Items tagged with credit

Samsung is most certainly winning the Android war in terms of market share, profit share, and mind share. In fact, it's getting tougher and tougher for those other Android OEMs to make a dent in the market, with Samsung spending billions each on marketing alone. Needless to say, we suspect that Visa is pretty pumped about this new agreement. It's an expansion from the deal the two nailed down in time for the London Olympics in 2012, now branded as a "global alliance" that'll bring Visa's payWave app to future Samsung mobile devices with NFC chips in them. As mobile payments continue to become more... Read more...
Is mobile payment the future? It might be. Samsung's Nexus S is already equipped with NFC, a common protocol for mobile payment systems. And now, Visa and DeviceFidelity could be delivering similar support to phones that lack an NFC module from the factory. The two companies today the commercial availability of mobile contactless payments enabled by DeviceFidelity's In2Pay microSD solution. This means that any smartphone with a MicroSD card slot could, in theory, make mobile payments. It's a great aftermarket solution that brings existing smartphones into a universe where mobile payments are the... Read more...
Two lawsuits mean a small credit ($45) will be due to Canadian owners of older iPods: first-, second- or third-generation iPods purchased before June 24, 2004.Apple agreed to a settlement covering both claims. The deal has to be finalized in court in Montreal on May 26 and in Toronto on June 20.As many as 80,000 Canadians could be eligible, including 11,310 Quebecers, said Montreal lawyer Philippe Trudel, who represented Lenzi.A Toronto firm that handles public relations for Apple Canada did not return a call yesterday.The $45 offer is considerably less than the amount sought by the Montreal plaintiff.... Read more...
GE Money misplaced a backup tape with about 650,000 customer's personal credit information.  There are two additional facts that make this particularly noteworthy.First is that GE Money handles the credit information of more than 100 retailers including JC Penney.  Without knowing the names of the other retailers, it isn't possible to really say exactly who else may be impacted directly by this loss.The second is that the data loss was discovered in October!“The information was on a backup computer tape that was discovered missing last October. It was being stored at a warehouse run by... Read more...
If nothing else, Apple is a whiz at PR and responds (generally) to customer complaints. In an open letter posted today, Steve Jobs addressed the anger early adopters of the iPhone have felt - and vented in various places - since yesterday's 33% price drop. Therefore, we have decided to offer every iPhone customer who purchased an iPhone from either Apple or AT&T, and who is not receiving a rebate or any other consideration, a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. Details are still being worked out and will be posted on Apple's... Read more...
Though we wouldn’t say that credit cards have “revolutionized” our lives, one could argue that they have changed, to an extent, the way we spend money. A card is more compact, more hygienic (we hope), and much less risky to use for purchases, and to carry around. Nonetheless, things could always be better, as indicated by the recent fad that revolves around biometric devices. Now it seems that even our fingers can be used to make purchases, and it should come as no surprise that a Japanese company decided to spearhead the venture. “Hitachi’s new e-credit system uses an increasingly common biometric... Read more...
If somebody stole your credit card information and intends to use it online, it’s not all bad news.  You could end up with a very small tax-deduction, or at least that’s what Symantec is claiming.The latest trend for people who steal credit card information (carders) is that they test the stolen information by making small donations.  Whether or not this will save them a few years when they get sentenced is unknown, but it does seem that they may have found a way around all those algorithms that determine what is and isn’t a “normal purchase” for a cardholder.  After all, not many people donate... Read more...
Smaller, faster, better, that's the way of the world when it comes to Semiconductors and Consumer Electronics.  The Inq has a bit of detail on a Wireless client that fits in the palm of your hand. "ISRAELI COMPANY Compulab recently announced a computer that manages to cram a complete PDA into a device two-thirds the size of a credit card. The CM-X270L measures just 4.4 x 6.6 cm. In comparison, a MiniPCI wireless card is 6.0 x 4.4 cm - just half a centimetre thinner. In this space, the CM-X270L somehow manages fits in an Intel (should that be Marvell?) XScale chip running Windows CE... Read more...