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    WorldPay Offers BOKU as a Mobile Payment Method to Its Global Merchant Network

    23.02.12

    SAN FRANCISCO, Feb 22, 2012 (BUSINESS WIRE) -- BOKU, Inc., announced today that leading Payment Service Provider (PSP) WorldPay has selected BOKU as its global mobile payments partner, integrating BOKU's payments platform into its payment network.

    WorldPay's merchants can now enable their customers to make a purchase and pay directly via their mobile operator bill. This partnership demonstrates that mobile payments are becoming a mainstream payment vehicle that allows merchants to acquire new customers, and provides consumers with a simple and seamless checkout experience.


    Source: MarketWatch (press release)

    Ailing LightSquared fails to pay Inmarsat; sacks 45% of workforce

    23.02.12 Million – a quarter of expected earnings – this year from renting its spectrum to LightSquared. However, LightSquared said the payment was not due until Inmarsat replies to several issues it had raised. In a terse statement on its website the stricken US company explains: ‘LightSquared has raised several matters that require resolution before the first phase comes to a close. The terms of the agreement allow for additional time to resolve pending questions before phase one is complete and the final payment is due. LightSquared is committed to fulfilling its business plan to bring world-class wireless broadband connectivity to millions of Americans and believes that Inmarsat will remain an important partner in the company’s future endeavours’.


    Source: TeleGeography

    Follow the Money: Payment Trail Reveals Challenges of Ridding Liberia of ...

    23.02.12 Follow the Money: Payment Trail Reveals Challenges of Ridding Liberia of Corruption

    A view of Benson Street in Monrovia, Liberia, in October 2011. A recent deal that has oil giant Chevron investing millions in Liberia has been tainted by allegations of bribery and shows how hard it is to root out alleged corruption in the West African nation. (Luc Gnago/Reuters)


    Source: ProPublica

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    Why Your Business Should Accept Mobile Payments
    PCWorld - Jul 19, 2011 Why Your Business Should Accept Mobile Payments Isis, a mobile payment provider established by AT&A, T-Mobile and Verizon in 2010, announced a deal with Visa, MasterCard, Discover, and American Express Tuesday. Isis offers mobile payment options based on Near Field

    Rupert Murdoch denies knowledge of phone hacking or secret payments
    Telegraph.co.uk - Jul 19, 2011 Rupert Murdoch denies knowledge of phone hacking or secret payments Rupert Murdoch admitted yesterday that he had known nothing of his company's phone hacking scandal or the secret payments which helped to conceal it from the world. By James Kirkup, Political Correspondent The most powerful media baron in Britain and

    GOP Warns of ObamaCare Rationing Panels
    The New American - Jul 19, 2011 GOP Warns of ObamaCare Rationing Panels President Obama's healthcare law authorizes an independent panel, the Independent Payment Advisory Board, to control excessive Medicare costs. The Blaze notes, “IPAB has the power to force Medicare cuts if costs go up beyond certain levels and Congress

    Sprint, Amex involved in still another mobile payment option
    ConnectedPlanet - Jul 19, 2011 Sprint, Amex involved in still another mobile payment option The Serve platform unifies online, offline and mobile payment options into a single account that can be linked to credit or debit cards or to a bank account. It's also compatible with Apple's iOS, and Amex says it's working to extend support to

    Save Money, Lessen Risk by Simplifying PCI Compliance
    Small Business Trends - Jul 19, 2011 Save Money, Lessen Risk by Simplifying PCI Compliance Do you accept credit or debit payments at your business? If so, chances are that you need to comply with the Payment Card Industry Data Security Standard (PCI DSS). PCI DSS establishes minimum data security measures for organizations