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Articles tagged with: visa

Visa’s NFC Coming This Fall

Visa is following through with its promise last week of a new mobile payment system. The company will be creating a mobile wallet that uses NFC wireless technology with the credit card’s firm payWave app to buy items in stores as well as online. Some of the banking institutions already onboard with near-fields communication technology include Barclaycard US, Pentagon Federal Credit Union, and US Bank, as well as most major Canadian banks.

Visa And Square Partner Up To Buff Up Security

Since Visa’s investment with the mobile payment company, Square, we see that the two have announced a new version of the Square dongle that adds encryption and enhances security. Square has received much criticism in the past from Verifone, claiming that Square’s system is insecure and outdated.

Although Square has denied these allegations (who wouldn’t deny such allegations?), the company has introduced a new version of the Square reader that employs encryption, hinting that perhaps they did agree that security needed to be enhanced. Of course all this comes after Sony’s PlayStation Network gets hacked, is down for seven days, and has personal information of 70 million members stolen.

Marketing Firm Breached – Banks Warning Customers

Multiple banks are warning customers that their personal information (name and email address) was accessed by hackers who breached a national marketing firm in Dallas, TX.

Epsilon Interactive, a global marketing firm, was hacked and their clients marketing files was compromised. The names and email addresses were exposed as part of the breached and the data has fallen into the wrong hands when someone broke into Epsilon’s computer systems.

Samsung And Visa Bring NFC To London 2012 Olympics

Samsung and Visa are currently in talks about a partnership delivering NFC mobile payment technology for the London 2012 Olympics. Both companies are considering rolling an Olympics and Paralympics Games handset in London that will be specially equipped with the new NFC technology. The new phone will work with a Visa payment application and a special SIM card. The consumer will be able to make a purchase with the phone by opening the Visa application and holding it in front of a special contactless reader.

London currently has 60,000 contactless readers in place and VISA is working hard with banks and retailers to make that number even larger. Samsung and VISA sponsored athletes will be among the first to get their hands on the new phone, with consumers later able to buy the phone through…

Startup Jumio Gets Funding From Facebook Co-Founder

Jumio, a startup that claims will revolutionize mobile payments, has received $6.5 million in funding from Facebook co-founder Eduardo Saverin along with a few other investors.

Daniel Mattes, the company CEO, founded the startup in 2010 and currently has a few products in development. Jumio claimed via a blog post that the product would launch soon.

The company has yet to launch so its hard to know for sure what they do. Their promotional video claims they will end cash as we know it.

Show Me The Tweets!!!

The NFL has teamed up with Visa and Twitter for Super Bowl XLV to engage users in a new social exchange and promote their brands. The trio launched a Super Bowl campaign dubbed “Go Inside Super Bowl XLV With Visa” with a cool site. Using the @nfl for the NFL, @packers for the Green Bay Packers and @steelers for the Pittsburgh Steelers you are able to interact with them on Twitter.

The site displays three different graphs that pull data from the Twitterverse; a heat map of sorts showing real-time visualization of trending topics — the larger the area the more tweets for that topic, a gridiron showing number of mentions for given keywords, and a US map overlay indicating frequency of hash tag tweets across the country. The site is neat with lots of goodies, including tweets from famous athletes and graphics that shows volume of tweets on any given NFL-related topic.