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MPW ISSUE 112 • February 21 2008
News
Vodafone and Roshan launch MMT service in Afghanistan
Vodafone and Afghan operator Roshan have launched Afghanistan’s first mobile money transfer system (MMT). The service, branded M-Paisa, is a mobile technology platform that provides financial services ...
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Smart partners with Western Union to deliver mobile remittance service
Smart Communications and the Western Union Company have forged an agreement to jointly develop and pilot a Mobile Money Transfer service in the country that will make low-denomination, high-frequency ...
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Taiwan Mobile in comprehensive commercial roll-out of mobile NFC
Taiwan Mobile has selected Gemalto to provide the world’s first commercial NFC SIM-based mobile contactless system. It is designed to remotely manage the life-cycle of any type of contactless service ...
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M-PESA reaches 1.6m customers in 12 months
Safaricom and Vodafone say that M-PESA (MPW 88, 89), the mobile money transfer (MMT) service launched in March 2007, now has 1.6m customers.
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TSYS and Telrock partner for US m-payments
Telrock and TSYS say they are jointly developing a suite of integrated mobile solutions for TSYS’ North American clients. Telrock has been providing mobile solutions for TSYS’ European card processing ...
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Poland continues to introduces m-payments
A second Polish MNO, Play, and mPay have announced an agreement to jointly implement an m-payment service (MPW 106).
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Monitise continues to launch products but its problems are growing
UK mobile banking outfit Monitise has launched MoniHome, an international remittance service that enables customers to use their handsets to initiate, manage and track payments around the world.
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Financial transactions via mobile to generate $587bn by 2011
A new report by Juniper Research finds that the rush by banks and mobile operators to deliver financial services to the mobile phone will result in just over 612m mobile phone users generating over $587bn ...
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McAfee research reveals consumer concern
McAfee has released findings from new research that reveals that almost three out of four mobile consumers (72%) are concerned about the security of todays and tomorrow’s mobile services, such as mobile ...
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Mi-Pay Introduce ‘Mobile Money Suite’ at AfricaCom
Mi-Pay has launched its Mobile Money suite of solutions at AfricaCom. The company hopes the new portfolio of services will generate new revenues and reduce costs for the mobile operators and pre-paid ...
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Mitek Systems launches mobile cheque deposit and bill pay application
Mitek Systems has announced ‘ImageNet Mobile Deposit’, the first m-banking software that allows banks to accept paper cheque deposits and bill payments via camera-equipped mobile phones.
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Mpayy launches service for mobile merchants
Mpayy Inc. has launched a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons ...
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Contactless payments and NFC in the US: beyond science fiction
A new report from Aite Group claims that, in the absence of increased incentives by card networks, Aite Group estimates that merchant penetration of contactless payment will only increase from 0.5% today ...
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Octopus to provide major smartcard transport system in Dubai
Octopus Knowledge Limited, a subsidiary of Octopus Holdings, has joined forces with Electronic Documents Centre (EDC) to develop and implement a contactless smartcard payment system for the Roads and ...
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ING and MasterCard to develop m-payments solution
ING Payments Retail Europe announced at the Mobey Forum in Amsterdam, their plans to partner with MasterCard Worldwide in the development of an m-payments solution that focuses specifically on consumer ...
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Cornèr Bank issues Visa payWave
Cornèr Bank and Visa Europe say the first Visa payWave card in Switzerland will be available to customers from Q1 2008.
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Safer electronic financial transactions with new ISO standard for mobile biometric authentication
ISO has just published a standard to increase the security of financial transactions over electronic media. The new standard, ISO 19092:2008, Financial services – Biometrics – Security framework, establishes ...
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NAB launches m-banking
National Australia Bank customers will soon be able to bank wherever they are and when ever they want, by sending an SMS from their mobile phone.
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BOQ launches m-banking platform
Bank of Queensland will launch an m-banking solution for customers in the Q2 2008.
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Standard Chartered Bank partners with PayMate for m-commerce
Standard Chartered Bank, India’s largest international bank, has allied with PayMate for an m-commerce solution. The alliance will enable Standard Chartered customers to experience making payments via ...
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LUUP concentrates on banking sector
LUUP (MPW 82, 100) has unveiled its LUUP Mobile Wallet at Mobile World Congress in Barcelona, an application designed to provide the customers of financial institutions with quick and convenient m-payments ...
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paybox and ViVOtech partner for NFC-enabled remote and proximity payments
paybox and ViVOtech have partnered to extend NFC-enabled remote and proximity m-payments anytime and anywhere, in virtually any e-commerce or m-commerce scenario.
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Hypercom to purchase Thales e-Transactions
Hypercom has executed a share purchase agreement with Thales SA to purchase its e-Transactions business, in accordance with the binding offer it made in December of 2007. The transaction is expected ...
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mBlox solidifies its place at the top
mBlox says it successfully delivered over 2bn application-to-person transactions in 2007, demonstrating the continued appetite for mobile messaging-based services. The transactions, which included mobile ...
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Sybase 365 delivers 89bn SMS and MMS in 2007
Sybase 365 has announced another record-breaking year of mobile message delivery for 2007, successfully processing more than 89bn domestic and international SMS and MMS messages.
Read More
Analysis
Mobile Financial services to thrive – given correct regulation
The convergence of mobile communications and financial services will see more than 1.4bn people worldwide benefiting from mobile financial services by 2015, according to new research by Edgar Dunn, a ...
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Vendor Zone
AT4 wireless launches NFC Test Tool
AT4 wireless is launching an upgrade of its leading test system RIDER, which now also covers testing for one of the most promising wireless technologies: NFC. NFC technology allows consumers to perform ...
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Oberthur launches FlyBuy Duo
Oberthur Technologies has designed ‘FlyBuy Duo’, a new solution for NFC m-payment featuring a two-chip architecture which complies with the needs of both banks and telecom operators.
Read More
Pizza Hut launches m-commerce and advertising campaign
MyClick Media Limited (MyClick) has launched Pizza Hut’s first customer promotion in 2008, the “Snap for Rewards” campaign, in which, customers can use their mobile phones to take snapshots of MyClick ...
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Jawwal selects Macalla Platform for m-payments
Jawwal has contracted Macalla for its Macalla Platform initially to enable electronic top-up services to its subscribers. Jawwal is a Palestinian Mobile Operator with more than 1m subscribers, and coverage ...
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