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.
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).
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, 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 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 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.
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.
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.
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.