Bob Schroeder
OnlinePaymentNews.com
Bob Schroeder brings 40 years of retail experience to the table, and has successfully made the leap from brick and mortar to ECommerce. With more than 30 years in the wholesale side of offline retail, and more than decade running online business, Bob brings a valuable and unique perspective to the table.
Bob can be reached at bob.schroeder@onlinepaymentnews.com
Telecom Italia and Intesa Sanpaolo begin Milan mobile NFC pilot
Telecom Italia has begun a contactless mobile payments trial in Milan, enabling more than 1000 people to use their mobile phones to pay for bus, tram, metro and train tickets as part of the trial. Additional, the participant can also use their credit card registered on the phone’s SIM to make contactless purchases at more thana thousand retail outlets in Milan. The new platform will allow users to pay for their purchases in shops, public transport, and access information on posters by simply waving their NFC-enabled handsets. The pilot was recently launched at the GSMA summit in Milan, by Telecom Italia. Oscar Cicchetti, head, strategy, Telecom Italia, says: “Telecom Italia’s [...]
First Data Shows Off Latest US Products
First Data Corporation highlights from its Q3 2012 US Product Release: First Data FD400GT Launched The First Data FD400GT wireless terminal allows on-the-go merchants to take advantage of electronic payments, a light-weight full function POS device with touch-screen interface that connects wirelessly over 3G technologies. The FD400GT terminal is targeted to be contactless and EMV-enabled in 2013. New ADA-Compliant Keypads for First Data Terminal Line All key pads on First Data POS devices have been updated to the global standard to improve access for all users per the Americans with Disabilities Act (ADA) First Data Retail Solution Update The updated First Data Retail Solution application has been released, effective Sept. 1, [...]
Sberbank sets up $100 million fintech start-up fund
Sberbank of Russia has announced that they are setting up a $100 million venture fund to invest in promising fintech start-up companies. The plan is to increase the fund to a possible $700 million over three years. Details of the fund were disclosed by the bank’s head of innovation, Mircea Mihaescu, in an interview with a local Russian investment magazine. This follows the recent launch of an R&D centre and ‘Technology Innovation Council’ approximately 6 months ago, with the goal of exploring the use of new technology for banks According to Mihaescu, the R&D unit is currently involved in 20 projects across the fields of big data, cloud computing, mobile payments and personalised [...]
Optimal Payments Enters Deal With Caesars Interactive Entertainment
Optimal Payments announced today that they have signed an agreement with Caesars Interactive Entertainment, Inc. to provide payments and other services as part of the company’s entry to the regulated online poker market in the US. Caesars Interactive Entertainment, Inc. (“CIE”), is a subsidiary of Caesars Entertainment Corporation. Under the new agreement, Optimal would provide gateway and processing services, as well as fraud management. Related news: Optimal Payments to provide Caesars Interactive Entertainment with payments … LONDON, UK, Oct. 29, 2012 — /CNW Telbec/ – Optimal Payments (LSE: OPAY), a leading global online payment provider, has signed an agreement with Caesars Interactive Entertainment, Inc. (“CIE”), a subsidiary of Caesars Entertainment Corporation, … www.sacbee.com Caesars [...]
Mobile Payment for Faster Services
PayDragon is improving their customers experience in terms of mobile payment. They simplify the ordering and pickup system of some food trucks and merchants they worked with. Hamilton Chan, CEO of PayDragon said, “It’s a low-fuss experience. This app stays true to the principle of keeping things simple. What is great is that people are on the go and looking to save time wherever possible.” PayDragon has 11 merchant partners in Los Angeles and 4 in Auslin, Texas. During the following week, they will start working with Murray’s Cheese in New York. This app is applicable on Android and iOS, it is very convenient for their consumers as it can [...]
Cyber Monday Sets Records! Headline Roundup For Online Shopping Statistics
Cyber Monday Headlines….. All in all it looks like this year Cyber Monday actually started on Black Friday but we doubt that the any merchants are complaining with record numbers overall for both days. Here’s around-up of headlines for your perusal: Cyber Monday 2011: Record sales expected as Amazon, Best Buy push online deals Shopping behemoth Amazon is making a big push for Cyber Monday, though it is also doing its best to feed consumers’ appetites for bargains by staggering the release of their best deals throughout the week. Other stores on the Web– such as Best Buy, … www.washingtonpost.com Biz Break: Black Friday cheer spreads to Wall Street on [...]
V.me, Visa’s New Digital Wallet Brand Officially Launched – Ultimate Mobile Wallet?
In a major play to court app developers to help further it’s mobile payment platform, Visa has officially launched its new brand for its digital wallet, V.me. V.me will be heavily marketed by Visa in 2012. A new digital wallet, similar to PayPal will allow users to link the wallet to other forms of payment such as an existing credit card, the goal is to make it easier for consumers to purchase – especially from their mobile phones. Gone will be the days of typing in 16-digit account number to complete a transaction from a smartphone. Instead, users sign into the V.me digital wallet with their user name and password [...]
New Data Theft Tool Cloud Penetrator Released By SecPoint
SecPoint has rolled out a new service known as the Cloud Penetrator, to provide Online Web Vulnerability Scanning as well as SQL Injection Cross Site Scripting which prevents data theft. The Denver-based security systems provide recently unveiled this new service. Cloud Pentrator will scan websites, database servers and routers. It even has the capability to scan Content Management Systems such as WordPress for SQL Injection and other web vulnerabilities. The service provides detailed PDF reports which include solutions to fix any vulnerabilities that have been found. The service is useful for companies which have heavy concerns about data security while outsourcing their websites and e-commerce sections to cloud providers. SecPoint [...]
Card Fraud Protection Upgraded By PayDay Express
Payday Express, which specializes in short term loans, has recently upgraded its fraud protection service, by bringing in a much improved verification process for cardholders, in a bid to combat debit card crime. This improved verification process will ensure that the chances of CNP through the company is limited, and this will also offer protection to any victims who have been prone to card theft. Payday Express investigates any suspicious transactions and the details are reported to the relevant organizations, which include the Serious Organized Crime Agency as well as the police. CNP fraud usually occurs when funds are exchanged using the internet, telephone or post, or when the cardholder [...]
Loading ...
