Credit cards account for 90 percent of online payments. CheckSpace Inc. and Achex Inc. are taking aim at the other 10 percent with new tools that make it easier for consumers to pay online without using a credit card. Some 100 million consumers dont have access to a credit card, according to a recent Nilson […]
A number of software developers are jockeying to become the preferred source for wireless applications to the financial services industry. And while the institutions themselves are responding by rushing out wireless services, theyre doing so without a clear strategy or clear demand. Sun Microsystems Inc., Financial Fusion Inc., IBM and other developers announced wireless initiatives […]
Mastercard international Inc. has rolled out several initiatives aimed at easing financial institutions into online commerce, including a new tool, two new Web sites and a digital electronic wallet. The MasterCard eService tool, which was introduced at the BAI Retail Delivery banking conference here late last month, is an electronic “desktop member representative” that provides […]
A host of ocean carriers will join with software developer Tradiant Inc. to launch a platform in the first quarter of next year for facilitating transactions among the various—and often numerous—parties involved in international trade. The GTN (Global Transportation Network) platform, announced last week, enables importers and exporters to simplify the process of containerized transportation […]
Advanced Biometrics Inc. is developing biometric track ball and mouse technology to be used in identification and authentication. The track ball or mouse, provisionally named Live Grip, maps the substructure of the human hand by measuring veins, deep creases, scars and fatty-tissue density through infrared light. With alpha testing scheduled for the first quarter of […]