Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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Interview w/ James Varga, CEO of miiCard about verified ID, Bring Your Own ID (BYOID) and more buzzwords

Interview w/ James Varga, CEO of miiCard about verified ID, Bring Your Own ID (BYOID) and more buzzwords | Payments 2.0 | Scoop.it

[...] miiCard establishes identity to Level of Assurance 3+ (LOA3+) and meets Know Your Customer (KYC) and Anti-Money Laundering (AML) identity guidelines, enabling the sale of regulated products and services purely online [...] 

Therese Torris's insight:

What's behind the buzz? Not sure. J. Varga uses nice catch phrases such as "BYOID" and "bitcoin", but does not reveal its current number of users..

 

I guess it's very difficult to win acceptance among customers and merchants/banks. I'm not sure the buzz words and references likeTradehill help.

 

Is miiCard more than online two factor authentication? Check it out:

http://www.miicard.com/how-it-works ;

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Google adds ID feature to 'wallet' smartphone app - Daily Mail

Google adds ID feature to 'wallet' smartphone app - Daily Mail | Payments 2.0 | Scoop.it
Daily MailGoogle adds ID feature to 'wallet' smartphone appDaily Mail... on their cell phones.
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PayOne Expands Its Mobile Payment Patent Portfolio | Nearshore ...

PayOne Expands Its Mobile Payment Patent Portfolio | Nearshore ... | Payments 2.0 | Scoop.it

Therese's summary: PayOne Corporation, a leader in mobile payments and carrier billing, announced today the issuance of another patent from the US Patent Office related to the company’s PayConnect™ technology platform and intellectual property serving the multi-billion dollar market for mobile commerce and payments.

 

The patent which was filed in January 2007 for invention number 8,239,325 covers leading edge mobile fraud control and identity verification for mobile payments.

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Finsphere Awarded US Patent Recognizing Innovation in Mobile Identity Authentication

Finsphere Awarded US Patent Recognizing Innovation in Mobile Identity Authentication | Payments 2.0 | Scoop.it

Finsphere Corporation, a leading provider of identity analytics, announces the issuance of Patent #8116731 by the United States Patent and Trademark Office for system and method for mobile identity protection of a user of multiple computer applications, networks, or devices.

 

Comment: could have serious implications for mobile payments

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