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Announcement of Snapcash no doubt left many Snapchat users wondering how secure their personal and financial information will be. It must be noted that the announcement came after a number of high profile security breaches on Snapchat’s servers. For instance, Snapchat had to contend with serious allegations last January that its servers had been hacked and some 4 million user accounts compromised. It was only last May that Snapchat had to enter into negotiations with US Federal Trade Commission in regard to allegations that it saved user data when it had informed its users that their data would not be stored. To allay security fears Shaquille O'Neal Jersey , Snapchat indicated that Square will be responsible for processing transactions made using it’s too. What this means is that Snapchat users using the tool to send money will literally be creating Squarecash accounts. With about 100 million monthly active users, announcement of Snapcash serves as a clear indication that Snapchat is out to expand its operations beyond its messaging business. Although the service can only be accessed by US residents above 18 years, Snapchat’s large number of users should ensure the success of the service if they embrace it.
Total Views: 104Word Count: 480See All articles From Author Free News Articles Home Awards and Honors Energy Reggie Lewis Jersey , Oil and Gas Insurance McMullen and PowerGuard named 2011 Risk Innovator and Responsibility Leader by Risk and Insurance Magazine McMullen and PowerGuard named 2011 Risk Innovator and Responsibility Leader by Risk and Insurance Magazine Author: PowerGuard Specialty Insurance Services Dateline: Irvine, California (IRVINE, Calif.) | Wed Kevin Mchale Jersey , 21 Sep 2011
freeNewsArticles Story Summary: “PowerGuard Specialty Insurance Services - a Managing General Agent specializing in unique insurance and risk management solutions for the wind and solar energy industries - today announced that Managing Principal Mike McMullen was named by Risk & Insurance magazine as a 2011 Risk Innovator.”
A R T I C L E:
PowerGuard Specialty Insurance Services - a Managing General Agent specializing in unique insurance and risk management solutions for the wind and solar energy industries - today announced that Managing Principal Mike McMullen was named by Risk & Insurance magazine as a 2011 Risk Innovator.
The Risk Innovator Award recognizes professionals from a variety of industries who have demonstrated innovation and excellence in risk management. As one of only 18 recipients of the 2011 Risk Innovator award, McMullen and the PowerGuard team were recognized for their work in developing unique solutions for the wind and solar energy sectors including PowerGuard's PowerClip(TM) warranty coverage and PowerWrap(TM) solar project guarantee policy.
"We are very pleased and honored to be recognized by Risk & Insurance for our warranty coverage and other financial solutions in the solar and wind energy markets," noted McMullen. "The PowerClip and PowerWrap products are making it possible for alternative energy to progress in areas where growth has been stymied in recent years. It is very rewarding to have others recognize the value of these products and their ability to act as a catalyst for growth in the alternative energy field."
In addition to being honored as a 2011 Risk Innovator John Havlicek Jersey , McMullen was awarded the Responsibility Leader designation. As one of only 8 recipients chosen from the 2011 Risk Innovators class, McMullen was tapped for the Responsibility Leader designation due to his success in developing unique and practical risk solutions in the energy sector that have benefited the organization, employees Danny Ainge Jersey , and community. The award also acknowledges McMullen's commitment to doing the right thing as opposed to the easy thing in overcoming obstacles.