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September 04, 2008

Chrome Thoughts

Colin Henderson blogs about Google's new Chrome browser - asking bankers "Where is the Chrome in your strategy?"

A Push Begins for Chip and PIN in the US

In an article titled "Could this chip have prevented the TJX breach?", Ross Kerber reports for the Boston Globe on an interview with TJX vice chairman Donald G. Campbell who is "urging banks and other retailers to embrace a multibillion-dollar technology that uses a tiny computer chip to stop criminals from using stolen debit and credit cards." He's also proposing that retailers, banks and the card companies share the costs of upgrading the US to a Chip and PIN card payments infrastructure. On his StorefrontBacktalk blog, Evan Schuman writes: "There's little question that both moves [Chip and PIN plus encrypted card data transmission] would improve security, but the cost and change required will also make them almost impossible to deploy."

Enhancing Gift Cards with Mobile Features

Mocapay has announced that it has been selected by Smart Transaction Systems (STS) as a mobile marketing and payment platform to mobilize STS’s card-based payment systems. Mocapay’s mobile marketing and payment platform enables real-time mobile payments, promotions and loyalty at the point of sale. Mocapay and STS will launch a pilot in 2008, selecting from STS’s 4,500 retail clients. READ MORE »

PayPal Thought Leaders Webinar Series - Archives Available

During August, PayPal hosted four webinars on various subjects of interest to online ecommerce merchants. If you missed the webinars, online archives of each of the webinars are now available. The topics include: Capturing the Voice of Your Customer to Drive ROI, Using Social Media and Networking to Boost Sales, Building Loyal Customers to Increase Profitability, and Reducing Shopping Cart Abandonment.

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