Thursday , April 19, 2018

Mobile Commerce

Rising Demand for Strong Authentication Helps Propel KBA Vendor Verid

The rising interest among banks and Internet merchants in more robust methods to verify that online customers are who they say they are is helping drive business for a form of such verification known as knowledge-based authentication. Verid Inc., a 6-year-old supplier of KBA processing services, says its transaction volume, …

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Report: Patent Case Threatens to Cripple U.S. Prepaid Wireless Market

The outcome in a patent-infringement case in May is hindering the development of the prepaid wireless business in the U.S. at a time when the market is already behind overseas markets in usage, a report released by a major research firm says. According to the report from the Yankee Group, …

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Peppercoin Processes Cell-Phone Parking Payments in Las Vegas

Reino Enforcement Technology on Wednesday will begin processing parking fees on 15 meters in downtown Las Vegas through Peppercoin Inc.'s micropayment platform. The meters, which control 150 parking spaces in the city's business district, allow drivers to charge initial parking fees, as well as additional time, to credit and debit …

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C-Sam Touts ‘Wallet’ Software to Spark Mobile Payments in the U.S.

A small, privately held company based in the outskirts of Chicago figures it has the platform on which mobile payments will take off in the U.S., a market that up to now has not been favorable for handheld-based transactions. By the end of the year, C-Sam Inc. plans to have …

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U.S. Wireless Subscribers Exceed Landline Hookups for the First Time

In a development with implications for mobile commerce in the U.S., the number of wireless subscribers has for the first time exceeded the number of landline connections in this country. According to a report compiled by the Federal Communications Commission, there were 181.1 mobile subscriptions in place on Dec. 31, …

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Valista Looks to Strong U.S. Growth in Wake of Partnership with IBM

Looking toward a breakthrough year in payments processing for online and mobile digital content, Valista Ltd. has signed a marketing and technology deal with IBM Corp. that it says will help it recruit its first major North American client since America Online Inc. The unnamed telecom operator, currently a client …

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Ring-Tone Market Jumped 6% Among Mobile Users in April

Some 24.6 million U.S. wireless-phone subscribers?or 13.6% of the base of mobile users?downloaded ring tones in April, according to the latest monthly survey of mobile-phone usage by market-researcher M:Metrics Inc. That's up 6% from the Seattle firm's March survey. At the same time, the survey shows nearly 6 million users, …

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Valista Adds Payments Software to Handle Multi-Seller Content Deals

Valista Ltd. says it has developed the first software product capable of handling payments for digital content offered by multiple merchants on the platforms of wireless operators and Internet portals. The payments software, which the Ireland-based company refers to as a “revenue-assurance” solution, allows operators and ISPs to manage payments …

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Phishing Perks up in March As Fraudsters Target More Brands

After a slowdown in February, the number of Web sites engaged in phishing frauds increased at a faster clip in March, reaching 2,870, according to data released by the Anti-Phishing Working Group, an organization of software firms, payment companies, and law-enforcement agencies that tracks the online fraud. The 6.9% increase …

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BiPSA: A Battle Plan for Taking the Initiative Away from Hackers

With hackers, phishers, and other criminals undermining the trust all transaction networks depend on for their survival, some experts say the time has come to fight back. In the following excerpt from “The Myth of Invincible Encryption,” an article that will appear in the May-June 2005 issue of Digital Transactions …

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