Wednesday, January 05, 2005
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Jeff Jordan. Who is he? He's the new president of PayPal, having been named to that position early last month. He's been with eBay (PayPal's owner) since 1999. Of all the many electronic banking and commerce institutions out there, I think PayPal is the most important and has the best chance of finally delivering on the promise of secure, trusted e-commerce transactions. Why? If PayPal can't deliver, eBay can't continue its torrid growth.
The PayPal integration process has been fraught with bumps since eBay acquired the company in 2002; the electronic payments company has had to contend with fast growth, as well as being considered a very attractive target for hackers and assorted other bad guys. In the third quarter of last year, PayPal had a payment volume of $4.6 billion (yes, billion). If Jordan can deliver, PayPal will become the de facto way to transact electronic business.
From Eric Lundquist - IT People to Watch in '05 - http://tinyurl.com/3ngzl
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The PayPal integration process has been fraught with bumps since eBay acquired the company in 2002; the electronic payments company has had to contend with fast growth, as well as being considered a very attractive target for hackers and assorted other bad guys. In the third quarter of last year, PayPal had a payment volume of $4.6 billion (yes, billion). If Jordan can deliver, PayPal will become the de facto way to transact electronic business.
From Eric Lundquist - IT People to Watch in '05 - http://tinyurl.com/3ngzl
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