Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Facekey offers investors incentives

Tuesday, February 5, 2008

FaceKey Corp., San Antonio, Texas, announced a plan that will reward investors who refer buyers to the company.

This program is designed to grow the company’s business by using the network of contacts available through its shareholders. Investors who participate in the program will be rewarded through a compensation plan that was outlined at the meeting. [end] 

GS1 US announced a new program for apparel retailers, manufacturers and distributors as they roll out large-scale implementations of RFID systems for inventory management.

The GS1 US “Item Level Readiness Program” offers education, training, tools and community facilitation needed to support industry-wide adoption and use of the technology and standards. The roll outs employ GS1 EPC standards, enabling the companies to share data on items as the move through the supply chain - in stores, warehouses, and factories.

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U.S. Bank has announced that it now offers student loan customers two new incentives to graduate - the U.S. Bank Graduation Perk and the Good Grades Perk - giving the opportunity to earn up to three percent off their original loan amount financed.

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Facebook has acquired Tagtile, a San Francisco based start-up that offers an NFC-enabled mobile marketing and loyalty rewards service for small businesses and merchants.

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MaxSec Group has been awarded a $1.3 million smart card contract with the Commonwealth of Australia, according to Proactive Investors Australia.

The contract, honored through MaxSec’s wholly owned entity BQT solutions, includes the supply of 6,000 smart card readers to the Australian Government by the end of June 2012.

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VeriFone introduced the VX 680 terminal to Spanish merchants, enabling full contactless and NFC acceptance – designed to bring new levels of convenience to their customers. The announcement coincides with contactless trials and initiatives from card issuers and banks to drive consumer adoption of ‘wave and pay’ in Spanish cities.

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Mobile payments start up Boku has received $35 million in funding from Telefonica Digital, the tech arm of Spanish mobile operator Telefonica, and New Enterprise Associates among other investors.

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