Online Checkout Evolves — Pay by Holding Your Credit Card Up to Your Webcam

“Daniel and the Jumio team understand the challenges facing online merchants when it comes to battling credit card and identity fraud because they’re dyed-in-the-wool entrepreneurs themselves and they have encountered the problems that Jumio aims to solve,” said Scott Weiss, general partner of Andreessen Horowitz and Jumio’s new board member in a statement. “Jumio’s technology is a huge leap forward for online payments with potential to transform even more industries.”

In the real world, identity verification is limited to high-security and age-restricted areas. Most people are willing to flash a driver’s license to have a drink at a bar or to settle their tab, but if a department store tried carding people at the door, that might be a problem. How would this play out on a social media site? Spammers on Facebook are too mild of an inconvenience to warrant showing ID just to set up an account, and no one wants to be caught using their real names on Match. But things might change where money is involved.


http://socialtimes.com
By Devon Glenn | Editorial Gabriel Catalano

The Internet will need to see some ID, please. Online payment company Jumiohas announced the launch of Netverify: an image recognition technology that allows merchants to remotely scan credit cards and IDs with a webcam or phone.

To use Netverify, shoppers hold up a credit card and a driver’s license to their cameras to verify their identification as they’re checking out. This online equivalent of asking a customer to show ID at the checkout stand is designed to help eliminate credit card fraud, and although the application can recognize and verify an image, no data is stored on the computer.

With less hardware than a traditional credit card swiper – and an even more mobile platform than a plug-in device like Square – Netverify can make an online transaction just as personal as a point of sale, but less expensive for the merchants.

A curious case in Latin America


Argentine innovative payment system
e-mango | SmartMoney

It is a complementary product to the ¨ Plastics (cards) ¨, do not compete with them.
Innovate by using QR and mobile (smart or not) using the internet and cloud to transact.

 

What will this mean for the social media industry? While Jumio hasn’t announced any social applications for this technology, the company already has some very social backers, like Eduardo Saverin, co-founder of Facebook; and Peng T. Ong, founder of Match.com. The company just raised $25.5 million in a round of Series B funding led by Andreessen Horowitz, another supporter of social media startups. Leer más “Online Checkout Evolves — Pay by Holding Your Credit Card Up to Your Webcam”

Infographic: How The People Leveraged Social Media To Change Congress’ Mind About SOPA In 1 Day

Last week some of the web’s most popular sites, from Wikipedia to Reddit, went dark to protest SOPA and PIPA. The protest was enough to stop SOPA in its tracks (at least for the time being), and Visual.ly, the world’s largest database of infographic, has put together a nice visualization of ‘How the People and Social Media Changed Congress’ Mind in One Day.’

The infographic takes a look at how many Congressmen supported and opposed SOPA before and after the protests. It also tracks the social media conversation about SOPA over the 30-day period leading up to the protest. On January 18, the day of the SOPA Blackout, there were over 800,000 hashtag mentions—a huge jump from the previous day.

People were tweeting about #sopa, #pipa, #wikipediablackout and @sopastrike, discussing SOPA on Facebook and beyond and the results are hard to ignore. Check out the infographic below to see how the numbers of supporters and opponents of SOPA and PIPA in the Senate and the House of Representatives changed in a single day.


http://socialtimes.com | By Megan O'Neill
 

Last week some of the web’s most popular sites, from Wikipedia to Reddit, went dark to protest SOPA and PIPA.  The protest was enough to stop SOPA in its tracks (at least for the time being), and Visual.ly, the world’s largest database of infographic, has put together a nice visualization of ‘How the People and Social Media Changed Congress’ Mind in One Day.’The infographic takes a look at how many Congressmen supported and opposed SOPA before and after the protests.  It also tracks the social media conversation about SOPA over the 30-day period leading up to the protest.  On January 18, the day of the SOPA Blackout, there were over 800,000 hashtag mentions—a huge jump from the previous day.

People were tweeting about #sopa, #pipa, #wikipediablackout and @sopastrike, discussing SOPA on Facebook and beyond and the results are hard to ignore.  Check out the infographic below to see how the numbers of supporters and opponents of SOPA and PIPA in the Senate and the House of Representatives changed in a single day.

Did you take part in the SOPA blackout?  What do you think about these results?  We’d love to hear your thoughts in the comments below… Leer más “Infographic: How The People Leveraged Social Media To Change Congress’ Mind About SOPA In 1 Day”

How Social Are the World’s Most Valuable Brands? [Infographic]

The Internet and the real world can be two very different places, but this infographic shows that a brand’s value in one is intimately tied to its performance in the other.
This visualization of the PRINT Index and the Sociagility Top 50 Report ranks brands according to popularity, receptiveness, interaction, network reach, and trust on social media sites. The sites were tracked on Facebook, Twitter, YouTube, and the Web in general.

Technology and media companies had the home court advantage when it came to popularity and reach, with Google, Apple, and Disney taking the top three spots. But other brands were more successful in different areas, like listening and responding to feedback from customers. Fast-moving consumer goods (FMCG) like Johnson and Johnson seemed to do this especially well.


http://socialtimes.com | By Devon Glenn
The Internet and the real world can be two very different places, but this infographic shows that a brand’s value in one is intimately tied to its performance in the other.

This visualization of the PRINT Index and the Sociagility Top 50 Report ranks brands according to popularity, receptiveness, interaction, network reach, and trust on social media sites. The sites were tracked on Facebook, Twitter, YouTube, and the Web in general.

Technology and media companies had the home court advantage when it came to popularity and reach, with Google, Apple, and Disney taking the top three spots.  But other brands were more successful in different areas, like listening and responding to feedback from customers.  Fast-moving consumer goods (FMCG) like Johnson and Johnson seemed to do this especially well.

The chart also compares the top companies’ valuations (in U.S. dollars) to their social media performance scores. Analysts saw a positive correlation between the two, although it looks uneven on the chart.  The most valuable company on the list also had the highest social media performance score.

The overall winner was Google, with Disney a distant second. Coca Cola is currently beating Pepsi in the social realm, and even Walmart made the list at number twelve. If they could teach their greeters to use Twitter, they’d easily pass up Microsoft at number eleven.

Infographic by Sociagility via Cool Infographics

Image by Cienpies Design via Shutterstock

LinkedIn Revenue Surges Over Analyst Expectations; Stock Jumps

The non-GAAP net income for the quarter was $13.3 million which represents an increase in profitability. For the fourth quarter of 2010 the net income was $5.2 million. LinkedIn earns it’s revenue from a variety of products. They have Hiring Solutions, Marketing Solutions and Premium Subscriptions. Looking at the fiscal report, we can see that revenue increased in all three areas. A promising factor here is also that they are a diversified company: they are increasing revenue on all fronts.

Hiring solutions, which are their tools which help recruiters find solid candidates using the network, increased over Q42010 by 136% to $84.9 million. Marketing solutions increased 77% to $49.5 million. Revenue from Premium subscriptions increased 87% to $33.3 million.


http://socialtimes.com

LinkedIn has announced that revenue has more than doubled in the last quarter and they’ve increased their 2012 revenues, and the stock has jumped accordingly.  The social network reported $167.7 million in revenue for the fourth quarter, beating the average analyst estimate of $159.8 million in the quarter.  The good news also comes at a time where people are piling into social media stocks, with Zynga hovering around 30% higher than it’s IPO price and LinkedIn now almost 200% over it’s $45 IPO price, placing it’s market cap at $8.67 billion.

The non-GAAP net income for the quarter was $13.3 million which represents an increase in profitability.  For the fourth quarter of 2010 the net income was $5.2 million.  LinkedIn earns it’s revenue from a variety of products.  They have Hiring Solutions, Marketing Solutions and Premium Subscriptions.  Looking at the fiscal report, we can see that revenue increased in all three areas.  A promising factor here is also that they are a diversified company: they are increasing revenue on all fronts. Leer más “LinkedIn Revenue Surges Over Analyst Expectations; Stock Jumps”

The Digital Divide [infographic]


Posted by:
Cliff Figallo

Thanks again to Jen Rhee for this interesting infographic.

 

Digital Divide
Created by: Online IT Degree

Indoor Maps Added to Google Maps for Android 6.0

Google Maps 6.0 for Android adds a feature that people bewildered by navigation in unfamiliar large indoor places like airports and shopping malls: Indoor maps.

A new frontier for Google Maps: mapping the indoors

Google Maps for Android can now try to tell you what floor you are on and how to get to another location with the structure. Detailed floor plans are displayed when indoor map data is available for the structure. The list of locations with indoor maps is available here:

Indoor Maps availability


http://socialtimes.com/indoor-maps-added-to-google-maps-for-android-6-0_b85657

Google Maps 6.0 for Android adds a feature that people bewildered by navigation in unfamiliar large indoor places like airports and shopping malls: Indoor maps.

A new frontier for Google Maps: mapping the indoors

Google Maps for Android can now try to tell you what floor you are on and how to get to another location with the structure. Detailed floor plans are displayed when indoor map data is available for the structure. The list of locations with indoor maps is available here:

Indoor Maps availability Leer más “Indoor Maps Added to Google Maps for Android 6.0”

New Service Ranks LinkedIn Business Pages By Follower Count — Who’s On Top?

The service, which is currently in Beta and is accessible for free, shows that IBM is the top spot, with 560,000 followers of their LinkedIn page at the time of this writing. Pretty impressive stuff considering the competition from Microsoft (390,000), Google (380,000) and Apple (a surprising 236,500). This can partially be attributed to the fact that following a page on LinkedIn isn’t exactly part of most users’ regular use of the site. LinkedIn isn’t as much about chasing your favorite brands like in Twitter, or even following your news feed like on Facebook. It’s more about getting your resume up there and getting back to it when there’s business to do – following a company doesn’t really do much to aid that process.


http://socialtimes.com

I’ve been waiting to see a good service that ranked LinkedIn pages by follower count, and the folks over at ZoomSphere have done the groundwork to get such a service up and running.  They’ve got a database ranking the top LinkedIn pages on the social network by follower count, and you might be surprised at who’s number 1. Leer más “New Service Ranks LinkedIn Business Pages By Follower Count — Who’s On Top?”