links for 2010-02-23

February 24, 2010
  • "Trusted Access for Banking is actually a standard IronKey USB drive that runs a walled or 'hardened' Linux virtual environment inside the PC's OS. It comes complete with its own browser hardwired to access only a particular bank service, and incorporates RSA Secure ID tokens for authentication"
  • For businesses that depend on moving money, the distributed, lower-cost, easier-to-access future can’t come soon enough. Mitchell Wolfe, an ecommerce veteran who ran Compaq’s Canadian Internet sales team… has been wrestling with the payment industry for 15 years. “There’s friction all over the place,” he says.When he started bTrendie, a… site that sells clothes and gear for pregnant women and new mothers, he decided to do as much as possible through PayPal. Now he accepts payments from customers into the same PayPal account he uses to pay his vendors. The money flows instantly, bypassing direct contact with banks or credit cards. That means no charges for moving money internationally, no extra staffers, no long delays while he waits for transactions to process, and he can keep better track of his cash and data. For Wolfe, the old payment world is a vestigial appendage. “The less you have to deal directly with the banks and credit card companies,” he says, “the better off you are.”
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links for 2010-02-22

February 23, 2010

links for 2010-02-17

February 18, 2010

links for 2010-02-16

February 17, 2010
  • "..send your Venmo contacts payments by texting Venmo something like “pay Sally $6 for the yummy burrito.” You can also declare a contact “trusted,” and allow them to directly pull from your Venmo account (which in turn pulls from your credit card or bank account) without your confirmation. Or you can Venmo someone $3 with the message 'grab me a coffee' when you know they’re on their way over to your office."

links for 2010-02-14

February 15, 2010

links for 2010-02-10

February 11, 2010

links for 2010-02-05

February 6, 2010
  • Broadly, this bill seeks to establish transparency between all actors participating in the consumer credit market. More specifically, it seeks to restrict unfair interest rate hikes, fees and penalties. It also bans credit card companies from knowingly issuing cards to people under the age of 18. Furthermore, it calls for the broad dissemination of information by creditors to the public regarding changes and developments in credit card accounts, methods of contact, and credit counseling services, and by the Federal Reserve Board to Congress and the public, alike, regarding the general health of the consumer credit market.
  • Most likely developed by Lindsay Lohan to prevent future lawsuits from personal assistants, SIRI uses voice recognition capabilities to become your personal assistant. "You simply speak into the phone with a request like, 'Find something to do in San Francisco this weekend.'" It will not only find you something to do, but if you give it permission, it will book reservations and buy tickets too.