| New mobile payment service eschews cash and checks for phones
Mpayy Inc., an online and mobile payment processing company, will launch tomorrow a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons or on retail web sites. Merchants set up accounts on Mpayy.com to establish a mobile payment system. Mobile merchantsMpayy is not yet targeting bricks-and-mortar retailerscan access reports on sales, send funds to desired banks, manage refunds and perform other tasks through a web-enabled administrative application. Shoppers set up accounts on the Mpayy site, entering their mobile phone number, account nickname, and checking account information. To conduct a transaction with a roving merchantan Avon lady, for examplea shopper logs in to Mpayys mobile web site and enters the merchants mobile phone number or nickname, enters the amount of the purchase, and submits the information, which brings up a transaction confirmation page with a Pay button to complete the purchase.
Pigging out never looked so good
I'd ordered it on a whim, after sharing plates of sweet potato fries, a grilled cheese sandwich, tomato bisque and a magnificent cheeseburger ($9) the height of the Sears Tower and width of a Frisbee. I'd ordered it because it sounded like such a quirky combination, so weird yet so right. And after just one bite, I knew I had entered the pearly white gates of the sandwich universe. At The Berkshire, in the blossoming Stapleton area, the universe is aligned with intoxicating food, a lovely staff and animated crowds having the time of their lives. This is the perfect neighborhood restaurant, an unpretentious, come-as-you-are, uncomplicated gathering spot for friends, couples, stroller-toting families and anyone who has never had peanut butter, bacon and bananas on buttered and grilled Hawaiian bread.
Trader hacked computers, bet $73-billion, French bank alleges
If one person could cause that kind of domino havoc then the banks aren't taking enough care. Imagine if terrorists figured this stuff out.
I wonder that the big problem is that the old 'suits' in charge just don't really 'get' computers so don't know enough to understand how these things can happen and the young run circles around them that know this computer animal.
Maybe now the banks will smarten up with their security. Posted 27/01/08 at 12:25 PM EST | Alert an Editor | Link to Comment .
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