Sunday, April 1, 2012

Visa Network Suffers Outage Sunday Afternoon


Newsday
  1. Outage of Visa network kept people from using credit, debit cards for a time Sunday afternoon

    Washington Post‎ - 27 minutes ago
    WASHINGTON — A technical problem affecting theVisa network barred some ... was reported Friday by credit card processor Global Payments Inc. The outage ...

Global Payments Decertified by Visa - WSJ


Global Payments Inc., the credit-card processor that reported a significant security breach Friday, received a fresh blow over the weekend when Visa Inc. yanked its seal of approval from the company.
Visa removed Global Payments from a list of hundreds of companies that it considers to be "compliant service providers," according to the list that was reviewed by The Wall Street Journal. Such companies act as middlemen between merchants and banks in the complex industry of electronic payments.
Visa confirmed that it removed the company from the list "based on Global Payments' reported unauthorized access." Visa said it has asked ...

Processor Hit by Breach Is Dis-Carded by Visa


Wall Street Journal - 38 minutes ago
Visa removed Global Payments from a list of hundreds of companies that it considers to be "compliant service providers," according to the list that was...
In-Depth: MasterCard and Visa Investigate Data Breach‎ New York Times
Blog: Global Payments financial hit over breach likely manageable‎ ZDNet (blog)
Cost of Global Payments hack likely manageable‎ CNET
ZDNet Australia
all 139 news articles »


What the PayPal Here Mobile Payment System Promises

News3 new results for NFC Mobile Payment
Mobile phone payments a step closer
Voxy
At the check out, customers will be able to make payments by simply holding their mobile phone within a couple of centimeters of an NFC enabled payment terminal. The mobile phone communicates remotely over this small distance directly with the NFC ...
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What the PayPal Here Mobile Payment System Promises
PC World India
The PayPal Here mobile payment service launched last week to a select group of retailers, and it will be available later in 2012 to all businesses. How does it appear to stack up against Square, Intuit GoPayment, and other mobile payment systems that ...
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VeriFone to Enable Isis NFC Mobile Commerce Access for Millions of Retail ...
EON: Enhanced Online News (press release)
VeriFone's leading market share of US retailers, NFC-ready product portfolio and "payment-as-a-service" delivery model will help accelerate the wide scale introduction and the adoption of mobile commerce. VeriFone is the preferred payment solutions ...
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Congress eyes mobile payment apps

News25 new results for NFC Mobile Payment
Congress eyes mobile payment apps
Politico
And NFC payment-receiving technology isn't widely available among merchants, either. The delay is owed in part to a still-developing conversation about how NFC-based or other mobile payments ought to work. While a wide range of stakeholders are ...
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Politico
6 in 10 UK consumers would avoid NFC mobile payments
BizReport
UK consumers are wary of NFC mobile payments and brands needs to address the issue with awareness campaigns. According to new research by VoucherCodes.co.uk, six out of 10 consumers in the UK would avoid using NFC technologies to make mobile payments ...
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NFC Contactless Technology Provides Secure and Resilient Foundation for Mobile ...
MarketWatch (press release)
PRINCETON JUNCTION, NJ, Mar 22, 2012 (MARKETWIRE via COMTEX) -- Testifying before Congress on mobile payments today, Smart Card Alliance Executive Director Randy Vanderhoof detailed all the reasons why the future of money is in good hands with NFC ...
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LG Optimus Elite pics surface for Sprint, Virgin Mobile NFC phone
CNET
Despite the otherwise low-end features, the inclusion of NFC should not come as a surprise. If Google and Sprint are to see mass adoption of the new mobile payment service, then we should expect to see NFC on even the most basic of smartphones.
See all stories on this topic »
BillingViews Survey Finds "Third Interface" Applications Key to NFC Customer ...
San Francisco Chronicle (press release)
While NFC has been hyped as an enabling technology for mobile payments, the convenience factors surmised to drive it are not overwhelming. As a result, payment is not what is most likely to drive mass uptake of NFC technology.
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Mobile Commerce Leader ViVOtech Announces New Round of Funding
MarketWatch (press release)
ViVOtech has shipped nearly one million NFC payment readers to 328 customers in the United States and 181 customers internationally, accounting for well over half of all installed NFC readers globally. According to Forrester Research, mobile commerce ...
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OTI sues T-Mobile USA, alleges patent infringement
Chicago Tribune
A spokesman for T-Mobile USA was not immediately available for comment. NFC is an emerging technology being added to cellphones as the mobile industry hopes to encourage consumers to use their cellphones for payments instead of plastic cards.
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What the PayPal Here Mobile Payment System Promises
PCWorld
By Angela West, PCWorld The PayPal Here mobile payment service launched last week to a select group of retailers, and it will be available later in 2012 to all businesses. How does it appear to stack up against Square, Intuit GoPayment, ...
See all stories on this topic »
Mobile Money Opportunities in the BRIC Countries
MarketWatch (press release)
In Russia operators are placing a strong emphasis on making contactless mobile payment service available to users using the NFC standard, with NFC-enabled mobile payment trails initiated for making retail payments or on public transport.
See all stories on this topic »
5 things you need to know about near-field communications
ITworld.com
Near-field communication (NFC) is a short-range wireless transmitting technology that connects a smartphone with a receiver to transfer data. NFC's big potential is in mobile payments, which are convenient and cost saving, so they're attractive to ...
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Blaze Mobile Awarded Another Patent for NFC Payments
MarketWatch (press release)
BERKELEY, Calif., Mar 19, 2012 (BUSINESS WIRE) -- Blaze Mobile, a leader in mobile payment and NFC solutions, has been awarded a notice of allowance for a new patent for mobile banking and payment transactions. This new patent covers any mobile banking ...
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Gemalto selected by KDDI for Japan's first mobile NFC launch
MarketWatch (press release)
KDDI's mobile NFC program will be based on international standards compliant with GSMA's Pay-Buy-Mobile specifications, allowing for faster market rollout and ensuring a high level of security for transactions. "With more than 45 NFC projects globally, ...
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Hirsch Identive Showcases NFC "Mobile Touch to Open" at ISC West
MarketWatch (press release)
The "Mobile Touch to Open" demonstration leverages Hirsch Identive's powerful new DIGI*Net access control platform, Velocity 3.5 management software and multiple near field communication (NFC) door readers to provide an end-to-end NFC physical access ...
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NXP and HID Global Enable Mobile Access for NFC Phones
MarketWatch (press release)
NFC enables the secure and convenient sharing of information from one device to another over short distances based upon existing contactless standards, making it ideal for deploying easy-to use mobile access control applications.
See all stories on this topic »
T-Mobile Hit With NFC-Related Lawsuit Alleging Patent Violation
TmoNews
"We are also happy to provide innovative technology and partner with others in the industry to facilitate the growing future of contactless payments, data capture, loyalty programs, and more." T-Mobile has not yet responded to the lawsuit. the best ...
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Accumulate and Potevio signs agreement for mobile payment and NFC solutions in ...
SYS-CON Media (press release) (blog)
By RealWire News Distribution Accumulate and Potevio has agreed to cooperate on bringing innovative mobile payment, including NFC, to the Chinese market. First deployment is in 2Q, 2012. Beijing and Stockholm, Sweden - March 28, 2012 Accumulate and ...
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NFC mobile payments to hit $74B by 2015, says Juniper
VentureBeat
Near-field communications (NFC) payments are off to a slow start here in the US, but Juniper Research believes that they will reach a whopping $74 billion by 2015, and in the process will help to spur on the mobile payments revolution.
See all stories on this topic »

VentureBeat
As Google, Isis lock horns, U.S. trails in NFC phone shipments
GigaOm
In fact, the globe is just beginning to embrace NFC, with shipments growing 87.8 percent annually, Berg projected. The analyst firm expects NFC device shipments will reach 700 million in 2016. NFC is the key technology behind mobile payments, ...
See all stories on this topic »
NXP and HID Global are collaborating on NFC phones
EE Herald
NXP Semiconductors NV and HID Global are collaborating to introduce a global, generic Mobile Access solution for NFC-enabled mobile phones. The jointly developed solution to leverage NXP and HID Global advanced reader technologies within a physical ...
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Amex: Mobile payments 4-6 years away from tipping point
IntoMobile
In particular, the company now understands how important the user interface is on mobile. Even with all the hype about Google Wallet, NFC and mobile payments, Shulman still said that it will take nearly half a decade to really catch on because of ...
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NFC phone sales to jump to 100 million in 2012: research
Chicago Tribune
Handset vendors released more than 40 NFC-enabled models in 2011, hoping to tap emerging market for mobile payments. NFC enables data to be exchanged wirelessly over distances of a few centimeters, meaning mobile phones can be used to pay for goods, ...
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Bump Pay Will Let Users Exchange Money by Bumping Smartphones
PCWorld
The app, called Bump Pay, builds on the company's core technology, which enables two smartphones using Bump apps to transfer data by being tapped together. Unlike NFC (near-field communication), which Google and others are promoting for mobile payments ...
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Amazon Security FAIL: Contactless Bank Cards Vulnerable to Pickpocketing via ...
PCWorld
Not too long ago, when considering NFC mobile threats on the horizon, we asked what happens when we wave our wallets to pay? In this case with Barclays, Thomas Cannon Director of ViaForensics R&D told Channel 4, "All I did was I tap my phone over your ...
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Mobile Commerce Market Set to Accelerate With NFC Facilitating $74bn ...
MarketWatch (press release)
The Mobile Commerce Markets report shows that the rapid adoption of mobile devices for commerce-related applications is by no means limited to NFC. All segments -- money transfers, banking, payments and coupons -- are forecast to exhibit significant ...
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More Patent Legal Woes: T-Mobile Sued By OTI Over Use Of NFC in Nokia, HTC ...
TechCrunch
NFC is the technology that is the centerpiece for a number of contactless mobile payments services and data sharing other applications. The case was filed today in the United States District Court for the Southern District of New York, OTI says.
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TechCrunch


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