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One of the things I love best about my iPhone is that it single-handedly replaces a bevy of other devices. Alarm clock? Gone. Digital camera and camcorder? Gone. Reward cards? Gone.
Now I can add one more item to the list: wallet.
The Poddities Money Clip for iPhone 4/4S adds a metal clip to the back of your handset, allowing you to keep cash, credit cards, and the like close at hand. It also gives you the option of hanging your phone from your belt or the top of pants pocket.
There are, of course, iPhone cases that have slots for credit cards and whatnot, but most of them add bulk ranging from a little to a lot. The Poddities is about the slimmest solution out there. It can hold up to three cards, according to the manufacturer.… Read more
I hope Global Payments doesn't strain itself patting its own back for containing a massive breach that occurred on its watch.
The company, which processes credit, debit, and gift card transactions between merchants, banks, and consumers, let a staggering 1.5 million credit card numbers get out in the open as a result of a still-to-be determined attack on its system. Yet it has barely shown any signs of contrition.
Most companies would have shown a bit of remorse for what has happened, but Global Payments has struck an almost self-congratulatory tone for how it identified the problem, alerted … Read more
As many as 1.5 million Visa and MasterCard accounts may have been compromised by the recent Global Payments security breach, the payment processor announced this evening.
Credit card numbers may have been exported, but no customer names, addresses, or Social Security numbers were accessed, the company said in a statement. The company believes the breach, which was revealed Friday, was confined to North America.
The nature of the breach, which was originally pegged at 50,000 accounts, has not been revealed. The company also did not say whether it knew of any fraudulent charges resulting from the breach on … Read more
A Visa network update briefly prevented some customers in the United States from using their credit and debit cards to pay for purchases today.
A company representative told the Associated Press that the outage was caused by a recent system update, but that the system was now operating normally. The 40-minute outage began at 11:40 a.m. PT, an unidentified banking industry source told the AP.
A Visa customer told CNET that he tried to use his credit card to pay for a fill-up at a Boston-area gas station around 12:30 p.m. PT but couldn't complete … Read more
Global Payments, the processor blamed for a Visa and MasterCard data breach last week, is likely to be able to manage its financial hit related to beefing up security.
Last week, Visa and MasterCard warned banks about a data breach. In addition, Global Payments issued a statement confirming the data breach. Global Payments said the company's security systems picked up the threat in March and contacted law enforcements. The company will hold a conference call Monday at 8 a.m. EDT.
It's unclear how many accounts were compromised, but 10 million is the largest reported number thus far. … Read more
Some 50,000 credit and debit cardholders may have their information exposed following a security breach at Global Payments, according to The Wall Street Journal.
The full extent of the breach is still unknown, the Journal reported today, and it's unclear whether fraudulent charges on cardholders have been racked up yet.
Global Payments later released a statement saying the breach didn't involve its merchants or their customers. The company said it had determined early this month that card data may have been accessed, and alerted law enforcement.
"It is reassuring that our security processes detected an intrusion,&… Read more
Since PayPal launched its new payment service "PayPal Here" last week, it has raked in thousands of sign-ups. In fact, in the first 24 hours of its introduction, the online payment company says it was getting 1,000 sign-ups per hour.
"To say there's been some interest in our new offering would be an understatement," PayPal spokesman Anuj Nayar said in a statement today. "Clearly there's a need for a secure, global solution that provides small businesses the flexibility to get paid anytime, anywhere, any way."
The idea of PayPal Here actually … Read more
When the Antisec branch of Anonymous hacked into security think tank Strategic Forecasting, or Stratfor, at the end of December, one of its claims was the theft 200GB worth of data, including e-mails and clients' credit card information.
Days after the hack, the group published 860,000 e-mail addresses and 75,000 unencrypted credit card numbers on the Web.
Now, the FBI's Milan Patel says that between December 6, 2011, and February 2012, "at least $700,000 worth of unauthorized charges were made to credit card accounts that were among those stolen during the Stratfor Hack," according … Read more
Google has sold off its stake in Clearwire to Credit Suisse, according to a new report.
Citing an unidentified source, Bloomberg is reporting that Google sold 29.4 million Clearwire shares to Credit Suisse for $2.26 each. Bloomberg says Google announced that it had sold the shares in an SEC filing, but did not say which company had acquired them.
Google announced plans to sell its Clearwire stake last month. Google initially said that it would sell its shares for $1.60 apiece, but it was able to unload them at around the company's current stock price, which … Read more