Stolen Data’s Speed threatens Merchants while it Fatigues Consumers

If you’re reading my posts, I’m sure you think and read about data compromise continuously.  Nevertheless, an article in today’s PaymentsSource raised my consciousness around the concept of  “Data Beach Fatigue” facing many consumers.

As consumers, are we becoming numb to the news of data breaches, and simply tuning-out and ignoring when the latest data breach announcement is made?  How can we keep consumers vigilant about protecting their data in the face of compromise from so many directions without instilling a level of paranoia that motivates them to turn to the barbarian ways of the past (paying with cash and stuffing their mattress with greenbacks)?

Read more:  Stolen Data’s Speed Threatens Unaware Merchants

Google’s new courses help teachers seeking to integrate its services into the classroom

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The new platform is called Google for Education Training Center and builds upon a recent survey by the American Federation of Teachers which found that 71% of educators and administrators surveyed cited “adoption of new initiatives without proper training or professional development” as a primary source of stress in their work lives.

Chase Bank: More U.S. Consumers Bank On The Go with Mobile

Consumers increasingly handle finances everywhere and anywhere, Chase survey shows.

Digital banking technology keeps making it much easier for U.S. consumers to manage their finances on the go. So easy, in fact, that a third of them bank on their phone and online more than a year ago — and many are doing it at work, at the store or even while on a date.

“They love the ease of handling their routine banking online, on their phone and at an ATM.”

The Chase survey found:

  • More than half (54%) use their mobile banking app at work. One in 10 checked it during a client meeting.
  • Many use it at a restaurant (39%), in a check-out line at a store (38%) and during a date (17%) – likely to ensure there’s enough to avoid an embarrassing situation.
  • They’re also checking it during coffee or smoking breaks (37%), commuting (28%) and waiting to pick up a child from school (24%).

Tango Card And Snapcard Partner To Bring Bitcoin To Rewards Programs

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#TangoCard now has #Bitcoin among their rewards offering thanks to the company’s “Reward as a Service” API.

Originally posted on TechCrunch:

People can now add loyalty rewards programs to the way that they can acquire bitcoin thanks to a new partnership between the online rewards system Tango Card and the Bitcoin wallet Snapcard.

Traditionally, Bitcoin was acquired either by mining — solving complex algorithms with a computer to unlock new Bitcoin, or buying it (the price is now roughly $250).

Through the Tango Card and Snapcard partnership, people can now receive Bitcoin for walking 10,000 steps in a corporate wellness program, or by trading in any loyalty rewards.

Indeed, any rewards program powered by Tango Card now has Bitcoin among their rewards offering thanks to the company’s “Reward as a Service” API.

The Bitcoin as a reward is done through an integration with Snapcard’s own MassPay API.

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Twitter to Remove 140-Character Limit on Direct Messages

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Originally posted on TIME:

Twitter will lift the 140-character limit on direct messages beginning next month, the social media platform announced Thursday.

While regular tweets will still be capped off at 140 characters, direct messages will now have a maximum count of 10,000 characters. Twitter’s product manager for direct messages, Sachin Agarwal, made the announcement in a post notifying developers to update their apps and services to accommodate the new limit.

The news came on the same day that Twitter CEO Dick Costolo unexpectedly resigned; the company’s co-founder Jack Dorsey will fill the role until a replacement is named.

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Could Financial Services Save the U.S. Post Office?

Judging by this advertisement playing on U.K. television, the U.S. Postal Service may be overlooking an opportunity to move into new revenue streams to replace the diminishing impact of snail mail.

In addition to financial services, the U.S. post office could follow the example of the U.K. post office and offer a wide range of insurance, phone and broadband, licensing, travel, and business services.