to the popular online hangout without triggering an uproar among indignant users who preferred the status quo. But Zuckerberg, still only 24, is hoping he has found a way to ease the journey down a different road so he won't have to issue public apologies. http://www.technewsworld.com/
DoJ Interest in Google-Yahoo Deal Intensifies
Yahoo's plans to boost its profits in an online advertising partnership with rival Google could be moving into the crosshairs of the U.S. Justice Department, which has hired an antitrust litigator to review evidence for a possible legal challenge to the deal. "This is turning into a very serious investigation," said Internet industry consultant Scott Cleland. http://www.technewsworld.com/
Guard ID Systems raises $11M
San Mateo-based Guard ID Systems has secured an $11 million second round of funding for its service that specializes in providing online identity security for consumers. Prism VentureWorks led the round, which also included participation from original investor Trinity Ventures.
American Airlines Offers Special Introductory Fares and AAdvantage ...
MarketWatch – USA A portion of travel booked on American Airlines may be operated by American Eagle or an American Connection airline. American Eagle is operated by American
iPhones, GPS and Paypal give car pooling Web 2.0 makeover
Business Green - London, England, UK ... it enables drivers to accept passengers who then pay for their ride on a per-mile basis, using Paypal, or direct credit card payments.
Juniper Forecasts 700 MM Mobile Phone Users with NFC in 5 Years
A new analysis of the NFC mobile payments opportunity by Juniper Research forecasts that "700m mobile subscribers globally will have phones equipped with NFC contactless technology by 2013. NFC will enable users to make payments with their mobile phones for relatively low value purchases (such as refreshments, tickets and food)."
Alipay, Shenzhen Airlines agree on a payment system
China Knowledge Online – Singapore 11, 2008 (China Knowledge) - Alipay.com, a Chinese online payment service provider under the Alibaba goup, announced that it has formally started
Temperatures Rise in Canadian Merchant Protest over Card Fees
Digital Transactions - Hoffman Estates,IL,USA ... costlier for merchants to accept, and also warned of looming changes in Canada’s low-cost Interac PIN-debit network (Digital Transactions News, Sept.
The web once more outpaces store sales at Kohl's
For the second quarter ended Aug. 2, e-commerce revenue for Kohl's (No. 63) increased by 34.1% to $65.6 million. In comparison, total sales rose by 3.6% and comparable store sales dropped 4.6%.
Drugstore.com and Rite Aid write a new e-commerce agreement
Under the deal Rite Aid will launch its own e-commerce site for over-the-counter products later this year, but will utilize Drugstore.com's (No. 41) technology platform. RiteAid.com will feature well-known over-the-counter and its own private label brands.The Xbox 360 should win this console war
CNET News - San Francisco,CA,USA ... platform and third-party games (aside from Guitar Hero) sell better on the other platforms, can we forget that online gaming is practically non-existent
Revolution Money and CardinalCommerce Offer RevolutionCard to ...
Earthtimes (press release) - London,UK "CardinalCommerce is an industry leader in enabling new payment types for online merchants," said Duncan Evans , SVP and General Manager of the
SWIFT Targets $15 Billion a Year Lost Revenue Opportunity
Participants named in workers’ remittances pilot; U.S. banks largely absent. BS&T has learned the names of 16 banks committed to participating in a SWIFT global pilot starting next month that aims to increase banks' involvement in the lucrative worker remittance market. At least a couple of major U.S. banks are expected to join the 16 that have allowed their names to be released, before the test of new SWIFT communication formats for interbank remittance processing starts. http://www.banktech.com/news/
Man accused in TJX data breach pleads guilty
Computerworld - Framingham,MA,USA Once they broke into a network, they would locate and steal "Track 2" data from the magnetic stripe on the back of payment cards as well as PIN-block data
Sprinting Toward Change
Forbes - NY,USA What's your take on your friend Bill Gates' new Microsoft commercial with Jerry Seinfeld? I haven't seen it. I'll have to go on YouTube and look for it.
Holidays at risk as more airlines face bankruptcy
Times Online – UK The Times has learnt that as many as 80 of the 120 airlines operating out of the UK have fallen behind in payments of departure tax receipts to the
