Headline News – October 20, 2010

Headline News is compiled by Glenbrook Partners: J.P. Morgan Streamlines Payments to and from Asia WAUSAU Financial Systems Relaunches Comprehensive Remote Deposit Capture Suite TSYS to Provide Services to Swisscard Stacks and Stacks Adds Mazooma’s Debit Solution to Online Options Survey Says One Third of Consumers Now Using Online Banking Tools To Manage Finances Amdocs Partners With Vesta to Offer a Combined Prepaid Charging and Top-Up Solution ClairMail Sponsors Survey on the Value of Banking Among Top Bank Executives Hot Shot Media Selects ThreatMetrix To Protect Online Properties Note: Throughout the day, as we spot interesting developments,…

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mopay Extends Market Coverage to 80 Countries Worldwide

mopay has announced that it “now connects its platform to 80 countries worldwide. With almost 100 percent coverage in Europe, North and South America and Australia, mopay recently expanded its footprint to South Korea and India, further extending its reach in the Asian market.”

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The Mobile Shopping Revolution

Lightspeed Research has announced the results of a new study showing that half of users in the U.S. have made purchases from their . “ apps or games were the most popular items purchased via , music and ringtones coming a distant second and third.” The survey also includes survey data on preference, cut by age and gender. The full survey results are available for download.

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Carol Coye Benson to Speak on Mobile Payments

Glenbrook’s Carol Coye Benson will speak October 29th at the UW Law School Conference – “ Payments: Global Markets, Empowered Consumers and New Rules?”. The one-day conference will explore the benefits of payments to consumers – both in developed and developing markets and the types of regulatory approaches that will increase consumer adoption and provide incentives for businesses to compete in this emerging space. Carol’s panel will focus on the question: “What Will it Take to Make Payments Mainstream in North America?”

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Monitise Unveils Global Mobile Money Technology Platform

Monitise has announced its enhanced technology platform which “incorporates a range of banking and services to deliver fast, secure financial management by across the world. The platform enables financial institutions, networks, service providers, companies and processors to offer a wide variety of Money services in both developed and emerging markets.” The platform offers the following products: * Monitise Wallet – setting up a virtual wallet on a handset to enable payments and commerce for people without bank accounts, and managing the associated agent networks * Monitise Payments and…

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China Mobile interested in investing in African mobile payment market

Beijing-based network operator, China is reportedly interested in investing in Africa to boost services in rural areas. Though the company has not specified neither the region, nor its potential acquisition targets on the continent, it has an ambitious goal to “push business for payments” as stated by Jianzhou Wang Chairman of company.

It would be recalled that recently, the operator concluded a deal that enabled it to acquire a 20% stake in Shanghai Pudong Development Bank, a move expected to help boost its wireless and finance operations.

According to Dataxis Intelligence, China is the world’s largest operator with its 539 Million subscriber base of which 7.6 million using 3 G services at the end of March 2010.

New Study on Mobile Payment Technologies and Strategies Published

The market for NFC (Near Field Communication) payments in the U.S. is in the nascent stage with an adoption rate of only 1.7%; this represents a huge opportunity for early movers offering the same. Adopting NFC will open new revenue channels for banks as well as operators as more than 94% of the U.S. population owns a , and 60% of these have a card slot in their . With the help of NFC technology, banks will be able to tap micro transactions made by cash, representing around 20% of the total transactions in the U.S. This will also help banks to capture the growing GEN Y population as well as the huge underbanked and unbanked population.

In 2009, the value of transactions in the U.S. was $5.2 billion, constituting 6% of the global value of transactions; this is expected to reach $56.7 in 2015, growing at a CAGR of 49.19%. The share of U.S in 2015 will reach approximately 10.6% of the global transaction.”

Black Sony Ericsson Vivaz Deals Are Now Available On T- Mobile

T – has assured the Sony Ericsson users that it has stocked the Black variant Sony Ericsson Vivaz. The other colours in which this handset is available are red, blue and silver. These 4 different shades cater to choice of every kind of person. Contract Sony Ericsson Vivaz Deals on T – starts from £14.06 per month. You can get a free laptop if you opt for monthly contract of £27.92. Read the rest of this entry »

Affordable Pay as you Go Mobile Phones To always keep you going!!

With phones becoming essential commodity in todays time. But the ever increasing bills have added to agony of users. However, we now have a solution in terms of PAY as you phones.

The pay as you go phones come with plenty of benefits and options that give the users an opportunity to select appropriate deals as per their specific needs. These handsets are a perfect idea for those who want to keep their eyes on the monthly expenses of their ever exceeding bills.

With pay as you go phones users can avail the freedom of using the talktime and other services in paying for them in advance. Hence having a controlled expenditure on expenses.
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Apparel Group Loyalty Program – UAE’s First Mobile Loyalty Program is based on Margento Solution

Apparel Group Loyalty Program “Club Apparel” was launched few days ago in Dubai in cooperation with Imovation. Club Apparel is the first Mobile Loyalty Program in UAE and it’s based on globally patented Margento technology.
It enables local as well as international shoppers benefit from using their personal phones to identify themselves at affiliated points of sale. Collecting and redeeming of points is done through a simple call. All transactions are quick and take very little effort, while still guaranteeing a high degree of security.

275 Apparel stores are part of the Club Apparel scheme and equipped with the Margento POS terminals. After successful launch, Apparel Club will role out to the group’s other stores across the Middle East.

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