InternetMobile Phone Payments Spread to Mexico

The trend and its enabling technology continue to proliferate globally -- but not in the U.S.

Mexicans will soon be able to pay for small purchases such as restaurant meals and taxi rides using their mobile telephones, the country's banks said on Monday. Telephone operators Telefonica and Iusacell are teaming up with big banks such as Citigroup and BBVA to launch the service, marketed at first toward technology savvy teenagers and expected to debut over the next few months. Mobile phone users will be able to have their bank link their savings account to their telephone so they can make payments to participating stores, restaurants and taxis by sending a text message, Roberto Rodriguez, in charge of the service, said at a news conference. RELATED ARTICLES Selling Travel Online: It's Not Just for the Big Guys Inflation, Credit Crunch Hit e-Commerce SaaS E-commerce Services on the Rise For... [ Read more on www.internetnews.com ]

InternetResearchers offer new way to avoid bogus Web sites (AP)

AP - Intercepting Internet traffic, and spying on the communication between two computers, is a gold mine for hackers. Now Carnegie Mellon University researchers hope software they've built will make it harder for criminals to hit that jackpot.

InternetMySpace Tops in Display Ads

New figures from comScore are the latest sign that ad business is heating up at social networking giant.