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8 posts tagged with payments.
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Aggregate Demand Management: "pass a law allowing the Fed to cut checks"

Free Money for Everyone - "A wacky-sounding idea with surprisingly conservative roots may be our best hope for escaping endless, grinding economic stagnation." (via) [more inside]
posted by kliuless on Mar 16, 2014 - 19 comments

How Target Blew It

"The breach could have been stopped there without human intervention. The system has an option to automatically delete malware as it’s detected. But according to two people who audited FireEye's performance after the breach, Target's security team turned that function off." Bloomberg reports today on "Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It." (The Target breach, previously.)
posted by jbickers on Mar 13, 2014 - 55 comments

Indirect fusion's nothing less than HiiiPoWeR

Installed solar capacity is growing by leaps and bounds, led by Walmart and Apple, and helped by bonds backed by solar power payments,[*] which have sent industry stocks soaring, even as molten salt and new battery technologies come on line to generate storage for use when the sun doesn't shine. Of course we could always go to geostationary orbit -- or the moon -- as well we may (if politics allow it) as thirst from the developing world grows beyond the earth's carrying capacity. [more inside]
posted by kliuless on Nov 30, 2013 - 41 comments

Giant Bomb

PayPal locked down the developer’s account, and said it could only have 50% of the funds. The rest would be released as development continued, based on PayPal’s assessment of the situation. PayPal was, essentially, going to become a producer going forward. Crowdfunding's Secret Enemy is PayPal
posted by East Manitoba Regional Junior Kabaddi Champion '94 on Sep 20, 2013 - 73 comments

The Free-Banking vs. Central-Banking Debate

Out of thin air? "Have you ever said something like 'Let me buy you a beer next week'? I'm sure you have. We all issue promises of this sort. And we frequently use such promises as a form of currency... I have just described a simple credit exchange. Societies rely heavily on promising-making and promise-keeping. It is the foundation of all financial markets. I'd like to point out something about the promises you make. They are made 'out of thin air.' " [more inside]
posted by kliuless on Apr 14, 2011 - 47 comments

25% of streaming music royalties aren't getting to the artists

1. Create a record label named "Unknown."
2. Form a band named "Various Artists."
3. (step 3 not required)
4. PROFIT!
No, really: Please take your royalty check Royalties are piling up from digital music streams, and a nonprofit has to track down artists who don't know. Then it has to convince them it's not a scam.
posted by planetkyoto on Mar 12, 2010 - 20 comments

This conversation we're having? $10. I accept Amex and Visa.

It's more of a "how are you paying?" than "what are you doing?" kind of business. Square Inc. is a new startup cofounded by Jack Dorsey of Twitter and Jim McKelvey which will allow businesses and individuals to take credit card payments from customers anywhere. Receipts and confirmations are paperless and get sent to buyers via text message or email. While the media believes it is set to shake up the credit card processing industry, it has also committed to donate a penny on every transaction a merchant takes to a cause of their choice. Square is starting business with $10 million in venture capital funding and is of course tweeting the process; you can see it in action here or try it at Sightglass Coffee in San Francisco.
posted by cgomez on Dec 1, 2009 - 65 comments

Celebrities & Charity

Celebrities take large payments from charities. The LA Times (reg reqd) is reporting that celebrities have received enormous payments for making appearances at celebrity benefits, including David Schwimmer, Cher, Gerald Ford, and others. To me, it's a shocking new low, but maybe I shouldn't be surprised.
posted by MikeB on Dec 15, 2003 - 33 comments

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