Then, there is Jim, poor Jim Prideaux, lately a stalwart of the Secret Intelligence Service, or S.I.

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Before, 50-year-old Trevor Prideaux had to balance the phone on his arm or put it on a flat surface.

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John Prideaux was the first head of Union Railways, set up by British Rail to push through the Channel Tunnel rail link.

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Even Visa's Mr Prideaux admits that the idea was crazily impractical.

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Now when he gets a call Prideaux can either hold the prosthetic arm up to his ear, put it on speaker phone, or take it out if need be.

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There are roughly 70 million smart cards with electronic purse applications being used throughout Europe now, said Jon Prideaux, executive vice president for new products at Visa International in Europe.

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Jon Prideaux, who launched his Virtual Visa at a card fair in Paris this week, says that charge-backs due to the Internet run at between ten and 40 times the level of charge-backs in face-to-face transactions.

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Solar shares fell some 32% on the NEX in the first quarter of the year and have suffered again in recent weeks, a drop that Prideaux blames on proposals in Germany and Spain to cut generous feed-in tariffs that oblige utilities to buy renewable electricity at above market prices.

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