YASH Technologies™, a leading technology services and outsourcing partner for global companies, announced that it has become a SuccessConsulting partner with SuccessFactors, an SAP® company, to meet the growing demand of the rapidly evolving human capital management and talent management market. YASH will provide both the cloud-based SuccessFactors Business Execution (BizX) suite and the SAP® ERP Human Capital Management (SAP ERP HCM) solution, via its cloud services, to deliver a seamless flow of HR and talent data among core HR, performance management, succession management, compensation, learning, recruiting processes, and strategic workforce planning and talent analytics.
“Business execution is helping drive better bottom-line results, and YASH Technologies is working closely with SuccessFactors to help ensure that companies can better prepare their workforce to perform to their best potential and align with the overall company strategy,” said Abe Iruegas, senior vice president, overseeing SAP services at YASH. “YASH’s technical and business process expertise around SAP solutions is vast and now includes SuccessFactors applications. This powerful combination of comprehensive business execution solutions delivers sustainable performance improvement for our customers.”
Historically, companies invested significantly in on-premise HCM tools and customized these applications to meet their organizations’ specific requirements. The cloud enables HR and talent management to be more agile. The philosophy behind the SuccessFactors cloud is to meet each business’ needs by providing a variety of leading practices and configuration options. It offers flexibility for organizations to move entirely to the cloud or consider leveraging their current on-premise SAP solutions with cloud-enabled talent management functionality while using one vendor.
For organizations that are looking to reap the benefits of the cloud for their HR process improvements, SuccessFactors BizX suite is cost-effective to deploy, requires virtually no maintenance, and can deliver rapid Return on Investment (ROI). YASH can help organizations look beyond the immediate gains of the cloud and develop a roadmap that discovers the holistic impact on business execution and results, aligning HR strategy with corporate objectives.
“Partners are key to SuccessFactors continued growth strategy,” said Mercedes Ellison, vice president, global alliances and channels, SuccessFactors. “The combination of the SuccessFactors BizX suite and YASH’s human capital management expertise will help customers understand and bridge the gaps between their company’s strategy and execution.”
SuccessConsulting partners bring demonstrated market leadership and proven track records in fulfilling customer requirements. Leveraging their consulting, implementation, training and business strategy expertise, and applying it to the SuccessFactors (BizX) Software Suite, SuccessConsulting partners help customers improve the overall performance of their organization and measure how well their workforce is executing against strategy.
About SuccessFactors’ Partner Program
SuccessFactors has established significant relationships with industry leaders in sales, consulting, complementary business solutions and technology, around the globe, through the SuccessFactors Partner Program. Together, SuccessFactors and its partners develop, market, sell and deliver the most comprehensive, extensible suite of Business Execution solutions available. SuccessFactors Partners benefit from the breadth of services, promotion and support available through the SuccessFactors Partner Program, and customers benefit from joint solutions between SuccessFactors and its partners. For more information, visit: http://www.successfactors.com/partners/.
About YASH Technologies
YASH Technologies focuses on customer success. As a leading technology services and outsourcing partner for medium and large global customers, we leverage technology and our flexible delivery models to drive performance and business value throughout a customer’s enterprise. YASH’s comprehensive service approach incorporates a holistic view of our customers that extends beyond delivery. This approach integrates enterprise solutions and services, proprietary best practice offerings, strategic application and maintenance outsourcing, as well as consulting and integration services. YASH is a SEI CMMI (Level 3) and an ISO 9001:2008 certified company with U.S. and India headquarters and regional sales and development offices spread across three continents. For more information, please visit http://www.yash.com or email info (at) yash (dot) com.
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Tuesday, October 30, 2012
BankersAccuity Launches KYC Report to Address Know Your Customer Compliance
BankersAccuity today announced the launch of KYC Report, a Know Your Customer (KYC) due diligence solution that provides details on financial counterparties including sanctions data, headline financials, proprietary ownership information, an overview of key anti-money laundering (AML) document availability, board member details and more.
KYC Report gathers information across the entire suite of BankersAccuity solutions, including Bankersalmanac.com, Credit Risk and the Due Diligence Repository. Financial institutions are required to compile extensive information on counterparties as part of their review and on-boarding procedures, but are often faced with two key challenges: freeing up the resources needed to compile the information and ensuring the completeness and accuracy of the data. As a result, these institutions often rely on overqualified internal resources to do this work, leading to higher operational costs.
With KYC Report, BankersAccuity makes the data gathering process much more timely, comprehensive and extremely cost-effective. This solution brings together definitive data that encompasses all due diligence needs, including screening against not only the source entity but ownership and key management as well. As a result, banks can share information faster with key stakeholders in legal, AML, and risk and compliance to speed determinations about on-boarding or continuing counterparty relationships. At the same time, customers are assured that the data they are using to drive decision-making processes comes from a trusted single source.
“In this era of heightened risk and regulation, BankersAccuity is committed to providing financial institutions with the tools they need to help them effectively know who they are doing business with and minimize risk,” said Hugh Jones, President and CEO of BankersAccuity. “By leveraging the vast resources and innovative technology of Accuity and Bankers Almanac, KYC Report from BankersAccuity allows institutions to limit the potential for fines and reputational damage in an efficient and cost-effective manner.”
To learn more about KYC Report visit BankersAccuity at Sibos stand #4D19 or visit the BankersAccuity website. To stay in touch with BankersAccuity follow @BankersAccuity on Twitter or join us on LinkedIn.
About BankersAccuity
Owned by one of the world's leading business to business publishers, Reed Business Information and part of Reed Elsevier, BankersAccuity sets the global standard for payment efficiency and compliance solutions. It includes Bankers’ Almanac and Accuity, premier data services that have been providing solutions to banks and businesses worldwide for over 175 years.
About Reed Business Information
Reed Business Information brings leading brands to an audience of millions of decision makers worldwide through its multi-platform media of data services, online lead generation services, community websites, magazines and events.
KYC Report gathers information across the entire suite of BankersAccuity solutions, including Bankersalmanac.com, Credit Risk and the Due Diligence Repository. Financial institutions are required to compile extensive information on counterparties as part of their review and on-boarding procedures, but are often faced with two key challenges: freeing up the resources needed to compile the information and ensuring the completeness and accuracy of the data. As a result, these institutions often rely on overqualified internal resources to do this work, leading to higher operational costs.
With KYC Report, BankersAccuity makes the data gathering process much more timely, comprehensive and extremely cost-effective. This solution brings together definitive data that encompasses all due diligence needs, including screening against not only the source entity but ownership and key management as well. As a result, banks can share information faster with key stakeholders in legal, AML, and risk and compliance to speed determinations about on-boarding or continuing counterparty relationships. At the same time, customers are assured that the data they are using to drive decision-making processes comes from a trusted single source.
“In this era of heightened risk and regulation, BankersAccuity is committed to providing financial institutions with the tools they need to help them effectively know who they are doing business with and minimize risk,” said Hugh Jones, President and CEO of BankersAccuity. “By leveraging the vast resources and innovative technology of Accuity and Bankers Almanac, KYC Report from BankersAccuity allows institutions to limit the potential for fines and reputational damage in an efficient and cost-effective manner.”
To learn more about KYC Report visit BankersAccuity at Sibos stand #4D19 or visit the BankersAccuity website. To stay in touch with BankersAccuity follow @BankersAccuity on Twitter or join us on LinkedIn.
About BankersAccuity
Owned by one of the world's leading business to business publishers, Reed Business Information and part of Reed Elsevier, BankersAccuity sets the global standard for payment efficiency and compliance solutions. It includes Bankers’ Almanac and Accuity, premier data services that have been providing solutions to banks and businesses worldwide for over 175 years.
About Reed Business Information
Reed Business Information brings leading brands to an audience of millions of decision makers worldwide through its multi-platform media of data services, online lead generation services, community websites, magazines and events.
Interiors With Elegances Provides New Extended Quote Process to Help Overwhelmed Homeowners
Renovating is a favourite project of my homeowners. Whether it is the bathroom, kitchen, living room or basement it is always an adventure and deciding on colours and textures and fixtures and furnishings can occupy huge portions of the planning phase and never get boring.
As enjoyable as this process is for many people, there can also be a dark side to the initial free-for-all of choices and perspectives at the beginning of a renovation project. Eventually homeowners begin to realize that whatever they choose they are going to be leaving at least ten great options behind, and having to determine which flooring or which wallpaper is absolutely the best choice can be very difficult, let alone coming up with a solution to the overall layout or blueprint of the renovated space.
This is where a professional renovations contractor often comes in handy, but the process of working with a conventional renovations contractor on small home renovations projects is not always as interactive as it needs to be enact a viable plan. A contractor that is only interested in giving a rough estimate of what a project will cost, and won’t begin to discuss the intricate details and plans of the project until they have a client’s business can be a difficult type of enterprise to work with.
At Interiors With Elegance, the quote process has just been updated and revised. Now this Calgary bathroom renovations contractor is offering an extended process that includes more specific mockups of the proposed work, and a lengthier consultation process for more precise results. Instead of minimizing or truncating the initial consultation process it has become as maximized and protracted as possible, so that homeowners have plenty of time to talk with a wide variety of professionals about exactly what type of plan is going to be effective for their space.
This Calgary basement renovations consultation includes the input of many different types of renovations professionals, and culminates in a detailed quote and plan for the prospective project. All of this is done with no strings attached and is simply this contractor’s way of becoming introduced. The process is specifically designed to cut back on some of the initial confusion and anxiety that can occur when a homeowner is faced with the sheer plenitude of options at their disposal.
Interiors With Elegance also offers a wide variety of products and enables those looking to do renovations to take on the project for themselves. Either way a lengthy consultation can be a great way to get a better understanding of the overall plan and to ensure the success of the renovations.
As enjoyable as this process is for many people, there can also be a dark side to the initial free-for-all of choices and perspectives at the beginning of a renovation project. Eventually homeowners begin to realize that whatever they choose they are going to be leaving at least ten great options behind, and having to determine which flooring or which wallpaper is absolutely the best choice can be very difficult, let alone coming up with a solution to the overall layout or blueprint of the renovated space.
This is where a professional renovations contractor often comes in handy, but the process of working with a conventional renovations contractor on small home renovations projects is not always as interactive as it needs to be enact a viable plan. A contractor that is only interested in giving a rough estimate of what a project will cost, and won’t begin to discuss the intricate details and plans of the project until they have a client’s business can be a difficult type of enterprise to work with.
At Interiors With Elegance, the quote process has just been updated and revised. Now this Calgary bathroom renovations contractor is offering an extended process that includes more specific mockups of the proposed work, and a lengthier consultation process for more precise results. Instead of minimizing or truncating the initial consultation process it has become as maximized and protracted as possible, so that homeowners have plenty of time to talk with a wide variety of professionals about exactly what type of plan is going to be effective for their space.
This Calgary basement renovations consultation includes the input of many different types of renovations professionals, and culminates in a detailed quote and plan for the prospective project. All of this is done with no strings attached and is simply this contractor’s way of becoming introduced. The process is specifically designed to cut back on some of the initial confusion and anxiety that can occur when a homeowner is faced with the sheer plenitude of options at their disposal.
Interiors With Elegance also offers a wide variety of products and enables those looking to do renovations to take on the project for themselves. Either way a lengthy consultation can be a great way to get a better understanding of the overall plan and to ensure the success of the renovations.
Wednesday, October 24, 2012
The Fastest Tees on the Internet
Izo ups the ante again with the introduction of Ships Next Day t-shirts. Following customization in the Design Studio, these tees ship within twenty-four hours after artwork approval. Gildan 5000, Tultex Fine Jersey, and Hanes Beefy-T t-shirts comprise the product selection for this speedy deal on Customizo.com.
Focusing on three popular products allows the Izo team to keep stock close on hand, ensuring the rapid turn around time on Ships Next Day orders. The shirts chosen for the deal are of three different fabric weights, to accommodate customer preferences with regards to price, end use, and individual partiality. All three shirts are 100% pre-shrunk cotton and come in a variety of colors.
No minimum quantity is required to use the Ships Next Day delivery option. A flat rate rush shipping charge is applied to all Ships Next Day custom t-shirt orders. (By contrast, standard orders from Customizo.com ship free, also with no minimum quantity order.)
About Customizo and Izo Brands: With Customizo, Groupizo and Snapizo, Izo is knitting the framework for the future of e-commerce with a multi-faceted set of innovative product customization and design tools, a unique group collaboration interface, and mobile media distribution applications. Izo’s mission is to be the most customer-centric, creative, and innovative company in the custom apparel and promotional products industries.
Focusing on three popular products allows the Izo team to keep stock close on hand, ensuring the rapid turn around time on Ships Next Day orders. The shirts chosen for the deal are of three different fabric weights, to accommodate customer preferences with regards to price, end use, and individual partiality. All three shirts are 100% pre-shrunk cotton and come in a variety of colors.
No minimum quantity is required to use the Ships Next Day delivery option. A flat rate rush shipping charge is applied to all Ships Next Day custom t-shirt orders. (By contrast, standard orders from Customizo.com ship free, also with no minimum quantity order.)
About Customizo and Izo Brands: With Customizo, Groupizo and Snapizo, Izo is knitting the framework for the future of e-commerce with a multi-faceted set of innovative product customization and design tools, a unique group collaboration interface, and mobile media distribution applications. Izo’s mission is to be the most customer-centric, creative, and innovative company in the custom apparel and promotional products industries.
QA Graphics Joins The Technology Association of Iowa (TAI)
QA Graphics, Iowa interactive design company, is pleased to announce that they have joined The Technology Association of Iowa.
The Technology Association of Iowa (TAI) is the premier professional organization driving the success of the state's technology industry and tech-based economy. TAI is dedicated to fostering innovation and promoting the success of organizations that develop and deploy technology across industry sectors.
Organizations look to TAI for strong leadership, business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders.
QA Graphics has joined The Technology Association of Iowa to further connect with other organizations throughout Iowa, and to participate in the association’s goal of enhancing the state’s reputation as a technically advanced place where world-class technology firms and organizations thrive.
QA Graphics started out in 2006 with just three employees. The company has focused on hiring young and innovative talent, and currently employees over 30 people, made of up both technical and creative staff including engineers, architects, designers and Flash developers. QA Graphics provides a range of design services, helping organizations combine creative solutions and technology to educate others, for sales and marketing, or to improve internal processes.
QA Graphics works with clients all over the U.S. as well as internationally, providing interactive applications for use on kiosks or touchscreens, on the web, and on mobile devices, interactive sales tools, mobile apps, 3D design, animated videos, and other multimedia. QA Graphics also offers comprehensive design services for the building industry including HVAC graphic design services, 3D design and their industry leading product, the Energy Efficiency Education Dashboard®. The Energy Efficiency Education Dashboard is an educational solution that allows users to interact with mobile devices, touchscreens or kiosks to view how efficient a building is and to learn more about sustainable initiatives that are in place. The solution has been nationally recognized as an innovative product and honored with several awards.
About QA Graphics
QA Graphics is an Iowa-based creative design company specializing in interactive applications, 3D design and animation, mobile app development and other multimedia. The company is also a leader in the building automation and green building industries, providing HVAC graphic development services and energy dashboards to help organizations educate occupants about building performance and sustainability.
The Technology Association of Iowa (TAI) is the premier professional organization driving the success of the state's technology industry and tech-based economy. TAI is dedicated to fostering innovation and promoting the success of organizations that develop and deploy technology across industry sectors.
Organizations look to TAI for strong leadership, business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders.
QA Graphics has joined The Technology Association of Iowa to further connect with other organizations throughout Iowa, and to participate in the association’s goal of enhancing the state’s reputation as a technically advanced place where world-class technology firms and organizations thrive.
QA Graphics started out in 2006 with just three employees. The company has focused on hiring young and innovative talent, and currently employees over 30 people, made of up both technical and creative staff including engineers, architects, designers and Flash developers. QA Graphics provides a range of design services, helping organizations combine creative solutions and technology to educate others, for sales and marketing, or to improve internal processes.
QA Graphics works with clients all over the U.S. as well as internationally, providing interactive applications for use on kiosks or touchscreens, on the web, and on mobile devices, interactive sales tools, mobile apps, 3D design, animated videos, and other multimedia. QA Graphics also offers comprehensive design services for the building industry including HVAC graphic design services, 3D design and their industry leading product, the Energy Efficiency Education Dashboard®. The Energy Efficiency Education Dashboard is an educational solution that allows users to interact with mobile devices, touchscreens or kiosks to view how efficient a building is and to learn more about sustainable initiatives that are in place. The solution has been nationally recognized as an innovative product and honored with several awards.
About QA Graphics
QA Graphics is an Iowa-based creative design company specializing in interactive applications, 3D design and animation, mobile app development and other multimedia. The company is also a leader in the building automation and green building industries, providing HVAC graphic development services and energy dashboards to help organizations educate occupants about building performance and sustainability.
Canadian Companies Who Struggle with Marketing Can Grow Their Sales Dramatically Using Proven Strategies from New B2B Marketing Guide – ‘Market Smart’
Business to business marketing specialist Lisa Shepherd today announced the launch of ‘Market Smart: How to Gain Customers and Increase Profits with B2B Marketing'. It’s a book for B2B companies who want to grow sales and need help with their marketing to achieve that goal. Market Smart is geared towards small and mid-sized Canadian B2B companies that don’t have the knowledge and experience to get the word out about their products and services.
“Canadian business to business companies are excellent at what they do technically,” says Shepherd. “But when it comes to telling the world about what they do and how it benefits their customers, that’s where many falter. They don’t have that American brashness – shouting from the rooftops isn’t in their Canadian DNA, and they end up selling themselves short. To put in bluntly, many Canadian B2Bs suck at marketing and Market Smart can help them improve and grow their businesses.”
For many B2B organizations – especially those in traditional industries - marketing isn’t a core competency or something that’s in their comfort zone. Twenty years ago, B2B companies didn’t have to market like today. They attended a few trade shows, employed a couple of capable sales people, and they were all set. But with global competition and new ways of doing business, B2B companies have to get smart about marketing to enhance awareness of their products and services, gain new customers and increase profits. Marketing has become a matter of survival.
Companies know they need to market, but many don’t know where to start. Market Smart is written for them. It’s an easy read that’s heavy on practical and executable ideas. It offers expertise, examples and insights for companies that don’t have marketing experts in their ranks.
Shepherd’s book isn’t for companies with multi-million dollar marketing budgets. It’s for those who have never had a defined marketing plan, or even a dedicated marketer. It’s for leaders of B2B companies who wear the marketing hat for their business, whether they want to or not. And it’s for administrators and coordinators who aren’t trained marketers, but end up in that role by delegation.
In this comprehensive guide, you’ll learn how to:
Develop a B2B marketing strategy with a practical 3-step process
Identify what B2B customers really want and what will make your company stand out
Choose the right B2B marketing tactics for your organization
Create a realistic action plan
Set goals
Budget and manage your B2B marketing activities
Implement effectively
“If marketing is not your area of expertise, but is one of your roles, this is your book,” says Shepherd. “I like to think of it as a smorgasbord of useful information for executives, administrators, even engineers who are responsible for marketing their companies but haven’t had time to train and learn this critical specialty skill.”
Market Smart includes snippets and guidance geared to the non-marketer. Without going into too much detail on any one topic, it offers a helpful overview of everything you need to know to effectively communicate your message to the people that need to hear it.
“Canadian business to business companies are excellent at what they do technically,” says Shepherd. “But when it comes to telling the world about what they do and how it benefits their customers, that’s where many falter. They don’t have that American brashness – shouting from the rooftops isn’t in their Canadian DNA, and they end up selling themselves short. To put in bluntly, many Canadian B2Bs suck at marketing and Market Smart can help them improve and grow their businesses.”
For many B2B organizations – especially those in traditional industries - marketing isn’t a core competency or something that’s in their comfort zone. Twenty years ago, B2B companies didn’t have to market like today. They attended a few trade shows, employed a couple of capable sales people, and they were all set. But with global competition and new ways of doing business, B2B companies have to get smart about marketing to enhance awareness of their products and services, gain new customers and increase profits. Marketing has become a matter of survival.
Companies know they need to market, but many don’t know where to start. Market Smart is written for them. It’s an easy read that’s heavy on practical and executable ideas. It offers expertise, examples and insights for companies that don’t have marketing experts in their ranks.
Shepherd’s book isn’t for companies with multi-million dollar marketing budgets. It’s for those who have never had a defined marketing plan, or even a dedicated marketer. It’s for leaders of B2B companies who wear the marketing hat for their business, whether they want to or not. And it’s for administrators and coordinators who aren’t trained marketers, but end up in that role by delegation.
In this comprehensive guide, you’ll learn how to:
Develop a B2B marketing strategy with a practical 3-step process
Identify what B2B customers really want and what will make your company stand out
Choose the right B2B marketing tactics for your organization
Create a realistic action plan
Set goals
Budget and manage your B2B marketing activities
Implement effectively
“If marketing is not your area of expertise, but is one of your roles, this is your book,” says Shepherd. “I like to think of it as a smorgasbord of useful information for executives, administrators, even engineers who are responsible for marketing their companies but haven’t had time to train and learn this critical specialty skill.”
Market Smart includes snippets and guidance geared to the non-marketer. Without going into too much detail on any one topic, it offers a helpful overview of everything you need to know to effectively communicate your message to the people that need to hear it.
Thursday, October 18, 2012
Professional Images Photography Announces Instagram Onsite Printing for Event Photo Marketing and Event Photography
Instagram Onsite Printing for your event photo marketing and event photography is now available from Professional Images Photography. Professional Images staff of photographers take the photos using pro digital cameras or any smartphone and also allows the user (event attendee) to take photos with their very own smartphone using the INSTAGRAM application. This event photo marketing service is perfect for marketing corporate products, events and services. The social media impact is the true value of this product and cannot be compared to a photo booth that just takes photos.
The concept is catching on quickly at mobile marketing events, tradeshows, and social events. Recently at a mobile marketing event for a national customer Joseph Rodriguez took time to explain how it works.
How does it work?
As the convention photography season is in full swing the need for something different to draw attendees is important to the success of the Association, Convention or Meeting Planner. Onsite Printing Photography with Social Media is a growing and important tool for business growth, brand awareness and customer engagement. Professional Images Photography is nationally known and recognize for Convention Photography and Event Photography Services. The commitment to bring new photography products and services is ongoing.
The concept is catching on quickly at mobile marketing events, tradeshows, and social events. Recently at a mobile marketing event for a national customer Joseph Rodriguez took time to explain how it works.
How does it work?
- Custom branded photos are taken with Pro Digital cameras or any smartphone.
- Photos are can be taken from a stationary location or roam. Smartphones can be used all around the event or both.
- Creating a customize hash tag, (example: #anyevent) the photo is sent wirelessly to be printed.
- Images can be streamlined live to client's FACEBOOK account photo album where photos are viewed immediately.
- Photos taken are also streamed in real time live to a monitor setup onsite and can be moderated to control inappropriate images.
- Customized branded premium 4x6 photos are created and displayed by booth and claimed free by consumers
- Consumer Data Collection is taken care of by a brand ambassador who collects data when consumer claims their photos.
As the convention photography season is in full swing the need for something different to draw attendees is important to the success of the Association, Convention or Meeting Planner. Onsite Printing Photography with Social Media is a growing and important tool for business growth, brand awareness and customer engagement. Professional Images Photography is nationally known and recognize for Convention Photography and Event Photography Services. The commitment to bring new photography products and services is ongoing.
Calllocato’s Phone-Scam Survey Names Grandparent Scam as Most Frequent in the U.S.
A recent survey conducted by Calllocato a reverse-phone-number-lookup company, reveals that the most frequently occurring phone scam in the U.S. this year, is the ‘relative in distress’ scam. Senior citizens are targeted most often, and hence this scam has also come to be known as the ‘grandparent scam’. The next most notorious scam as indicated by the survey is the ‘phishing scam’, where an imposter, supposedly calling on behalf of a reputed company/government-agency, tries eliciting personal information from unsuspecting victims. This particular scam has been directed at people, both young and old, and eventually leads to ID thefts.
Sweepstakes scams take the third place in the survey. These scams involve callers asking for a small sum of money for sending over a hefty prize to a winner - the victim - for a sweepstakes/lottery entry.
Impersonation scams come a close fourth in the survey. In such scams, the caller claims to represent a service provider (mostly the electricity board. Sometimes the water board, or even the phone provider), telling the victim that he’s due for a payment, failing which the service would be cut-off. Debt collection and outstanding loan payment scams follow in line, as the next most common scam. The caller mostly assumes the guise of a police officer or debt collection officer who threatens to arrest the victim, if he didn’t pay the outstanding amount.
A total of 100 scams that occurred in the year 2012, were taken into consideration in this survey. Among the scams that were considered, the state of California had the most number of phone scam occurrences reported. The state of Wisconsin came next, in the list.
Microsoft was the most quoted company in phishing/ID-theft scams, where the caller tells the victim that he’s a Microsoft representative and that there’s a problem with the victim’s computer. The caller then gets the victim to enable remote access on his computer, on the pretext of fixing the problem. Power supply companies such as Southwestern Electric Power Company (SWEPCO), Indiana Michigan Power, Southern Pioneer Electric Company, MidAmerican Energy Company and Los Angeles Department of Water and Power were among others that were quoted in outstanding-bill-payment scams.
Seasonal scams were found to dominate the period before a particular season/event. Tax related phone scams were on a peak in the month of April, when the income tax returns were filed. Election related telephone scams are on the rise at present, on account of the ensuing (November) Presidential elections. In these scams, people are being dissuaded from going to poll booths on election day to avoid standing in long lines to cast their vote. They are instead being asked to vote through their phones.
New Scams of 2012 as per the Survey
A new kind of scam that was reported from Eagle County, Colorado, is supposedly making rounds across the country. The caller who claimed to be a 9-1-1 dispatcher, called the victim in the middle of the night to check if all was well, citing that numerous calls were received by 9-1-1 from that particular phone number. Once the victim confirmed that everything was fine, the caller proceeded to ask questions such as “How many people reside in the house”, “Are you alone”, “Is there a security system in place”, “Who services the security system” and so on. No other personal information such as bank details or Social Security Number, was asked. This is reportedly indicative of the caller’s intention to burgle the house.
The survey mentions about scams using the name of President Obama. Some scams tell the victims that the government will be paying their bills, or that the President has approved a special funding for them. The Affordable Care Act, which was signed into law by President Obama in March 2010 to combat healthcare frauds, is being used for phishing and ID theft scams too. Incidents had been reported from Phoenix where a caller who claimed to be a government official, asked for personal information from locals.
Another new scam that was reported occurred in Durham, North Carolina. In this scam the caller told the victim - an employee of a particular firm - that the manager of the firm had been arrested and that the employee had been given permission to access and transfer money from the company’s funds for releasing the manager.
Other scams that occurred but were not very prevalent are:-
Sweepstakes scams take the third place in the survey. These scams involve callers asking for a small sum of money for sending over a hefty prize to a winner - the victim - for a sweepstakes/lottery entry.
Impersonation scams come a close fourth in the survey. In such scams, the caller claims to represent a service provider (mostly the electricity board. Sometimes the water board, or even the phone provider), telling the victim that he’s due for a payment, failing which the service would be cut-off. Debt collection and outstanding loan payment scams follow in line, as the next most common scam. The caller mostly assumes the guise of a police officer or debt collection officer who threatens to arrest the victim, if he didn’t pay the outstanding amount.
A total of 100 scams that occurred in the year 2012, were taken into consideration in this survey. Among the scams that were considered, the state of California had the most number of phone scam occurrences reported. The state of Wisconsin came next, in the list.
Microsoft was the most quoted company in phishing/ID-theft scams, where the caller tells the victim that he’s a Microsoft representative and that there’s a problem with the victim’s computer. The caller then gets the victim to enable remote access on his computer, on the pretext of fixing the problem. Power supply companies such as Southwestern Electric Power Company (SWEPCO), Indiana Michigan Power, Southern Pioneer Electric Company, MidAmerican Energy Company and Los Angeles Department of Water and Power were among others that were quoted in outstanding-bill-payment scams.
Seasonal scams were found to dominate the period before a particular season/event. Tax related phone scams were on a peak in the month of April, when the income tax returns were filed. Election related telephone scams are on the rise at present, on account of the ensuing (November) Presidential elections. In these scams, people are being dissuaded from going to poll booths on election day to avoid standing in long lines to cast their vote. They are instead being asked to vote through their phones.
New Scams of 2012 as per the Survey
A new kind of scam that was reported from Eagle County, Colorado, is supposedly making rounds across the country. The caller who claimed to be a 9-1-1 dispatcher, called the victim in the middle of the night to check if all was well, citing that numerous calls were received by 9-1-1 from that particular phone number. Once the victim confirmed that everything was fine, the caller proceeded to ask questions such as “How many people reside in the house”, “Are you alone”, “Is there a security system in place”, “Who services the security system” and so on. No other personal information such as bank details or Social Security Number, was asked. This is reportedly indicative of the caller’s intention to burgle the house.
The survey mentions about scams using the name of President Obama. Some scams tell the victims that the government will be paying their bills, or that the President has approved a special funding for them. The Affordable Care Act, which was signed into law by President Obama in March 2010 to combat healthcare frauds, is being used for phishing and ID theft scams too. Incidents had been reported from Phoenix where a caller who claimed to be a government official, asked for personal information from locals.
Another new scam that was reported occurred in Durham, North Carolina. In this scam the caller told the victim - an employee of a particular firm - that the manager of the firm had been arrested and that the employee had been given permission to access and transfer money from the company’s funds for releasing the manager.
Other scams that occurred but were not very prevalent are:-
- the benevolence scams - soliciting money in the name of charity,
- jury duty scams asking for penalty for failing to appear for jury duty,
- kidnap threats asking for ransom over phone,
- lowering interest-rate scams and
- mortgage settlement scams.
The GoNow eWallet Card: an All-in-One Credit, Debit, Loyalty and Gift Card that Enables eWallets to Work Everywhere -- Card Breaks Mobile Payment Adoption Barriers
Digital Life Technologies’ GoNow eWallet “super smart” card offers an answer to the mobile payment adoption problem because it breaks through every barrier that’s slowed eWallet adoption in the US market. The GoNow eWallet card, a reprogrammable magnetic stripe card that receives commands from your eWallet via any mobile phone, is now in pilots with two customers—one, a major bank; the other, a direct-to consumer eWallet issuer.
Digital Life Technologies has developed a “super smart” card that is programmed by an eWallet and can be swiped at all existing POS terminals and ATMs without any change to existing payment infrastructure or tapped at contactless terminals. The GoNow eWallet card can become any credit, debit, loyalty or stored value card in a consumer’s eWallet “on the fly.” It is easy to add cards from a physical wallet to an eWallet by means of a Magnetic Stripe Card reader that connects through the phone’s audio jack. GoNow eWallet card works on smartphones and integrates with any eWallet by means of an API. The card includes its own secure element and a battery that lasts for up to three years. It does not require charging or a special case.
Digital Life Technologies built a secure element into the GoNow Card to give banks and technology companies with plans to launch an eWallet more options and control plus help them get to market faster. This solution gives banks and technology companies control of their data. It also removes the need for a TSM (Trust Service Manager) in order to launch an eWallet. The GoNow secure element is flexible. It can be used instead of, or in addition to, a secure element in the phone or the cloud. Whatever the secure element solution, the eWallet issuer now has a choice.
There are two additional barriers that the GoNow eWallet card is designed to overcome—branding and revenue generation. The GoNow card is white labeled and allows the company launching an eWallet to keep its own brand front and center. And, it can begin generating revenue immediately because it is easy to deploy and has universal acceptance. But the GoNow card can do even more. It can, with a single swipe, function for consumers as a coupon redemption platform.
"Our vision is to allow consumers to replace their physical wallet with an electronic wallet application on their mobile phone along with the GoNow eWallet card. Consumers will be able to redeem coupons by tapping the phone or swiping the GoNow Card. They will also be able to pay everywhere they shop with their mobile phone." says Doug Spodak, CEO of Digital Life Technologies.
The eWallet market is evolving rapidly and the GoNow eWallet card is poised to play a vital role. Because of all the barriers it overcomes, this product fulfills the promise of an eWallet that works everywhere to drive mass market adoption.
The GoNow eWallet Card will be commercially available by the end of Q1 2013. Digital Life Technologies is accepting volume orders now.
Digital Life Technologies has developed a “super smart” card that is programmed by an eWallet and can be swiped at all existing POS terminals and ATMs without any change to existing payment infrastructure or tapped at contactless terminals. The GoNow eWallet card can become any credit, debit, loyalty or stored value card in a consumer’s eWallet “on the fly.” It is easy to add cards from a physical wallet to an eWallet by means of a Magnetic Stripe Card reader that connects through the phone’s audio jack. GoNow eWallet card works on smartphones and integrates with any eWallet by means of an API. The card includes its own secure element and a battery that lasts for up to three years. It does not require charging or a special case.
Digital Life Technologies built a secure element into the GoNow Card to give banks and technology companies with plans to launch an eWallet more options and control plus help them get to market faster. This solution gives banks and technology companies control of their data. It also removes the need for a TSM (Trust Service Manager) in order to launch an eWallet. The GoNow secure element is flexible. It can be used instead of, or in addition to, a secure element in the phone or the cloud. Whatever the secure element solution, the eWallet issuer now has a choice.
There are two additional barriers that the GoNow eWallet card is designed to overcome—branding and revenue generation. The GoNow card is white labeled and allows the company launching an eWallet to keep its own brand front and center. And, it can begin generating revenue immediately because it is easy to deploy and has universal acceptance. But the GoNow card can do even more. It can, with a single swipe, function for consumers as a coupon redemption platform.
"Our vision is to allow consumers to replace their physical wallet with an electronic wallet application on their mobile phone along with the GoNow eWallet card. Consumers will be able to redeem coupons by tapping the phone or swiping the GoNow Card. They will also be able to pay everywhere they shop with their mobile phone." says Doug Spodak, CEO of Digital Life Technologies.
The eWallet market is evolving rapidly and the GoNow eWallet card is poised to play a vital role. Because of all the barriers it overcomes, this product fulfills the promise of an eWallet that works everywhere to drive mass market adoption.
The GoNow eWallet Card will be commercially available by the end of Q1 2013. Digital Life Technologies is accepting volume orders now.
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