New mobile app transfers money with the tap of a phone

Reuters

Bump Pay is a new app for person-to-person mobile payments developed by Bump, the makers of the app of the same name that allows the instant transfer of contact information and photos.


"You type in the amount you want to send, you bump your phones together and you'll be immediately taken to the PayPal confirmation page," explained David Lieb, the co-founder and CEO of Bump.

Telecom Italia, Microsoft collaborate on cloud for SMB

Last week, Telecom Italia and Microsoft signed an agreement to collaborate on cloud computing-based IT services to promote digital development for small and medium-sized businesses (SMB).

HP awarded U.S. Army contract for cloud computing

HP Enterprise Services on Tuesday announced it has been selected by the U.S. Army to provide the Department of Defense and other federal agencies with enterprise cloud computing services under the Army Private Cloud contract (APC2).

Siemens, Streetline launch M2M parking services for cities

On Tuesday, Siemens Industry, Inc. and Streetline, a provider of smart parking services, announced an advanced parking service combining smart parking meters, sensors and applications to provide cities with parking options for residents and visitors while reducing traffic congestion in downtown areas.

Eurotech launched biometric face recognition system for security applications

Eurotech, a supplier of embedded technologies, products and systems, last week announced the launch of SekuFACE, a new family of IP-based Biometric Face Recognition Systems that target demanding security applications where intelligent association of personal identity and permission rights is needed.

Garmin enters in-car infotainment market with Suzuki system

Garmin International Inc., a unit of Garmin Ltd., a provider of satellite navigation, on Monday announced that it will provide a fully integrated, factory-installed infotainment system for most American 2013 model year Suzuki vehicles.

Numerex launches updated M2M interactive platform

Numerex Corp, a provider of machine-to-machine (M2M) products and services, announced on Tuesday the launch of its M2M interactive platform. The new capabilities - including web services application program interfaces, website integration, and integrated smartphone applications - are part of the configurable cloud-based Platform as a Service (PaaS) that supports interactive data, location, and messaging services. The platform leverages the Numerex carrier-grade infrastructure with geographic redundancy for the delivery of M2M connectivity and services, says the company.

InterDigital, Cinterion extend patent agreement, include 4G coverage

On Monday, InterDigital, Inc, a wireless telecommunications research and development company, announced that its patent holding subsidiaries have amended their worldwide, non-exclusive, patent license agreement with Cinterion Wireless Modules. The agreement has been amended to add coverage for the 4G technologies LTE and WiMAX, and to extend the license term to 2016.

Gemalto, Giesecke & Devrient, ARM form mobile security joint venture

Reuters

British chip designer ARM Holdings said on Tuesday it was linking up with SIM card manufacturer's Gemalto and German technology firm Giesecke & Devrient to increase security for services running on smartphones and tablets. The companies said the joint venture would drive adoption of a common security standard in mobile devices, such as smartphones using Google's Android operating system.

Deutsche Telekom signs cloud deal with British American Tobacco

On Monday, Deutsche Telekom’s IT subsidiary T-Systems announced the signing of a seven-year cloud contract, worth more than $213 million, with British American Tobacco.