There is no single mobile payment company in Europe that has reached the scale and stature that Square has in the U.S., where the Jack Dorsey-led startup processed $ 1 billion in transactions in 2012. Payleven, one of the many mobile payment startups that want to take that crown on the other side of the pond, is today announcing two more steps in its strategy to convince businesses and consumers to sign on. Payleven, part of the Samwer brothers’ Rocket Internet stable, has been authorized as a payment institution by the UK’s Financial Services Authority; and it is also now part of MasterCard’s mPOS program – two moves to improve its credibility as a secure payment provider.
Tag Archives: Scheme
Romanian citizen sentenced to five years in phishing scheme
Posted by Gsurface
on March 27, 2013
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A 28-year-old Romanian man was sentenced on Tuesday to five years in prison for his role in a phishing scheme, as part of a seven-year investigation by the U.S. Department of Justice.
Computerworld News
Two charged with gift-card hacking scheme
Posted by Gsurface
on March 16, 2013
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Two California men face charges in Massachusetts of hacking into point-of-sale computers at Subway restaurants and adding more than $ 40,000 in value to gift cards, the U.S. Department of Justice said.
Computerworld News
Intel web TV scheme may miss CES 2013 after licensing headaches
Posted by Gsurface
on January 2, 2013
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Intel’s aim to have a web-based TV platform blending on-demand and cable content launched early in the new year may be scuppered by longer-than-expected media negotiations, potentially pushing the debut back until Q4 2013. Initially planned for late 2012, but delayed after content owners supposedly put up more of a licensing challenge than Intel first
New Airwave-Sharing Scheme Will Launch a Wireless Revolution
Posted by Gsurface
on December 13, 2012
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A policy change means that sections of spectrum can be “checked out” for different purposes at specific locations.
Aiming to boost wireless bandwidth and innovation, the U.S. Federal Communications Commission is poised to recommend the biggest regulatory change in decades: one that allows a newly available chunk of wireless spectrum to be leased by different companies at different times and places, rather than being auctioned off to one high bidder.
Fake Google Announcement Was Likely a Stock Pump-and-Dump Scheme
Posted by Gsurface
on November 27, 2012
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UK ‘Virtual ID Card’ Scheme Set For Launch
Posted by Gsurface
on October 4, 2012
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First time accepted submitter evrybodygonsurfin writes “The UK Government will announce details this month of a controversial national identity scheme which will allow people to use their mobile phones and social media profiles as official identification documents for accessing public services. People wishing to apply for services ranging from tax credits to fishing licences and passports will be asked to choose from a list of familiar online log-ins, including those they already use on social media sites, banks, and large retailers such as supermarkets, to prove their identity.” I can’t wait until carrying a telephone is mandatory. In the U.S. at least, how else will the government send you important messages?
Read more of this story at Slashdot.
FCC to move on sharing scheme that could free up 100MHz of wireless spectrum
Posted by Gsurface
on September 14, 2012
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The U.S. Federal Communications Commission says it will act by the end of the year on a White House-appointed panel's recommendation to have federal agencies share 100MHz of spectrum with commercial users.
Computerworld News
Large Bitcoin Ponzi Scheme Collapses With a Loss of $5.6 Million
Posted by Gsurface
on August 29, 2012
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New submitter beltsbear writes “Despite the many people calling it out as a Ponzi scheme from the beginning, Pirateat40 was able to collect millions of dollars worth of Bitcoins from thousands of Bitcoin users. At almost every stage Pirateat40 copied the path of the EVE Online Ponzi scheme except on a much larger scale with a far more liquid take. Now, it has shut down, and investors are wondering where their digital currency went. Quoting: ‘He claimed that BS&T was sitting on 500,000 BTC on the day of the shutdown, worth more than $ 5.6 million USD at today’s price of $ 11.38. “Once my process is released you’ll understand more of how coins move around,” he told members of the Bitcoin community last week. Pirateat40 initially promised to refund his investors’ Bitcoin deposits plus interest within a week, effectively admitting that he did not have the Bitcoins on hand. The fund normally paid out on Mondays, but last Monday and today have passed so far without refunds. BS&T investors are complaining loudly and so-called “pass-through” funds that invested with BS&T are shutting down. As of this writing, BS&T says there is “no ETA on payments.”‘”
Read more of this story at Slashdot.
VMware Back-Pedals On vRAM Scheme, Back To Per-Socket Pricing
Posted by Gsurface
on August 28, 2012
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Last year VMware introduced a complex pricing scheme based on the size of the memory associated with each virtual machine instance. New CEO Pat Gelsinger announced this week that this system (which he described as “a four letter word”) has been deprecated, and VMware is back to more straightforwardly charging per physical processor. Adds reader hypnosec: “Pricing hasn’t been announced yet but a file [PDF] present on VMware’s site does give an indication about the new pricing.” Update: 08/28 17:18 GMT by S : Updated the headline and summary to reflect that the price is per processor, not per core.
Read more of this story at Slashdot.
Time Warner Cable starts rolling out lightly refreshed guide with new color scheme, cloud VOD search
Posted by Gsurface
on June 14, 2012
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While it’s definitely good news that Time Warner Cable is revisiting its Navigator guide again, the bad news is that at least in terms of appearance, very little has changed. The screenshots above show the old guide (left) next to the new one (right) and as you can see, other than a color scheme adjustment to match its new apps, things are almost entirely the same. In terms of functional adjustments, names have changed for some of the menus, and now the A button on the remote pulls up channels listed by category, the B button searches by title and the select button lets you know if features like Start Over, Look Back or VOD are available. According to CED Magazine, the guide’s (slight) facelift also goes hand in hand with a new cloud-based video on-demand portal that includes with richer graphics and metadata, as a prelude to more cloud-provided navigation and IPTV set-top boxes. So far we’re seeing notes that the new guide is being delivered in Syracuse and Charlotte, if you haven’t received it yet Time Warner Cable says it will be running newspaper ads ahead of the change in each area — people still read newspapers, right?
Time Warner Cable starts rolling out lightly refreshed guide with new color scheme, cloud VOD search originally appeared on Engadget on Thu, 14 Jun 2012 00:14:00 EDT. Please see our terms for use of feeds.
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GAME suspends refunds and Reward Card scheme
Posted by Gsurface
on March 26, 2012
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GAME officially entered administration today, with no sign of a buyer. The move comes after poor sales during the 2011 holiday season, as well as gaming publishers refusing to negotiate with GAME in order to secure more favourable deals. GAME has taken to Facebook today to inform customers of the moves the company is planning
Proposed Video Copy Protection Scheme For HTML5 Raises W3C Ire
Posted by Gsurface
on February 23, 2012
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suraj.sun writes with this excerpt from Ars Technica: “A new Web standard proposal authored by Google, Microsoft, and Netflix seeks to bring copy protection mechanisms to the Web. The Encrypted Media Extensions draft defines a framework for enabling the playback of protected media content in the Web browser. The proposal is controversial and has raised concern among some parties that are participating in the standards process. In a discussion on the W3C HTML mailing list, critics questioned whether the proposed framework would really provide the level of security demanded by content providers. The aim of the proposal is not to mandate a complete DRM platform, but to provide the necessary components for a generic key-based content decryption system. It is designed to work with pluggable modules that implement the actual decryption mechanisms.”
Read more of this story at Slashdot.
DOJ charges seven in massive clickjacking scheme
Posted by Gsurface
on November 10, 2011
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The U.S. Department of Justice is charging seven individuals with 27 counts of wire fraud and other computer-related crimes, alleging that the group hijacked 4 million computers across 100 countries in a sophisticated clickjacking scheme.
Computerworld News
Blog – How Wired Turned Creative Commons into a Link Marketing Scheme
Posted by Gsurface
on November 9, 2011
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