June 10th, 2014 by Elma Jane
David Marcus, president of eBay Inc.’s PayPal division, plans to leave the payments company to join Facebook Inc. The move is effective June 27. Marcus will oversee the social network’s messaging products division, including the Facebook Messenger app, which lets users send messages to their friends. Marcus had been in his position at PayPal since April 2012. Prior to working for eBay, he was founder and CEO of Zong, a mobile payments provider for gaming and social networking companies that eBay acquired in August 2011. As the head of PayPal, David helped make a great business better, reinvigorating product design and innovation and energizing the team to deliver compelling consumer experiences. Making the move was a difficult decision, Marcus writes in a Facebook post. After much deliberation, I decided now is the right time for me to move on to something that is closer to what I love to do every day. Facebook says it processes 12 billion messages daily and its Messenger smartphone app which consumers can use independently of Facebook even though it is integrated with the social network has more than 200 million users. We’re excited by the potential to continue developing great new messaging experiences that better serve the Facebook community and reach even more people and David will be leading these efforts. Marcus will oversee the social network’s messaging products division, which includes Facebook’s Messenger app. The mobile app has more than 200 million users.
Posted in Uncategorized Tagged with: eBay Inc., Facebook Inc, Facebook Messenger app, Messenger smartphone app, mobile app, Mobile Payments, mobile payments provider, payments company, PayPal, smartphone app
January 13th, 2014 by Elma Jane
Australia & New Zealand Banking Group plans to use voice biometrics for authorizing large-value transfers to external bank accounts via its mobile banking service.
The Australian newspaper said ANZ is still piloting the voice biometrics feature, which would enable its mobile banking customers to make payments of more than A$1,000 ($910 U.S.)… The current limit for external transfers to clients of other banks using its smartphone app. Customers would authorize a higher-value payment by speaking into their smartphones, and ANZ’s IT system would compare their voices to digital voiceprints stored on its server.
The voice biometrics system will likely be launched within the next 12 to 18 months, Phil Chronican, the chief executive of ANZ’s Australia operation, said during a Sydney press conference last week.
Chronican added that ANZ also plans to use voice biometrics for authenticating transactions initiated at its call centers.
ANZ will launch the revamped mobile apps that it has been developing as part of the “Banking on Australia” initiative in the first quarter of 2014.
ANZ’s three-year old GoMoney mobile banking app and its more recent FastPay small business mobile payments service will both be re-released with new navigation and personalization options, iTNews said.
Posted in Credit card Processing, Credit Card Security, Mobile Payments, Smartphone Tagged with: authenticating, authorize, authorizing, biometrics, digital, mobile banking, Mobile Payments, mobile transactions, payments, personalization, smartphone app, transactions
