Texas Advanced Computing Center
HPCwire

Since 1986 - Covering the Fastest Computers
in the World and the People Who Run Them

Language Flags

Visit additional Tabor Communication Publications

Datanami
Digital Manufacturing Report
HPC in the Cloud
Green Computing Report

Tabor Communications
Corporate Video

HPC Market Watch


Visa’s V.me digital wallet set to debut this fall in Europe
By: GigaOM
V.me, Visa's digital wallet competitor to PayPal, is scheduled to debut this fall in the UK, France and Spain. It will be an online payment service at first but the bigger plan is to make it an in-store tool for transactions using NFC.

V.me, Visa’s digital wallet competitor to PayPal, is scheduled to debut in Europe this fall. Visa Europe, an independent organization of 3,700 European member banks that is licensed by Visa Inc. in Europe, said the service will appear first in the UK, France and Spain.

V.me will start as an online payment system, allowing people to pay for goods through their PC, tablet or smartphone. Consumers will be able to load various credit cards, not just Visa cards, onto the wallet and pay using a simple user name and password. The goal is to eventually make it a tool for real-world offline payments using NFC (near field communication) technology, though it’s unclear when Visa is planning on rolling that out.

“Our intention is that V.me will ultimately be able to incorporate any or all of our new payment technologies, allowing our members to deliver the best possible payments experience whether face-to-face, online or in a mobile environment,” said Mariano Dima, Executive Vice President of Product and Marketing Solutions at Visa Europe, in a statement.

Visa Europe will partner with payments processor WorldPay, which will help ensure that that the digital wallet service meets the needs of UK retailers. More banks and retail partners are expected to be announced in the future.

In November, Visa announced that V.me would launch in the U.S. in early 2012 after the holidays. But so far, there hasn’t been any indication as to when that will move forward. Visa also said it expected to add in-store payments using NFC later in 2012, but again, it’s unclear if that timeline has also slipped.

Still, it shows that Visa is moving forward on its next generation payment services and continues to advance on several fronts. It has V.me, of course but it’s also partnering with Isis and Google Wallet and has backed Square. And it’s also working on launching a big NFC payment system at the London Olympics this summer with Samsung.

As we’ve mentioned before, the credit card companies and banks are still in a very strong position in the mobile payments game because they have a very trusted relationship with consumers. And while Visa is still slow in rolling out V.me, that might not be a bad idea. It’s very early in the mobile payments game and leader Google hasn’t seen much benefit from getting out of the gates quickly.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.


Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here

Sponsored Links

Webinar: Programming Heterogeneous X64+GPU Systems Using OpenACC
Join Michael Wolfe as he compares the advantages and costs of using both low-level models and the directive-based OpenACC model for programming accelerated heterogeneous systems. Registration is free.

Accelerate your science with Seneca
One of the first HPC providers installing a 4X NVIDIA Kepler K-20 cluster. Invites you to a free evaluation on Seneca’s NVIDIA K20 Kepler cluster, pre-loaded with AMBER, NAMD, LAMMPS

High-Performance Computing in Action
Businesses that want to be on the cutting edge of their industries are increasingly turning to high-performance computing (HPC) solutions to handle complex compute processes and speed up their rate of innovation. Download this Executive Brief to see how businesses in energy, life sciences and entertainment put HPC solutions to work in their operations.

May 23, 2013

May 22, 2013

May 21, 2013

May 20, 2013

May 17, 2013

May 16, 2013

May 15, 2013

May 14, 2013

May 13, 2013

May 10, 2013


Most Read Features

Most Read Around the Web

Most Read This Just In

Supermicro

Feature Articles

Exascale Advocates Stand on Nuclear Stockpiles

In quieter times, sounding the bell of funding big science with big systems tends to resonate further than when ears are already burning with sour economic and national security news. For exascale's future, however, the time could be ripe to instill some sense of urgency....
Read more...

NSF Forges Further Beyond FLOPs

In a recent solicitation, the NSF laid out needs for furthering its scientific and engineering infrastructure with new tools to go beyond top performance, Having already delivered systems like Stampede and Blue Waters, they're turning an eye to solving data-intensive challenges. We spoke with the agency's Irene Qualters and Barry Schneider about..
Read more...

CERN, Google Drive Future of Global Science Initiatives

Large-scale, worldwide scientific initiatives rely on some cloud-based system to both coordinate efforts and manage computational efforts at peak times that cannot be contained within the combined in-house HPC resources. Last week at Google I/O, Brookhaven National Lab’s Sergey Panitkin discussed the role of the Google Compute Engine in providing computational support to ATLAS, a detector of high-energy particles at the Large Hadron Collider (LHC).
Read more...

Short Takes

NASA Builds 'Climate in a Box'

May 23, 2013 | The study of climate change is one of those scientific problems where it is almost essential to model the entire Earth to attain accurate results and make worthwhile predictions. In an attempt to make climate science more accessible to smaller research facilities, NASA introduced what they call ‘Climate in a Box,’ a system they note acts as a desktop supercomputer.
Read more...

Building Supercomputers with Raspberries

May 22, 2013 | At some point in the not-too-distant future, building powerful, miniature computing systems will be considered a hobby for high schoolers, just as robotics or even Lego-building are today. That could be made possible through recent advancements made with the Raspberry Pi computers.
Read more...

Running Computational Fluid Dynamics in the Cloud

May 16, 2013 | When it comes to cloud, long distances mean unacceptably high latencies. Researchers from the University of Bonn in Germany examined those latency issues of doing CFD modeling in the cloud by utilizing a common CFD and its utilization in HPC instance types including both CPU and GPU cores of Amazon EC2.
Read more...

Computing the Physics of Bubbles

May 15, 2013 | Supercomputers at the Department of Energy’s National Energy Research Scientific Computing Center (NERSC) have worked on important computational problems such as collapse of the atomic state, the optimization of chemical catalysts, and now modeling popping bubbles.
Read more...

Internet2 Awards Program Seeks Innovative Applications

May 10, 2013 | Program provides cash awards up to $10,000 for the best open-source end-user applications deployed on 100G network.
Read more...

Sponsored Whitepapers

Best Practices in Big Data Storage

05/10/2013 | Cleversafe, Cray, DDN, NetApp, & Panasas | From Wall Street to Hollywood, drug discovery to homeland security, companies and organizations of all sizes and stripes are coming face to face with the challenges – and opportunities – afforded by Big Data. Before anyone can utilize these extraordinary data repositories, however, they must first harness and manage their data stores, and do so utilizing technologies that underscore affordability, security, and scalability.

Progress in Parallel: the Bull Parallel Programming Center

04/15/2013 | Bull | “50% of HPC users say their largest jobs scale to 120 cores or less.” How about yours? Are your codes ready to take advantage of today’s and tomorrow’s ultra-parallel HPC systems? Download this White Paper by Analysts Intersect360 Research to see what Bull and Intel’s Center for Excellence in Parallel Programming can do for your codes.

Sponsored Multimedia

SGI DMF ZeroWatt Disk Solution

In this demonstration of SGI DMF ZeroWatt disk solution, Dr. Eng Lim Goh, SGI CTO, discusses a function of SGI DMF software to reduce costs and power consumption in an exascale (Big Data) storage datacenter.

Cray CS300-AC Cluster Supercomputer Air Cooling Technology Video

The Cray CS300-AC cluster supercomputer offers energy efficient, air-cooled design based on modular, industry-standard platforms featuring the latest processor and network technologies and a wide range of datacenter cooling requirements.

SC12 Editorial Feature HPCwire Soundbite sponsored by ISC

Newsletters

Stay informed! Subscribe to HPCwire email Newsletters.

HPCwire Weekly Update
HPC in the Cloud Update
Digital Manufacturing Report
Datanami
HPCwire Conferences & Events
Job Bank
HPCwire Product Showcases


Xyratex

HPC Job Bank

HPCwire Events

Featured Events


  • June 16, 2013 - June 20, 2013
    ISC'13
    Leipzig,
    Germany

  • June 17, 2013 - June 18, 2013
    Forecast 2013
    San Francisco, CA
    United States