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26.02.2014 Uncategorized No Comments

MasterCard to Enhance Credit Card Transactions with Smartphones.

February 25, 2014 | Dara Kerr | CNET
Using geolocation data, the credit card company proposes a plan that will only allow card transactions when a users’ smartphone is within close proximity.

MasterCard and Syniverse partner on new plan to boost credit card security with smartphones. With hacks, stolen credit card data, and identify fraud constantly on the rise, some credit card companies are looking into how to better beef up security.

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MasterCard announced Tuesday that it has partnered with mobile technology company Syniverse to make it more difficult for unauthorized users to buy goods with nabbed credit cards. While working to heighten credit card security is nothing new, MasterCard’s most recent plan is a bit different because it involves users’ smartphone geolocation while they’re traveling abroad.

The idea is that a users’ credit card cannot be used unless it is within close range of their cell phone. For instance, if someone is traveling in Mexico, but their card is supposedly swiped in Canada, the transaction will be declined.

Lots of times credit cards are declined when people use them in foreign countries without notifying their banks they are traveling. MasterCard’s smartphone geolocation feature would also avoid this issue.

Along with the amped up security, MasterCard will also offer travelers prepaid data packages in order to ensure their smartphone’s GPS is turned on without incurring expensive roaming fees.

“This collaboration of two global technology leaders opens up a whole new range of possibilities for end users, ensuring a seamless payment and mobile experience,” MasterCard president of Global Strategic Alliances Hany Fam said in a statement. “By leveraging the speed and intelligence of our global network and combining it with geolocation solutions, we are enabling your MasterCard to uniquely work where you and your phone are, anywhere in the world.”

It seems MasterCard and Syniverse’s new plan is a half step toward digital wallets, which have been on the rise the past couple of years. It appears many major credit card companies are on the path to one day offer users a way to pay for items with only a smartphone.

In October, MasterCard, Visa, and American Express announced a partnership to create a new digital payment technology that would increase the security of payments via Web sites and mobile products by using a digital “token.” MasterCard has also worked on projects like the MasterPass system, which addresses all forms of digital transactions.

Currently, MasterCard and Syniverse’s smartphone security plan is still in a pilot-phase; when it does roll out, it will be an opt-in service.

13.02.2014 Uncategorized No Comments

Digital Health Funding 2010-2014

The post Infographic: 2010-2014 Digital Health Funding Insights appeared first on HIT Consultant Media.

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03.02.2014 Uncategorized No Comments

Castlight Health Secretly Files for $2B IPO.

Castlight Health, a San Francisco-based online benefits software company, secretly filed for a $2 billion-plus initial public offering, according to an exclusive report by Fortune over the weekend.

The Fortune report, published Feb. 1, said Castlight will seek a valuation “upwards of $2 billion,” in an offering expected to be led by Goldman Sachs with participation by Morgan Stanley.

The company was started in 2008 by former Athenahealth executive Todd Park who later led the effort to build the oft-criticized Healthcare.gov web site for the Obama Administration as chief technology officer for the U.S. Department of Health and Human Services.

But Castlight didn’t begin offering its services online until 2011. Its software helps employees access health care quality and price information, and it helps both workers and employers cut health care costs, according to the company.

Giovanni Colella, another co-founder, is the current chief executive of Castlight, which has raised $160 million in two rounds of funding so far.

In a Jan. 18, 2013 article, the San Francisco Business Times identified Castlight as one of two Bay Area health care IT companies likely to file for a big IPO. The other was San Francisco’s Practice Fusion.

So far, Castlight hasn’t confirmed the Fortune account, which the business publication said was based on confidential SEC filings.

26.01.2014 Uncategorized No Comments

Social Media for Venture-Med

Please like our facebook page:
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Twitter :
@venture_med

Tweet us:
#venture_med

Thank you!

The social media is a great way to spread the word.

Jose

04.11.2011 Uncategorized No Comments

New iPhone 4 & 4S Cases.

New iPhone 4 and 4S cases from element case called the Vapor Pro Series have received excellent consumer ratings.  The custom release of the Medicine logo on the suede back is causing great excitement in the healthcare world.  Doctors are saying that it is a great thing to have your life’s work and passion on your iPhone.  Go to www.mojav.com to get more information and purchase instructions.

18.12.2010 Uncategorized No Comments

FDA approves Cryoballoon Ablation for PAT.

Medtronic Receives FDA Approval for First and Only Cryoballoon Ablation Treatment in the U.S. for Paroxysmal Atrial Fibrillation

New Arctic Front® Cardiac CryoAblation Catheter System Reduces Symptoms for Patients with Common Heart Rhythm Disorder

MINNEAPOLIS – December 17, 2010 – Medtronic, Inc. (NYSE:MDT) today announced that the U.S. Food and Drug Administration (FDA) has approved its Arctic Front® Cardiac CryoAblation Catheter system, the first and only Cryoballoon in the United States indicated for the treatment of drug refractory paroxysmal atrial fibrillation (PAF). The Cryoballoon treatment involves a minimally-invasive procedure that efficiently creates circumferential lesions around the pulmonary vein, which is the source of erratic electrical signals that cause the irregular heartbeat.

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15.11.2010 Uncategorized No Comments

Spineview Provides Future Discectomy Device.

Spineview introduces the enSpire Discectomy and Decortication device. This device provides a new technology for easier discectomy, smaller incision, and faster patient recovery. The device comes as a disposable battery operated and self contained device that cuts and removes spinal disc annular tissue simultaneously. The device allows the surgeon a novel approach with a more intelligent approach.

15.11.2010 Uncategorized No Comments

Airstrip OB

Airstrip technologies (http://airstriptech.con) is a medical software company that has developed a platform for delivering critical information to mobile devices. Their first product Airstrip OB delivers fetal monitor strip information directly to the ob/gyn physician’s mobile device. They deliver to iPhone and iPad and the value is significant for both mother and baby. While a woman is in labor, the fetal monitor strip shows critical information regarding the health of the fetus during labor. Up until now, the doctor had to communicate with the nurse and get a second hand report on the monitor strip. Now, the monitor tracing and data is viewed instantly by the doctor. The patient feels reassured that she is not alone, the ob/gyn is viewing her progress even though he/she is not at her bedside.

This is a significant advance that creates a new kind of physician, one that is more informed and able to react to critical life changing events. Airstrip OB is a wonderful new technology that makes the doctor and hospital top notch providers of the best medical care. Airstrip technologies, way to go!