Tag: Exchange

  • Revolution Money: Would You Use the New Revolution Money Card?

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    Revolution Money is a relatively new money exchange system and credit card network. Having recently expanded its reach by partnering with Fifth Third Bank as an issuing agent for its cards, Revolution Money also just raised $42 million through Goldman Sachs in April. People in the business community must really believe Revolution Money is something very special. With a sea of credit and debit cards available to consumers and merchants, what makes Revolution Money and it’s card offering different?

    Well for one thing, the card physically looks and technically functions like nothing else on the market. Paymentsnews.com explains:

    Originally positioned to appeal to the extremely security conscious market segment, all transactions are PIN-based, riding over the debit networks’ rails using a proprietary BIN range (PINs for ecommerce transactions are entered in the CVC2/CVV2 field). Cards are not embossed, and do not have the cardholder name printed on the card or encoded on the mag-stripe. In addition, the number printed on the card is different than the number encoded on the mag-stripe, adding some level of additional risk management.

    Financial protection is definitely a plus during these uncertain times. In addition, Revolution Money offers an innovative and extra-secure way of sending money online called Revolution Money Exchange, which touts itself as a viable alternative to both checks and cash. Revolution Money is definitely leading on the bleeding edge in terms of offering consumers new ways to safely spend.

    But what does Revolution Money offer the business owner? Uniquely, the Revolution Money system is set up to reward merchants with points for encouraging customers to use the Revolution card, while suggesting that merchants pass those rewards on to their customers. This then promotes the loyalty of customers to the specific merchants offering the rewards, rather than the card. Businesses of various kinds can surely see the potential in this type of “revolutionary” arrangement with a credit card company. Usually, merchants lose money on credit card deals and the card issuer retains all the loyalty based on rewards. The Revolution Money system reverses all that.

    Should Revolution Money and Revolution Money Exchange turn the purchasing world on it’s head? Will the Revolution Money card become a preferred method for payment for consumers and merchants alike? Can Revolution Money Exchange really overtake the ubiquity of PayPal? Only time will tell. But as this recent partnership between Revolution Money and Fifth Third Bank shows, this company is taking no prisoners on its rampage path of growth.

     

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  • Wake up, ladies…

    Posted by: Ashley Dupre

    Wow. Talk about outrage. Although many people agreed with my point of view regarding the socially acceptable ways women prostitute themselves, it looks like the haters are still out in full force and twisting my words around (I saw in the NY Post that even a few of the cast members of the Real Housewives of New Jersey chimed in – why so sensitive? Does the truth sting a bit too much?).

    I even had a nut job chase me down on the street this weekend while walking my dogs – she followed me home, screaming and cursing at me the entire time, threatening me, and she had much of it recorded on her iPhone (can’t wait to see that terrifying experience posted somewhere).  So, let me clarify a few things so you call understand. I wasn’t saying “all women” use men for money – I said many, to varying degrees, do.  Whether it’s dating in exchange for jewelry and clothes, or being in a loveless relationship with someone you’re not attracted to simply for the sake of having financial security, it all comes down to compromising yourself in exchange for being taken care of by a man. This is ingrained in us as little girls – find a prince, find a rich man to marry, date someone with the means to care for you.

    I don’t endorse any of these types of relationships and believe that the only healthy relationship is one in which there is love, mutual respect, attraction and friendship (I really hope to find that for myself one day).  But just be honest about what’s worse here – the woman who is deceiving men into thinking they’re in love so they can cash in, the woman who sacrifices her life in a meaningless relationship because she is complacent and too afraid to leave the money to search for something more meaningful, or the “prostitute” who doesn’t pull any punches and is honest about her expectation of receiving financial consideration for sex (at least that’s honest and everyone’s expectations are clear).  I’m not certain one is any better or more ethical than the other – but I do know that each one is unhealthy – and if you’re labeling one of them a “prostitute,” then be honest and call all of them prostitutes. 

    A trophy wife who doesn’t truly love her husband is like being a prostitute on payroll, and a gold digger is like a prostitute who accepts payment in the form of merchandise instead of cash.

    Wake up, ladies.

  • Cuban wants SEC to pay his legal fees (AP)

    Dallas Mavericks owner Mark Cuban wants the Securities and Exchange Commission to pay his legal fees stemming from the agency's insider trading case against him. In court filings, Cuban cites alleged misconduct by the agency and requests that it be sanctioned for its "bad faith." The SEC sued Cuban, claiming he engaged in insider trading when he sold his stake in an Internet search…