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 Payment Services to Swisscard Stacks and Stacks Adds Mazooma’s Debit Solution to Online Payment 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 Mobile 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 has announced that it “now connects its mobile payment 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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Lightspeed Research has announced the results of a new study showing that half of mobile users in the U.S. have made purchases from their mobile phone. “Phone apps or games were the most popular items purchased via mobile, music and ringtones coming a distant second and third.” The survey also includes survey data on mobile payment preference, cut by age and gender. The full survey results are available for download.
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Glenbrook’s Carol Coye Benson will speak October 29th at the UW Law School Conference – “Mobile Payments: Global Markets, Empowered Consumers and New Rules?”. The one-day conference will explore the benefits of mobile 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 Mobile Payments Mainstream in North America?”
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Monitise has announced its enhanced technology platform which “incorporates a range of mobile banking and payment services to deliver fast, secure financial management by mobile phone across the world. The platform enables financial institutions, mobile phone networks, service providers, payment companies and processors to offer a wide variety of Mobile Money services in both developed and emerging markets.” The platform offers the following products: * Monitise Mobile Wallet – setting up a virtual wallet on a mobile handset to enable mobile payments and commerce for people without bank accounts, and managing the associated agent networks * Monitise Mobile Payments and…
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Beijing-based mobile network operator, China mobile 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 mobile 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 payment and finance operations.
According to Dataxis Intelligence, China mobile is the world’s largest mobile operator with its 539 Million subscriber base of which 7.6 million using 3 G services at the end of March 2010.
The market for NFC (Near Field Communication) mobile 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 mobile payment will open new revenue channels for banks as well as mobile operators as more than 94% of the U.S. population owns a mobile phone, and 60% of these have a card slot in their mobile phone. 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.
T – Mobile 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 – Mobile 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 »
With Mobile phones becoming essential commodity in todays time. But the ever increasing mobile bills have added to agony of users. However, we now have a solution in terms of PAY as you mobile phones.
The pay as you go mobile phones come with plenty of benefits and options that give the users an opportunity to select appropriate mobile 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 mobile bills.
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 mobile phones to identify themselves at affiliated points of sale. Collecting and redeeming of points is done through a simple phone 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.