Consumers want banks to deliver financial advice and banking services through both virtual and physical channels. But despite the popularity of virtual banking, global consumers still value the personal attention …
Mobile Payments
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< class="penci-entry-title entry-title grid-title penci_grid_title">Cisco survey: Customers want to use financial services anywhere, with any device >
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< class="penci-entry-title entry-title grid-title penci_grid_title">Brazilian Bank Federation sees boom in mobile banking market >
Making financial transactions with mobile devices is not considered new in Brazil. However, the service is far from being heavily used. During this week’s Ciab (check all stories) —a conference and …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mobile wallet space gets crowded >
How many mobile wallets do you need? Many of us might say none, thank you very much, our credit cards work just fine. But service providers see a revenue opportunity …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Telefónica, MasterCard launch m-payment in Argentina >
Wanda, the mobile money joint venture between Telefónica and MasterCard, launched in Argentina, eyeing the millions of wireless users who don’t have a bank account. Wanda is expected to reach …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Digicel adds NFC to its mobile money service in Tonga >
The mobile network operator Digicel has added NFC technology to its Digicel Mobile Money service offering in the South Pacific archipelago nation of Tonga. Digicel said it will make the …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Coke, Macy’s and other retailers join Isis as mobile payments partners >
Isis, the mobile payments venture formed by Verizon Wireless, AT&T Mobility and T-Mobile USA, today announced its first set of retail partners who will accept contactless payments made with smartphones. …
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< class="penci-entry-title entry-title grid-title penci_grid_title">BOKU wins contract with Sprint Nextel, adds key hires >
Mobile payments provider BOKU has added Sprint Nextel to its list of customers. BOKU will now be providing mobile payment solutions to all four major U.S. carriers. The company has …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Reader Forum: Further customer knowledge and loyalty with mobile payments >by Dan Meyerby Dan Meyer
With all the current momentum in the mobile payments space it seems hard for merchants to be able to decide what, if anything, they should utilize now to enhance
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mobile banking to match Internet banking in Brazil in 5-7 years >
Boosted by the growth of smartphone use, mobile banking is on track to become as common as Internet banking in Brazil during the next five to seven years, industry analysts …
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< class="penci-entry-title entry-title grid-title penci_grid_title">América Móvil-Banamex-Banco Inbursa mobile payment joint venture taps Gemalto >
Gemalto announced it has been selected as the technology provider for Transfer, the service resulting from a joint venture between América Móvil/Telcel, Citibank´s Mexican unit Banamex, and Banco Inbursa. Launched …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Square may head back to capital markets in race against PayPal >
Less than a month after raising $100 million in a deal that valued it at ten times that amount, Square is reportedly considering a new round of financing that could …
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< class="penci-entry-title entry-title grid-title penci_grid_title">SXSW 2012: Mobile payments in the spotlight at SXSW Interactive >
AUSTIN, Texas – It’s been a busy month for startups trying to gain visibility in the mobile payments space. They barely had time to catch their breath after Mobile World …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Telefónica and MasterCard dub m-payment JV ‘Wanda’ >
The m-payment joint venture between Telefónica and MasterCard (MA) has a brand name: Wanda. The offering is expected to provide mobile payment solutions to more than 87 million Movistar customers …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Reality Check: Eight Brazilian telecom issues to watch >
The Brazilian telecommunications market will over the next two years will face its best time since its opening to private initiatives. Here are eight issues, facts or trends, that deserve attention.
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< class="penci-entry-title entry-title grid-title penci_grid_title">NFC could be launched in Brazil this year, but it still faces great challenges >
Near field communication (NFC) is on its way to getting launched in Brazil and could become a reality at the end of this year, told RCR Wireless News Mustafa Almansur, NFC programme leader …
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< class="penci-entry-title entry-title grid-title penci_grid_title">2012 Predictions: Latin America set for shakeup in plans, revenue streams and bundled offers >by Dan Meyerby Dan Meyer
The nearing maturity of mobile voice services in most Latin American countries and the reduction on mobile termination rates set by regulators are leading to three main trends in the region: the launch of unlimited plans; the search for new revenue streams; and the commercial launch of multiple-play offerings.
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< class="penci-entry-title entry-title grid-title penci_grid_title">2012 Predictions: MEF sees NFC, HTML5 and gaming as some of top trends for new year >by Dan Meyerby Dan Meyer
In 2011, MEF accurately forecast that the proliferation of smartphones would drive mobile consumer engagement with a number of other predictions also coming to fruition. MEF’s success in anticipating and addressing key industry issues, combined with its increased representation of the wider mobile content and commerce industry, place it in a strong position to forecast the top mobile industry trends for 2012.
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< class="penci-entry-title entry-title grid-title penci_grid_title">Visa certifies Samsung, LG and RIM smartphones for NFC payments >
Visa announced it has approved NFC-enabled smartphones from Samsung Electronics, LG Electronics, and Research In Motion for use with Visa payWave, its mobile application for payments at the point of …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mobile payment discounts hit Austin bars ahead of SXSW >
The holidays are ending, but Austin’s Tabbedout hopes the party will go on, and that bars and restaurants around town will let you use your smartphone to pay the bill. …
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< class="penci-entry-title entry-title grid-title penci_grid_title">MasterCard, Telefónica create m-payment joint venture >
MasterCard and the Brazilian unit of Spain’s Telefónica have created a joint venture to offer mobile financial solutions, or m-payment, for 65 million Vivo consumers in Brazil. The initiative aims …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Reality Check: M-commerce in Latin America >
Contrary to what we might have once believed, the mobile phone is the vehicle that will become the basis of all convergent channels. Before, it was thought that this main vehicle would be the TV or even the computer, but the mobile phone has won this battle — not only with its incredible growth in units but also because these small devices incorporate more tech features every day.
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< class="penci-entry-title entry-title grid-title penci_grid_title">Google could push m-payment efforts >
While carriers and banks discuss mobile payment business models in Brazil, without anyone taking an m-payment leadership role, companies around the globe may launch initiatives that could deeply impact the …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Business models hold back m-payment development in Brazil >
It still will take awhile before mobile payments really take off in Brazil. Since the beginning, carriers and banks haven’t agree on who should lead the process. Therefore, no successful …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Verizon and Intuit offer mobile credit card payment system to small businesses >by sylvie barakby sylvie barak
Verizon Wireless has teamed up with Intuit Inc. to provide a mobile credit card payment system to small businesses using an app and pocket-sized credit card reader. The card reader can be …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Latam lagging behind in developing mobile payment services, Gartner says >
Worldwide mobile payment users will surpass 141.1 million in 2011, a 38.2% increase from 2010, when mobile payment users reached 102.1 million, according to Gartner. Worldwide mobile payment volume is …