HomeATM Headline News Through April 2nd

TJX HACKER GONZALEZ GETS 20 YEAR JAIL TERM

Computer hacker Albert Gonzalez has been sentenced to 20 years in prison for masterminding a string of cyber-attacks on retailers, including TJX, which resulted in the theft of tens of millions of payment card details.   More on this story: http://www.finextra.com/news/fullstory.aspx?newsitemid=21229

Heartland Preps for Its Big End-to-End Encryption Rollout

Merchant acquirer Heartland Payment Systems Inc.’s sales force will begin selling the company’s new end-to-end encryption system in the second quarter following testing that began... http://www.digitaltransactions.net/newsstory.cfm?newsid=2485

Freeport Capital Signs Significant Agreement With Pivotal Payments

Marketwire (press release)  The HomeATM devices can now be used with laptops, PCs, and Smartphones to ... With the PPG now integrated into the HomeATM device, merchant can accept "card ...

BlackBerry Getting PayPal “Bump” Payments Soon

BerryReview.com  by Ronen Halevy on Mar 29th, 2010 at 2:00 pm EST PayPal made a big splash earlier this month by introducing Bump payments in their iPhone application.

Mobile Payment Themes from CTIA

In an article titled "Mobile Payment Themes from CTIA" on PaymentsViews.com, Glenbrook's Jacqueline Chilton writes about last week's CTIA conference in Las Vegas and the discussions about Money over Mobile that took place.

PayPal to Halt Some Remittance Services in Japan

PC World  PayPal is halting personal payment services for users in Japan from Wednesday due to new regulations that go into force the following day

Do Safety and Soundness and Consumer Protection Really Conflict? WASHINGTON — A key banking industry argument against the creation of a consumer protection agency – that the new division would write rules that conflict with safety and soundness standards – is shaky.  Current and former regulators, industry observers and academics said in interviews that such conflicts have rarely arisen in the past; few expected major problems in the future even if consumer issues are handled by a separate agency.

Apple and Google race for mobile dominanceCNET And no one is developing medical information systems or POS systems or semipro recording peripherals for Symbian phones. by DemonDuck000 March 31

Kleiner Perkins Rides the IPad Wave

Wall Street Journal (blog)  ... is interested in investing in sectors such as mobile gaming, mobile healthcare initiatives, personalized media, mobile education and mobile commerce.

Amazon Taking On PayPal In Payments

Investor's Business Daily  PETE BARLAS, INVESTOR'S BUSINESS DAILYPosted 06:04 PM ET E-commerce leader Amazon.com (AMZN) is gearing up to take on online payments leader PayPal.

Busting Lines and Boosting Sales

Stores The idea of moving cash-wrap stations to where they're needed most made sense, so Anthro decided to design a line of mobile POS carts

EFTPOS Strikes First Major Blow to V/MC with Woolworths Deal

Woolworths dumps Visa, MasterCard debit  By Liz Tay: Apr 1, 2010 11:30 AM   Move to EFTPOS to save “millions”.     "Woolworths has announced that it would no longer accept payments through the Visa Debit and Debit MasterCard networks." From 15 April, the change would be introduced progressively across Woolworths Group stores, including Big W, BWS, Dan Murphy's, Dick Smith, Tandy, Thomas Dux and ALH, as well as Woolworths and Safeway supermarkets, liquor stores and petrol outlets.  The move would require customers with the so-called 'scheme debit' cards to use the card's cheque or savings option, instead of credit, to access their funds at check-out counters.  By routing debit transactions through EFTPOS rather than Visa and MasterCard, Woolworths hoped to lower its fees and cost pressures from banks.  A Woolworths spokesperson told CRN that savings would be "in the millions".

What Security Fears Cost E-Commerce

TechNewsWorld  Sheila James is cofounder and vice president of products and operations for eBillme, a secure online payment option that lets consumers pay with cash using

Will the IPad Live up to the Hype?

PC World  Ebay on Thursday said it would come out with an application that will use iPad features to enable mobile commerce. But Apple may need to educate users on ...