Innovations
UseMyServices Plans Big Splash for The New Year
Toronto-based payment technology company, UseMyServices.com, announced plans today to launch an exciting new suite of payment options in the coming weeks, along with a major expansion to their existing bank network. The company currently specializes in ‘real time’ bank payments, a unique service that lets customers in 30 countries pay for their web purchases using their own online bank services. The service is much safer for the customer than traditional credit card or echeck services because the customer never enters any sensitive financial information on the merchant’s website. Conversely, the service is also safer for the merchant because the funds are debited from the shopper’s account in real time allowing [...]
Yodlee Interactive Unit Doubles Business Growth
Yodlee Interactive, a business unit of Yodlee, today announced it has doubled its annual growth in its market leading application programming interface (API) business. Yodlee Interactive currently serves more than 300 customers and partners across more than 25 vertical markets. The Yodlee API it helps streamline the innovation and delivery of new financial services and solutions. Yodlee FastLink, is a new feature that helps customers and partners speeds up the onboarding process for Yodlee Interactive powered services. “Yodlee has been a great partner in helping us launch the first true integration of money, credit and identity in to a fantastic and simple service for consumers to manage their financial lives,” [...]
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 [...]
Marketing QR Codes
Although I have not downloaded the app or used them, I’ve been getting more curious about QR codes and how we can use them in our marketing. I went to expert Steven Levine, President of Mission Mobile, and we had a discussion about QR codes and some of his recommendations for utilizing them to best advantage. To be perfectly honest, I just recently joined the smartphone users of the world, so I’m a little behind in most things mobile, but I’m working hard to catch up and spreading the word, and these QR codes are attracting a lot of marketing attention. Will they have a long life? So Steven started [...]
Consumers Looking For Simpler Checkout Procedures
MasterCard reports from a recent U.S. survey on their customers, one of the most common points mentioned was “entering payment, billing and shipping information”. People are shopping online more and more now, and are also much more inclined to use their smartphones for shopping purposes also. There is a strong wish for a singular account identity which can be safely stored somewhere. What this means is that consumers are looking for some way that they can enter their details once and only once, and then call up these details whenever nesessaqry, instead of having to enter them multiple times at various websites. Here is an excerpt from the recent article: [...]
Consilium Staffing Partners With DocuSign
DocuSign are an e-signature company, that allow peoply to sign and send documents remotely, without having to use pen and paper in the process. Three words sum up the DocuSign process, “Send, Sign and Save”. Consilium Staffing have partnered with DocuSign, meaning they will now be able to send documents to clients via DocuSign, especially in all locum tenens processes. Consilium Staffing deal primarily with the healthcare industry, providing temporary or contract staff options to hospitals, care offices, etc. This partnership will help to eliminate one of the greatest headaches which is paperwork. Consilium Staffing will now be able to send documents to clients via DocuSign, a cloud-based electronic signature [...]
Cardinal Commerce Additional Patent Awards
Cardinal Commerce is the world leader in remote commerce, using a variety of devices and platforms such as internet and mobile phones. Recently they announced that they have secured additional patents in the U.S. and Australia, for intellectual property protection. Currently they hold 25 issued patents and about 60 patent pending applications. The Australian patent office and the United States patent office have awarded patents 2006309231 and US 8,140,429 B2 respectively. These patents help protect the concept of enabling payment brands that use authentication, either directly or through gateways, shopping carts, processors, web terminals, order management or airline reservation systems. “We have worked with Cardinal for more than a decade [...]
Western Union Launches New “Thanks a Thousand” Campaign
Global payment service Western Union is to launch a new campaign called “Thanks a Thousand” This campaign invites consumers in the United States, Canada and Mexico to say thank you to any of their family or friends. One participant will be selected each day up to June 17 and will win $1,000. The campaign , with the themeline “Thanks a Thousand,” invites consumers in the United States, Canada and Mexico say thank you to family, loved ones, friends or anyone in their life. One participant will be selected daily through June 17 and will win $1,000. Consumers can upload a personalized video, photograph, or brief essay to thank anyone they [...]
American Express Adds New Ways To Use Membership Rewards(R) Points
American Express recently announced new partners for its Membership Rewards program. Some of the names included are Seamless, Groupon, and Virgin America. This means that all Cardmembers who have enrolled in Membership Rewards(R) will now have even more ways than ever to make use of their points earned from everyday spending. Here is an excerpt from the story: Through a new relationship with Seamless, a leading online food ordering service, American Express Cardmembers can redeem Membership Rewards points for pickup or delivery orders from more than 9,000 of their favorite local restaurants in 40 cities. Cardmembers redeem in 1,000 point increments for $10 e-certificates good for orders placed on Seamless.com [...]
A Good Carberp Is Hard To Find – Context Information Security Leads Research
Context leads research efforts into next generation financial malware and Trojans January 17th 2012 – Increasingly sophisticated financial malware such as the Carberp Trojan is becoming more and more difficult to detect and eliminate, warns researchers at Context Information Security. Designed to steal log-in and account information and harvest credentials for email and social-networking sites, Carberp, like its more well know predecessors Zeus and Spyeye, infects machines through malicious files such as PDFs and Excel documents or drive-by downloads. In most cases Carberp will persist undetected by antivirus software on the infected machine using advanced stealth, anti-debugging and rootkit techniques and is controlled from a central administrator control panel that [...]
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