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May 29, 2009

Facebook and Payments

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In a post titled "It’s Heeerrre: ‘Pay With Facebook’ Is In The Wild", MG Siegler writes for TechCrunch that Facebook appears to be updating its Payments Terms to support the purchase of Facebook Credits - and has enabled a few specific applications that support the use of Facebook Credits once purchased.

ID Insight, Patria Services Launch MoveManager

Tags » Address Fraud, ID Insight, Patria Services  » Comments (0)

ID Insight and Patria Services Corp. have announced they have formed a joint venture to provide “MoveManager,” a solution for address change requests that delivers both risk management and portfolio optimization. A webinar on the new offering is scheduled for Wednesday, June 3, from 2-3 PM EDT.

According to the two companies, "the “MoveManager” technology platform combines the industry best practices of regulatory compliance and fraud prevention related to a customer’s address change with patent-pending marketing solutions that enhance portfolio performance. An address change request signals one of the most critical events in the life cycle of a client relationship. From a risk perspective, relocation represents an exposure to potential account takeover fraud and identity theft. From an opportunity perspective, relocation indicates a significant opportunity to meet the evolving needs of existing customers by targeting and delivering relevant incentives to generate new revenues."

Voltage Security Introduces Data Breach Index

Tags » Data Security, Security, Voltage Security  » Comments (0)

Voltage Security has introduced the Voltage Data Breach Index, a single at-a-glance view into the state of national and global data breaches.

According to Voltage, "the visual map brings data breach reporting to life, summarizing historical and real-time breaches, size and scope, types of records, regions affected, industry and more. Perhaps most interesting is that patterns in the data enable the creation of a predictive data breach model. This model predicts, for example, that 14 data breaches will, over the next year, each expose 1,000,000 or more records to potential use by criminals. And, at least one breach of over 10,000,000 records will affect nearly 5 percent of the U.S. population." A white paper is also available.

Headline News - May 29, 2009

Tags » Payments News - Headline News  » Comments (0)

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.
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