Rumormill

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Google Plans to Discontinue Google Checkout?

It wouldn’t be the first time Google (NASDAQ GOOG) caved in to competition, anyone remember Google Answers? As Paypal sees impressive growth numbers, rumor has it that nearly 90% of merchants have dropped the use of Google Checkout after the discontinuation of their “free” processing period.
With Google’s stock in tanking now, rumor has it that […]

4Feb2008 | Riley Poole | 19 comments | Continued
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Going For The Giant Spread or The New England Nooner?

Still want to take the Giants at +12???… Vegas is tempting you, but are you going to bite? Or what about that 53 ½ over/under??…I’m sure that under is looking REALLY good to you. Plaxico Burress, of the NY Giants is predicting a Giants 23-17 win, which would satisfy both of those bets, but is […]

31Jan2008 | Glen Paddegit | 4 comments | Continued
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Why Merchants Choose Amazon over eBay

Ironically, the reason merchants choose Amazon (NASDAQ AMZN) over eBay (NASDAQ EBAY) is the same reason merchants choose Paypal over a regular merchant account. Some people will tell you it’s the complex listing process which funny enough has become so bad it’s created many secondary companies over the years. Others will tell you it’s the […]

30Jan2008 | Riley Poole | 8 comments | Continued
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Joost Is On Deadpool Watch

I’m still an old-school kinda guy. I watch TV on my television. I use the computer for computer tasks. And if I decide to read a book, it will be with words on paper. So, I don’t really understand what the kiddies are doing watching all their tv shows on their computer. Hulu, Youtube, Joost, […]

29Jan2008 | James Blunts | 4 comments | Continued
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Identity Theft—Even Bank Chairmen Are Victims!

So, I don’t know if any of you heard about this, but I got quite a chuckle. Apparently, Marcus Agius, the chairman of Barclays Bank Plc (NYSE BCS) (U.K.’s third-largest bank) became a victim of identity theft. That’s right, the big man himself!
Apparently, a scammer was able to put together enough personal information on the […]

24Jan2008 | James Blunts | 14 comments | Continued
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New Paypal Rules

Before the end of Q1-2008, Paypal will release its most aggressive buyer/seller protection policies to date. Over the past year, Paypal has experienced huge losses in the fraud arena and plans to combat this problem with the introduction of new front end screening tools at a cost to the end merchant in addition to a […]

24Jan2008 | Riley Poole | 22 comments | Continued
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Merchant Service Providers May Get Shafted

Rumor has it that those who depend heavily on residual income, aka Merchant Service Providers, may get shafted in 2008. Seems like many banks are starting to feel the pinch and sources say that some banks including Wells Fargo (NYSE WFC) and Bank of America (NYSE BAC) are considering reducing or even eliminating some […]

23Jan2008 | Riley Poole | 3 comments | Continued
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New FICO Scores Coming

As issuers are stepping up their screening methods to help prevent future defaults like the ones seen over the past few years on mortgages and credit cards, banks and lending institutions are revamping their risk profiling techniques across the board. FICO, one of the biggest factors in mortgages, loans, and even merchant accounts is responding […]

22Jan2008 | Riley Poole | 11 comments | Continued
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How Facebook has changed my life

My Name is Glen Paddegit, and I’m the new Merchant Talk insider. I wanted to take a moment to talk about why I love Facebook, and how it has changed my life for the better. While the MySpace craze is dwindling down, Facebook, on the other hand is stronger than ever. What’s the difference between […]

14Jan2008 | Glen Paddegit | 13 comments | Continued
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Pay by Touch Founder Throws Mamma from the Train

Seems the founder of Pay by Touch, John Rogers, had his mother as the head of HR, after the last head of HR got canned. I guess they figured no one would get too mad at HR if it was the guy who screwed up the company’s mother.
As if being the mom of one of […]

14Jan2008 | James Blunts | 3 comments | Continued
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