May 10, 2011 A report came out on May 10 from IMS Research that 2011 is the year that NFC (Near Field Communications) “finally comes good and takes off”. Since NFCs inception 7 years ago there has been one disappointment after another in becoming widely used, but big things are expected this year. Some of …
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The FTC passed “Dot Com Disclosures”, an assistance document that advises businesses how federal advertising law applies to advertising and sales on the internet, 11 years ago. Since the rules and regulations have changed dramatically in the last 11 years, the FTC is now looking for input from the professionals and public on how the …
Read more »http://money.cnn.com/2011/05/26/technology/google_wallet/index.htm?section=money_latest&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_latest+%28Latest+News%29 Thursday May 26, 2011 Google is teaming with MasterCard, First Data, Citigroup and Sprint to launch a new smart phone-based mobile payment solution. The project, called Google Wallet, will enable Near Field Communication chips (NFC chip; the popular payment technology utilized heavily around the world in place of the magnetic strips currently on most US …
Read more »Big Banks are Joining the Battle for the Online Payment Space http://online.wsj.com/article/SB10001424052702304066504576343870105406768.html With new banking regulations set to cut revenues severely, and the fast decline of paper money, the banks are looking to retain customer influence by offering an alternative payment product similar to the PayPal offering. It is possible that some small retailers take …
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