22 April 2018
Jan-Olof Brunila


Jan-Olof Brunila - Swedbank

3Posts 14,759Views 71Comments
A post relating to this item from Finextra:

Twitter for credit card purchases unveiled

17 December 2009  |  17203 views  |  1
Blippy, a service that automatically publishes users' credit card transaction details online, has launched in invitation-only beta.

Card fraud datamine?

18 December 2009  |  4627 views  |  1

Is this new service a mine of information for anybody that wants to access valid payment card numbers in order to use these for fraudulent on-line purchases? Or is the service PCI compliant thus making it impossible for anybody to access or use the underlying card number including the administrator of the service?

If yes,  card numbers can be stolen, then this service well complements the service where a mag stripe reader can be connected to an I phone and act as "payment terminal" since there a fraudster can access physical card details by imposing as a "merchant" with the I phone + card reader and now also get card numbers for e - commerce fraud from the communities where people file them!

Comments: (1)

Ainsley Ward
Ainsley Ward - CGI - Toronto | 21 December, 2009, 08:44

It took me a while to work out what they're trying to achieve, but basically it seems to work a bit like the SMS notifications for transactions - and instead of outputting to your phone, it sends your line item detail to a pre-defined twitter account.

From a consumer POV it seems a bit like bragging - which really is soooo 2007... "Read my Twitter and see all the wonderful things that I'm buying." It's all a bit pre-crisis really.

However, as a mechanism it does have some really interesting potential so perhaps we'll see some new apps coming in the notifications sector in the near future. I've made my feelings known about SMS applications in the past and this seems to be the first way that web communications are being leveraged in an effective way to overcome the issues with SMS.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Latest posts from Jan-Olof

Card fraud datamine?

18 December 2009  |  4627 views  |  1 comments | recomends Recommends 0

Look at retailer owned banks elsewhere

29 July 2008  |  5375 views  |  0 comments | recomends Recommends 0 TagsCards

Prepaid or deposits?

17 December 2007  |  4758 views  |  1 comments | recomends Recommends 1 TagsCardsPayments

Jan-Olof's profile

job title Director-Group Card Services
location Stockholm
member since 2007
Summary profile See full profile »
In charge of the coordinated effort on payment cards in the Swedbank Group operating with payment card services in more than 10 countries

Jan-Olof's expertise

Member since 2002
3 posts71 comments
What Jan-Olof reads
Jan-Olof writes about
Jan-Olof's blog archive
2009 (1)2008 (1)2007 (1)

Who's commenting on Jan-Olof's posts