Micropayments company Paymo has secured $5 million in seed financing, "provided by prominent angel investors in the United States and Europe". Paymo connects online merchants with mobile phones, letting payments be made to the phone bill—it touts the ability for online merchants to reach any consumer with a mobile...
The number of text messages sent during the second quarter jumped 20 percent to 52 billion messages, compared to the previous quarter, according to VeriSign (NSDQ: VRSN), which compiles statistics based on the messaging traffic it sees from its media division. Although the figures are skewed because they come...
For all of the cutting edge mobile technology that Japanese consumers have routine access to, surprisingly little of it has made its way outside of the country. Its government, however, wants to change this, and will begin an "aggressive push" to market the technology overseas, reports AP. One of...
For all of the cutting edge mobile technology that Japanese consumers have routine access to, surprisingly little of it has made its way outside of the country. Its government, however, wants to change this, and will begin an "aggressive push" to market the technology overseas, reports AP. One of...
East West Resource Corporation (TSX VENTURE: EWR),("East West"),("the Company") is pleased to announce that it has commenced a 12 hole, 2000 metre core drilling program on its Fishhook Joint Venture with Temex Resources Corp. ("Temex"). The company also wishes to announce that Noront Resources Ltd. ("Noront") has become a partner...
Medi-Cal Beneficiaries Will Continue to Receive Needed Medications, Services SACRAMENTO, Calif. -- A Federal District Court in Los Angeles ordered the state of California to stop the ten percent cuts in Medi-Cal reimbursement payments to healthcare providers. The Court found that pharmacies and other Medi-Cal providers and patients...
Adorama ,a midsize company and a leading online retailer of photography and videogear, is combating credit card fraud with help from IBM (NYSE: IBM), CurbstoneCorporation , an IBM Advanced Business Partner, and CardinalCommerceCorporation . Online fraud is the fastest growing risk-management problem in the paymentcard industry...
The Noranda Income Fund (TSX: NIF.UN) announced today its monthly cash distribution for the month of August 2008 of $0.085 per unit. The distribution will be payable on September 25, 2008 to unitholders of record at the close of business on August 31, 2008. The schedule below sets out Noranda...
NEW YORK -- Fitch Ratings has assigned 'AAA/F1+' ratings to the City of West Palm Beach, Florida's $99,990,000 utility system variable-rate revenue bonds, series 2008C. The long-term 'AAA' rating is based on the support provided by a financial guaranty insurance policy issued by Assured Guaranty Corp., supporting the...
GREENSBORO, N.C. -- Scott McDowell, marketing manager for North American payment products at Gilbarco Veeder-Root, will be the sole presenter on payment issues at the 6th Annual Convenience Store/Petroleum CSP Liability & Risk Forum at the Fairmont Olympic Hotel in Seattle, August 21. His presentation "PCI Compliance and Liability Reduction"...
Leading Industry Analyst and CTO to Discuss Critical Enterprise Data Protection, Governance and Compliance Issues WALTHAM, Mass. -- Guardium, the database security company, will host an executive seminar on "Best Practices for Database Security & Compliance" on Tuesday, September 9th in San Francisco, featuring Forrester principal analyst Noel...
LONDON AFP — Newcastle's controversial player Joey Barton is the target of legal action by a second victim of his violence, lawyers revealed Wednesday. Court officials confirmed that Barton has been served with a claim from Jordan Spencer which will be dealt with on November 7 at Liverpool...
ALLIANCE & Leicesters four executive directors are in line for payments of up to 125 per cent of their salaries if they stay in their jobs for just over a year after the bank is bought by Banco Santander of Spain. Santander will pay David Bennett, A&Ls chief executive, and...
St. Norbert College has big development plans, but without adequate donations, the college could take a financial hit. "If we don't make cost with donations, the college needs to arrange bridge financing, and we'll have to make payments out of the general operating fund," said John...
NEW YORK -- Fitch Ratings downgrades and withdraws its rating on Enhanced Mortgage Backed Securities Fund IV Limited EMBS IV as follows: --$130,000,000 class A-1 notes paid in full; --$14,000,000 class A-2 notes to 'C/DR4' from 'B'; --$20,000,000 class A-3 notes to 'C/DR6' from...
A coalition of environmental groups and community members converged on Shell's New Orleans headquarters Tuesday urging Shell and other oil companies to step up their role in repairing the state's damaged coast. Organizers lauded the state's recent commitment to spending more than $1 billion in state...
OKLAHOMA CITY -- Clay Bennett's ownership group has reached a final settlement with the city of Seattle, allowing the former SuperSonics franchise to move to Oklahoma City. Attorneys filed a document Tuesday in Seattle federal court noting that the parties had agreed to pay their own court...
New Indiana basketball coach Tom Crean signed a 10-year contract worth at least $23.6 million with the Hoosiers yesterday. When he was hired in April to replace the ousted Kelvin Sampson , Crean agreed to an eight-year contract, but the university added two years. The deal features an annual base...
TELECOMWORLDWIRE-20 August 2008-Spirit Airlines deploys GuestLogix's on board retail systemC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com GuestLogix Inc, a provider of on-board retail systems, announced on 20 August that Spirit Airlines Inc, a low cost operator of flights in the US, Latin America and the Caribbean, will be deploying GuestLogix's...
According to Tower, the MOU Provides for a $250 Million Reduction in Tower Debt, a $250 Million Increase in Tower Shareholders' Equity, a Deferral of Principal and Interest Payments and a Commitment of Additional Investment by Israel Corporation NEWPORT BEACH, Calif. -- Jazz Technologies, Inc. (AMEX:JAZ), a leader...
Articles 2008-08-20
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