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Is There a PayPal Killer in the House...Home...HomeATM?

Posted by John B. Frank Monday, September 29, 2008 0 comments
Late last week, in a post entitled: Consumers Safer When Left to Their Own Devices, I talked about the simplicity, security and safety of HomeATM's ePayment Solution.Simply put, HomeATM Provides Online Shoppers With the Ability to Swipe and Process Their Own Credit/Debit Cards, with Their Own Point of Sale (POS) Device Within the Friendly Confines of Their Own Home. My point is this: When online shopping, the "Point" Of Sale is where the consumer is...at home. Therefore, that's where the "SwipePIN"...
Cisco's Internet Business Solutions Group has announced results of a survey finding that "important consumer segments such as baby boomers trust online payment providers more than they trust traditional banks.""Consumers are demanding the same convenience they receive online when shopping in a brick-and-mortar environment. This dramatic shift in consumer expectations presents a considerable market opportunity for financial institutions that embrace connected commerce. The average incremental value...
Image via WikipediaThe Green Sheet 2.0 :: NewswirePCI SSC meeting attendees help guide payments' futureThe PCI Security Standards Council (PCI SSC), a global, open industry standards body providing management of the Payment Card Industry Data Security Standard (PCI DSS), PIN Entry Device (PED) Security Requirements and the Payment Application Data Security Standard (PA-DSS), today announced that more than 550 attendees from over 325 organizations met at the Council’s second annual Community Meeting,...

Consumers Safer When Left To Their Own Devices

Posted by John B. Frank Friday, September 26, 2008 0 comments
The U.S. Census Bureau reports that U.S. retail eCommerce sales for the second quarter of 2008 totaled $34.6 billion (U.S.), an increase of more than 9% over the same period in 2007, while total retail sales increased by only 2.5%. Statistics Canada reports that, “Online sales increased at a double-digit pace for the sixth consecutive year in 2007. Total private and public sector Internet sales hit an estimated $62.7 billion, up 26% from 2006.”While these figures still represent a relatively small...
It was clearly the web and e-commerce that drove sales growth at The Neiman Marcus Group Inc. for the 2008 fiscal year.For the year, Neiman Marcus, grew web sales by 13.1% to $564.5 million from e-commerce sales of $499 million in fiscal 2007. In comparison, total revenue increased by 4.8% from $4.39 billion in fiscal 2007 to $4.6 billion in FY 2008. Store sales rose year-over-year by 4.9% to $3.85 billion from $3.67 billion. Neiman Marcus posted operating earnings of $466.4 million from operating...

Canadian Retailers Getting Riled by Interchange

Posted by John B. Frank Wednesday, September 24, 2008 0 comments
Last week (Use a PIN to "Stop Sticking It to Us") I blogged about the Retail Council of Canada's new campaign against high interchange fees. In it, I mentioned that if all these organizations made the same effort to have their customers use PIN Debit, they would stop sticking it to themselves.Apparently, the Retailer Council of Canada sure has the backing of Canada's major Retail Association's behind them.I could see the very same transpiring on the Internet Retailing front. 100% of the Top 500...

Internet Retailer Releases 2009 Guide to E-Commerce

Posted by John B. Frank Tuesday, September 23, 2008 0 comments
Research On E-Commerce VendorsFrom the Authority in E-Retailing Buying E-Commerce Technology in 2009? Buy This First! Next year will be very competitive in e-retailing. Who isn’t trying to expand their share of this market—the only growth segment in all of retailing. But as online merchants look to be more competitive in 2009, they are going to employ more robust e-commerce solutions and services to capitalize on the spectacular growth of online retailing. Trouble is, there are now...
Study: Vast number of cyber attacks 'Made in the USA' • The RegisterBy Dan Goodin in San FranciscoPosted in Security, 23rd September 2008 03:48 GMTWhen it comes to cybercrime, Eastern Europe, China, and Brazil may get the lion's share of press attention, but a new study shows a vast proportion of attacks come from computers in the United States.Security firm SecureWorks has counted 20.6 million attacks against its customers that originated inside US borders so far this year. China ranked No. 2 on...
Web boom in English-obsessed Korea on Yahoo! NewsBy Park Ju-minMonArmed with the world's fastest Internet and an even stronger desire to learn English, South Koreans are using the latest Web resources to master a language that is the economic and emotional focus of their education.On any given day, students ranging from kids learning their alphabet to adults preparing for job interviews sign in on their Internet messengers, fire up their webcams and wait for English teachers to appear -- from faraway...
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