Swiss authorities announced last week a decision to impose restrictions on financial transactions against some Russian officials “The Federal Council on April 2, 2014 decided not to introduce the EU sanctions on the territory of Switzerland. However, we will take steps to prevent the circumvention...
e-Commeerce startup PayStand announced that it has raised $1 million in seed funding opened up its service to any entrepreneur looking to sell his or her goods from a PC or mobile browser. “Our goal is to drive adoption of no cost and low cost...
eBay users can now buy, mine, and sell digital currencies through the site. “eBay has divided its digital currency section into 3 areas. (Currency, Mining Contracts and Miners.)” reported Coin Report. eBay has yet to accept any form of digital currency for their own payment...
mPOS has been promoted as the next step in secure payments systems. Yet Thursday, MWR InfoSecurity researchers showed how MPOS terminals can be comprised via multiple attack techniques. “The researchers…displayed how an attacker could gain full control of the MPOS terminal, allowing them to display...
After almost a decade of partnership with Discover, Wal-Mart and its subsidiary property Sam’s Club have elected to enter into an agreement to make MasterCard their go-to payments network for handling all transactions on its store-branded credit cards. The switch to MasterCard comes as part...
Yet another state, Louisiana, is looking to convert plastic back to paper, at least when it comes to how tax refunds are distributed. Under a bill approved by the state’s House Ways and Mean Committee on March 31, taxpayers who do not specify a specific...
Last year digital-payment revenue in sub-Saharan Africa have been on the rise and may spike in the future. A recent study by McKinsey and Gates Foundation predicts that “Electronic-payments revenue in sub-Saharan Africa (SSA) could reach up to $16 billion annually in the next few...
The e-commerce company runs proprietary technology allowing retailers to interact with customers all over the world and handles logistics like carrier management and customs compliance. Read More.
Iris recognition technology has arrived and to be the security of the future. SRI International presented a white paper outlining how a range of organizations will be able to authenticate people once iris recognition becomes the standard. According to the report iris recognition systems will strengthen...
