Alibaba: more than just words…
What do you know about online auctions? What comes to your minds when you hear this? I'm more than sure that you will name eBay. It's essential as it is online auction ?1, but not the only one. There are dozens of other ones. But very soon eBay can yield the palm to another leader that is growing very fast. It is Asian auction Alibaba.com.
The US Mobile Internet - Major Partners Join Together on Clearwire
Clearwire and Sprint Nextel have announced that they have entered into a definitive agreement to combine their next-generation wireless broadband businesses to form a new wireless communications company. In addition, Intel Capital, Google, Comcast, Time Warner Cable, and Bright House Networks – have collectively agreed to
Flourish your mobile, not card
Do you think your wallet feels cluttered with all the cards you have to carry? Do you invariably forget to draw cash from the bank? Do you think it is a big bother to remember to carry cash or card? If you do, it's time to stop fretting. Your best buddy - the mobile phone - is gearing up to come to the rescue.
WaMu Launches Paperless Checking Account Openings on the Web
Washington Mutual has announced a new account opening experience that it says couples 100% online approval and opening, and eliminates the need to mail a traditional signature card. Rather than the signature card, the new customer 'uses the first check in their checkbook, which has been specially designed so that once written and processed, it is scanned and used to serve as the sample signature for the account.'
Death of Internet is approaching?
Nobody can deny that the Internet has radically changed the world on almost every level. This change is mostly for the better, especially in terms of trade and international commerce. Unfortunately, a growing group of experts are predicting that the foundation for this new, borderless world is sagging under it's own weight and that we're facing serious problems in just a few short years.
Mobiles begin calling the shots on banking and payments
The use of mobile phones for banking and remittances is growing worldwide, nowhere more so than the Middle East and Dubai where Mi-Pay is setting up its second data centre to support Middle East and African operators. In this interview Mi-Pay's CTO, Simon Cavill talks about some of the technical and regulatory challenges he is facing, as both the banks and mobile companies are converging on this hugely lucrative segment.
Obopay Confirms $20 Million Financing Round
Obopay has announce the closing of its fourth round of venture funding, raising $20 million along with adding two new board members. Essar Communications Holdings Limited, the telecom subsidiary of Essar Global Limited, led the round. The two new board members are K B Rajendran, Senior Vice President, Essar Global Limited and Robert G. Hottensen, Jr., Senior Vice President for Public Equity at Olayan America Corporation.
How contactless payment cards will lead to mobile payments
Javelin Strategy & Research has released a new report titled 'Contactless Strategy & Forecast' (
Preview) that reports findings about how contactless technology will become mainstream for payment card transactions.
How Economic Impact from Internet ‘Doomsday’ Scenario?
Economists worldwide say that a one day "blackout" of the Internet would have a major impact on the global economy, according to a survey conducted by ICC and the Ifo Institute for Economic Research and released today.
The survey asked economists to predict the impact on their country's economy if the Internet completely shut down for a day worldwide. A total of 1,004 responses from economists in 90 countries were received.
E-gold – the end of epoch?
We can keep silence and persuade ourselves not to speak on this topic for a long time. We can conduct auto-training and create optimistic forums where you will hot up the topic of predominance and divine origin of E-gold. But let’s face the truth. What E-gold payment system and E-gold Ltd., which stands behind it, represent today?
