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The Green SheetGreen Sheet

Monday, December 19, 2011

Short takes on payments

Following are a few of today's news items The Green Sheet found to be of particular interest to payment pros. For more of the latest news, see News From The Wire on the left-hand side of this page.

Mobile payments to phone bills insecure

An analysis released Dec. 14, 2011, by the Consumers Union stated protections commonly extended to credit card and debit card users may not apply to users of smart devices when their devices are lost or stolen, when billing errors occur or when purchased items are returned. The analysis also found many protections wireless carriers have said are provided to consumers are not disclosed in customer contracts.

A complete copy of the report may be found at www.defendyourdollars.org/2011/12/how_top_wireless_carriers_comp.html .

More speakers tapped for payment conference

Gulf Bay Consulting LLC added another list of speakers for its Social: Mobile: Payments/ Conference & Exhibition at the World Center Marriott Resort & Convention Center in Orlando, Fla., from April 11 to 12, 2012.

The new list includes speakers representing PayPal Inc.'s mobile division, Tapjoy Inc., Jumio Inc. and Charge Anywhere LLC, among others. The presenters will address such topics as in-app billing strategies, near field communication in developing and developed markets, mobile merchants, content discovery and next-generation gift card technologies. Also available will be information on microfinance; carrier billing; mobile video and gesture, voice and touch technology; tablet commerce; virtual currencies; mobile top-up; and social giving.

For more information and a complete list of speakers, see www.socialmobilepayments.com .

Santa's website protected

The Green Sheet noted with interest that the distributed denial of service (DDoS) protection services company Prolexic Technologies S.A. assured anxious Santa petitioners it mitigated a "significant attack last week that targeted the website of Santa Claus." The company said it was able to fight off a "massive Layer 3 attack" on the jolly elf's site.

Prolexic said the busy Mr. Claus has since traveled to its headquarters in Hollywood, Fla., to sign a contract for 24/7 DDoS monitoring.

"What kind of person would want to take down my site and ruin Christmas?" a despondent Santa asked rhetorically in the Prolexic press release. He speculated the attack may have been the work of The Grinch or, perhaps, "slacker elves" fired earlier in the year.

"I'm glad this incident is over so we can refocus on all the good things about this time of year," the old man, who seemed out of place dressed entirely in fur in the Florida sun, said. end of article

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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