| Mobile Payments World
142 January 29 2010 |
NEXT ISSUE February 19 2010 |
News
Card fraud costs US $8.6bn
The US card payments industry loses an estimated $8.6 billion to card fraud annually, according to a new Aite Group report.
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Italy's first large-scale rollout of EMV contactless card
Gemalto has announced it is providing Setefi (Intesa Sanpaolo), with its Optelio solution for the first large-scale rollout of EMV PayPass contactless ...
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G&D and ARM protection for m-apps
ARM and Giesecke & Devrient (G&D) have announced a strategic partnership for the development of highly-secure mobile phone platforms.
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M-Pesa withdraws to ATMs
Kenyan wireless operator Safaricom has struck a deal with Equity Bank that enables M-Pesa mobile money transfer customers to access their funds at ATMs ...
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‘Swagg’ wireless transaction service
Qualcomm is planning a late 2010 rollout of Swagg, a wireless gift card and transaction service, as part of a larger effort to replace credit cards with ...
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Contactless: Fast Lane or Roadblock?
Beginning last year, Best Buy gradually began to halt acceptance of the Visa payWave contactless card.
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Arcot Introduces mobile authentication solution
Arcot has announced a new EMV authentication solution for cardholders to authenticate ‘Card Not Present’ transactions using their mobile phones. According ...
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Mobile payments network in El Salvador
RegaloCard, a mobile payments company that has developed a free and instant replacement to costly money transfer services, continues its rapid expansion ...
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Just months to replace old wireless payments systems
Merchants and caterers have a six-month deadline to replace old wireless payments systems in order to comply with the PCI Data Security Standard, which ...
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RBC goes contactless for winter games
RBC Royal Bank is adding another unique payment option to its lineup of Visa prepaid cards. Athletes, coaches and team officials attending the Vancouver ...
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GoPayforit launches m-payment service for online content
A new service from GoPayforit (MPW 139) has been launched to allow easier access to the Payforit and web Payforit technologies (MPW 118).
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Mobile Banking
Barclays enhances mobile banking service
Barclays has made a further enhancement to its mobile banking service which will allow customers to make payments to third parties.
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Cashless future
Visa is expecting cashless alternatives such as contactless payments to gain traction this year.
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Banks and operators go head to head
Banks and mobile network operators are set to go head to head in a bid to control the market for NFC mobile payments services, according to a new research ...
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ClickandBuy launches P2P payments for facebook
UK based e-money institution ClickandBuy is to launch its first P2P payment service as a downloadable app for use by facebook friends and developers. ...
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Citi Mobile for the iPhone
Citi has announced that millions of Citi credit card customers in the US can now manage their card accounts via the downloadable Citi Mobile application ...
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Contactless Cards Do Not Need Extra Protection
Commonwealth Bank of Australia (CBA) says there is no need for cardholders to enclose their new contactless cards in wallets equipped with a protective ...
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Smart Card makers launch initiative to establish open standard
Smart card manufacturers Giesecke & Devrient (G&D), Oberthur and chip suppliers Infineon and INSIDE Contactless have launched an industry initiative to ...
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Breakthrough for mobile barcode?
Masabi has successfully collaborated with Access IS to produce optimised mobile barcode scanners for use in high volume, mass-transit situations.
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MPOS
Apple takes terminal bite
It’s no wonder POS terminal makers are scrambling to produce PDA-like devices that offer portability, convenience and savings – the mother of all smart ...
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BOKU Closes $25m Series C financing
BOKU has announced that it has raised $25 million in series C capital led by DAG Ventures with continued participation from Benchmark Capital, Index Ventures ...
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NFC Forum announces new specifications
The NFC Forum has announced the adoption and release of the Logical Link Control Protocol (LLCP) specification, which supports bi-directional communications ...
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Mobile Remittance
India arrests "Hawala" kingpin
India has arrested an alleged kingpin of the international "Hawala" informal money transfer system after a joint operation by detectives in five countries. ...
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Opinions
Top 10 m-commerce trends for 2010 - By Tarik Husain, Director, mCommerce, Sybase 365
The number of mobile phone subscribers around the world is approaching 4 billion; more than double the number of internet users. In absolute terms, this ...
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Contactless NFC
EPC consultation on SEPA mobile payments
The European Payments Council (EPC), the decision-making and coordination body of the European banking industry in relation to payments, and GSMA, representing ...
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Mobile Payments
Safaricom lengthens lead in Kenya
Kenya's leading mobile operator Safaricom has seen its market share surpass 80%, according to the latest Wireless Intelligence data. Its popularity is ...
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