The rumers were true: Google Checkout announced today. Read the press release on Google's site More info from Google (including a video tour). CNET article New York Times article San Francisco Chronicle article
CNET News reports that Google is expected to announce its new payment network this week, directly challenging PayPal. Rumers have been circulating for months culminating in a storm of buzz this week. Excerpted from CNET:What's new Google is expected to announce a...
New technical specifications for "near-field communication", released last week by an international rules-setting body backing the technology, should add momentum in the U.S. to the trend toward contactless payments on mobile phones. The new specifications...
Graphic courtesy of American Banker Infographic: E-Payments Surging WorldwideAmerican Banker (subscription required)Tuesday, June 6, 2006
Coming soon to an ATM near you: imaging checks as you deposit them. Wells Fargo and BofA have been testing image ATMs over the last couple years and are now committing to roll the new technology out nationwide. Customer benefits include no envelopes, faster clearing...
Despite all the concern over online transaction security, most ID theft occurs via old-fashioned mail (although fraudsters will utilize the web to open accounts once they've stolen an identity). An article in today's New York Times explores identity theft...
A recent poll by the research firm Harris Interactive indicates that the number of bills paid online is rapidly approaching the number paid by check: Other = cash, debit cards, or other payment methods.Source: Harris Interactive data (quoted in The New York...
Today Lifehacker has detailed instructions on how to send money via PayPal with your cell phone... mobile payments 101 for the uninitiated. So far the comments include an endorsement of rival TextPayMe and a pitch for smartcard payments. Lifehacker: Geek to Live: Send...
This is a follow up to my earlier post on consumer privacy and RFID. Today best practice guidelines for RFID privacy will be released at a Las Vegas trade show. The guidelines were developed by a group of business and consumer advocates. Participants that are expected...
Text message based payment services are dependent on gateways that link wireless carriers and payment processors. MX Telecom, Inc. provides the infrastructure underlying PayPal's PayPal Mobile and TextPayMe. The company has been in business for six years and was...
