Headline News - April 16, 2013
On the web:
- Walmart Joins NRF, Ends Longest-Running Retail Feud Ever - StorefrontBacktalk - "According to one person familiar with the players involved, what changed is the nature of some of the legislation that Walmart is now pushing, such as interchange and tax considerations for E-Commerce."
- The case for digital tender - FT Alphaville - "…Central banks should issue their own e-money instead of leaving it in the hands of private companies."
- Gavin Andresen, Bitcoin Architect: Meet The Man Bringing You Bitcoin (And Getting Paid In It) - Huffington Post - "The mission is really to create a stable worldwide currency for the internet."
- Yay, hiss! Cards' mag stripe 'fingerprint' may foil thieves - Taking Charge Blog - "It turns out there's a similar lo-fi static attached to your credit card's magnetic stripe that, much like my vinyl mixtape, has long gone unheard and unappreciated."
- Champ at the Bitcoin (Comic) - AllThingsD
- Prepaid Debit Cards More Popular, Despite Fees - NY Times Bucks Blog - "One of the more frustrating fees on the cards is a charge for calling customer service."
- Bitcoin Isn’t the Only Cryptocurrency in Town - Technology Review - "Several others are also surging in popularity and value, and they claim to offer technical improvements that make them better suited to mainstream use."
- Eat Out Kenya Launches Partnership with KopoKopo, Safaricom - Yummy - "MPESA should be an option that every restaurant offers, especially when KopoKopo have streamlined the management and reporting process."
- The business case for EMV in the USA, yet again - Consult Hyperion's Tomorrow's Transactions Blog - "…I might go a little further and say that if cross-sector authentication solutions are developed reasonably quickly, then the issuers might be much better off shifting to the "something present" (SP) model sooner rather than later…"
- PayPal Extends Seller Protection Provision Off eBay - EcommerceBytes.com - "It appears not all sellers are covered for off-eBay protections yet, as PayPal rolls out coverage through the year, so look for a letter in your email inbox."
- Miura: we’ll ship 500,000 chip & PIN readers this year - Mobile Money Revolution
On the wires:
- Steve Elefant: A Pioneer in Payments, Point of Sale and Electronic Commerce Joins GoPago to Lead Strategy - "I have looked at all of the solutions and without a doubt, GoPago has the most robust cloud-based commerce, point-of-sale and mobile ordering platform on the market today."
- WorldPay and Intershop partner to deliver eCommerce solution with extensive payment processing and risk functionality - "The integration will provide retail merchants with a complete eCommerce solution with extensive payment processing, global customer reach and risk functionality."
- Mercury Leader Joins ETA Mobile Payments Committee - "In this role, Nayfack will develop best practices in mobile commerce with industry peers to enable merchants and consumers to navigate technological “ease-of-use.”
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
