Mobile Money Network Announces UK Service, “Simple Tap” http://bit.ly/mfnyM4 The Mobile Money Network (MMN) has announced what it calls “a common sense approach to buying products and services via a mobile phone.” Dubbed “Simply Tap” the company says, the system will allow consumers with any mobile phone, on any mobile network and with any bank [...]
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Archive | April, 2011
Important for April 28,2011
April 28, 2011
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McCoy Myers, Geezeo in online banking services deal http://bit.ly/jvY529 Online banking services provider Geezeo has entered an agreement with McCoy Myers, a US provider of software services for community banks. Under the terms of the deal, both parties are expected to develop online banking services via an integrated suite of Online Financial Management (OFM) tools [...]
Read moreImportant Stories for April 27,2011
April 27, 2011
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Survey Says 85% of Consumers Believe Online Fraud Is a Growing Concern http://bit.ly/fmjI4n Results showed that 85% of survey respondents reported being worried and dissatisfied with the level of protection online businesses are providing to stop fraudsters today, which is up 5% from a 2009 Ponemon study that asked the same question. 42% of respondents, [...]
Read moreImportant Stories for April 26,2011
April 26, 2011
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London 2012 Olympics: Ukash, 3V Transaction Services join forces to offer e-cash option http://bit.ly/hr73QV UK voucher-based prepaid payment services provider Ukash has entered a partnership with Irish online payment company 3V Transaction Services to enable consumers to buy 2012 Olympic Games tickets with e-cash. Under the terms of the deal, consumers are able to purchase [...]
Read moreImportant Stories for April 25,2011
April 25, 2011
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EAPS reaches 2 million cross-border transactions milestone in 2010 http://bit.ly/dVxfB5 The number of European cross-border transactions carried out under the Euro Alliance of Payment Schemes (EAPS) payment framework have jumped by over 100 percent, reaching a 2 million milestone in 2010, compared to 942,000 transactions recorded in 2009. Under the Euro Alliance of Payment Schemes, [...]
Read moreImportant Stories for April 22,2011
April 22, 2011
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SMS Passcode releases new version of mobile-centric two-factor authentication platform http://bit.ly/hLIHuq Denmark-based two-factor authentication services company SMS Passcode has released the latest version of its mobile-centric two-factor authentication platform. The newly-launched version of the two-factor authentication platform, dubbed SMS Passcode V5, introduces a set of new capabilities such as de-facto standard platform for global two-factor [...]
Read moreImportant Stories for April 21,2011
April 21, 2011
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The Bancorp Bank, ACE Commercial Risk Services roll out prepaid card http://bit.ly/fgj9gb The Bancorp Bank Payment Solutions Group, a division of The Bancorp Bank, has teamed up with ACE Commercial Risk Services, part of the insurance services provider ACE Group to launch a prepaid card. Under the terms of the deal, the Bancorp Bank will [...]
Read moreDecrease Shopping Cart Abandonment
April 20, 2011
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Today, I read this interesting article from Elana Birnbaum on ecommercepartners.net “If your business is only converting 1 or 2% of its online shoppers, you are not alone. On average, 98% of people who visit a website will not make a purchase. However, the more shocking statistic involves people who initiate the checkout process – two [...]
Read moreImportant Stories for April 20,2011
April 20, 2011
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BillFloat and Online Resources Announce Partnership http://bit.ly/dNT6qH BillFloat has announced that it has entered into an agreement with Online Resources Corporation. “Under the strategic agreement, Online Resources will extend its biller-direct suite of electronic bill payment, presentment and receivables solutions by marketing BillFloat as a consumer payment option. BillFloat helps consumers avoid late fees, bank [...]
Read moreImportant Stories for April 18,2011
April 18, 2011
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Sell Your Gift Card and Name Your Price http://bit.ly/fhfXRk GiftCardBin, a leader in the secondary gift card market, has adopted a “Name your price” business model for purchasing gift cards from consumers in an effort to negotiate fair trade for cash. The updated website will debut in late April of 2011 and be available to [...]
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