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It's been over fifteen years since MasterCard, Visa and Europay developed EMV technology to make your credit cards more secure, but it has yet to really catch on here in the US. However, MasterCard has created a master plan to help usher in the EMV era and sound the death knell for the magnetic strip. Why? The EMV infrastructure is far more fraud-resistant because each transaction is authenticated dynamically using cryptographic algorithms and a user-specific PIN. That's why MasterCard plans to help build out the EMV POS infrastructure by April of next year and have its secure e-payment system functioning at ATMs, online and with its myriad mobile payment options as well. For now, the nuts and bolts of how the credit card firm plans to bring its plan to fruition are few, but more details will be forthcoming, and there's a bit more info at the source and PR below.MasterCard reveals roadmap for our electronic payment future: EMV in, magnetic strips out originally appeared on Engadget on Tue, 31 Jan 2012 05:42:00 EDT. Please see our terms for use of feeds.
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MasterCard | Email this | CommentsSource: http://www.engadget.com/2012/01/31/mastercard-reveals-roadmap-for-our-electronic-payment-future-em/
Amazon CFO Tom Szkutak offered more details this afternoon during an analyst earnings call about the company's disappointing fourth quarter When it comes to physical media, Szkutak said the biggest hit to revenue came in the area of video game sales, which includes both console and game sales (but not games sold digitally, say from Amazon's app store). Even though he didn't offer specific numbers on that front, he noted that video games sales are seasonal and normally take a big leap in the last quarter of the year — and that did indeed happen this year, but not enough to match 2010 revenue. In part, that's because more of those sales are going to Amazon's third-party sellers, rather than Amazon itself. So video games units were up, while revenue was down.Source: http://feedproxy.google.com/~r/Techcrunch/~3/J5TNzG_HWPo/
Source: http://www.technewsworld.com/rsstory/74311.html
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BOXX electric bike: two wheels, four corners, all-electric transport for one originally appeared on Engadget on Mon, 30 Jan 2012 21:27:00 EDT. Please see our terms for use of feeds.
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BOXX (1), (2) | Email this | Comments Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/0oEjf9LEh8Y/
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