MPW ISSUE 144 March 8 2010
News
Researchers Develop Secure Mobile Payment Protocol
University of Oxford researchers have developed a protocol for facilitating secure peer-to-peer and person-to-person payments using mobile phones.
Purchase Issue Target Enables Gift Cards for Mobile Phones
Target reports that shoppers can now use smartphones to access their gift-card accounts and have the barcode scanned at checkout.
Purchase Issue Spending Rises as Consumer Optimism Returns
US consumers spent more and saved less in January, according to newly released government data, indicating that shoppers' recent thrift has only been a flirtation and consumer optimism in the economy ...
Purchase Issue Merchants Testing Cell Phone Purchasing Applications
Many US merchants are striving to turn consumers' phones into information displays and ordering devices in an attempt to bolster the connection between their physical venues and the internet.
Purchase Issue GoPayforit rebrands to ImpulsePay
Payforit, the UK mobile payment service that provides direct billing to users mobile phones, has changed its name to ImpulsePay.
Purchase Issue Intelligent Environments to challenge Monitise
Intelligent Environments is set to take on Monitise after raising £0.75 million through a share placing to fund development of a new mobile banking platform.
Purchase Issue MShift sues Digital Insight to enforce patent
MShift has filed for patent infringement action against Digital Insight Corporation, a wholly owned subsidiary of Intuit Corp., as well as against Community Trust Financial Corporation and Community Trust ...
Purchase Issue Pudong Development Bank plans to sell stake to China Mobile
Chinese mobile telecommunication operator China Mobile or its state-owned parent may buy 20% of Shanghai Pudong Development Bank for $5.9 billion, Bloomberg reports.
Purchase Issue Vendor Zone
Utiba Americas partners with WAU Movil
Alternet Systems say that its subsidiary, Utiba Americas, has entered into a strategic partnership with WAU Movil, Latin America's largest mobile messaging and transaction network. The strategic partnership ...
Purchase Issue Mi-Pay receives £3 million investment
Octopus Ventures, a UK investment company, has led an investment round of £3 million into Mi-Pay. The investment round was also supported by existing institutional investor Albion Ventures and management.
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Purchase Issue EZCheck releases EZVerify
EZCheck have released EZVerify, their mobile check verification and guarantee service for use with multiple Smart Phones including the iPhone.
Purchase Issue Firethorn update platform
Firethorn Holdings has expanded its mobile banking solution to allow consumers to now manage their checking, savings and credit card accounts with more than 3,700 US financial institutions using a single ...
Purchase Issue Contactless NFC
GlobalPlatform supports activation of multiple contactless applications
The international specification body for smart card infrastructure, GlobalPlatform, has released an amendment to its Card Specification v2.2 to significantly advance the management of multiple contactless ...
Purchase Issue Citi pilot breaks new ground
Edgar, Dunn & Company (EDC) has released its white paper titled "Citi Tap and Pay mobile NFC proximity payments pilot - Bengaluru, Results & Findings" that captures its views, perspectives and conclusions ...
Purchase Issue Contactless limit upped to £15
The maximum limit for contactless credit and debit card payments in the UK has been increased from £10 to £15.
Purchase Issue EnStream launch Canadian mobile NFC trial
Canadians will soon be able to leave their wallets at home thanks to a wireless payment sticker trial launched by EnStream. The ‘Zoompass Tag’ is a wireless payment device designed in the form of a sticker ...
Purchase Issue Mobey’s secure element white paper
Mobey Forum has released a white paper which examines the important role of the secure element in delivering mobile payment services to end users. The paper, which will be of particular interest to senior ...
Purchase Issue Verayo launch unclonable RFID chips
Verayo, a security and authentication provider has launched its next generation of RFID ICs based on the company’s innovative Physical Unclonable Functions (PUF) technology.
Purchase Issue Nokia ends production of NFC SIM phone
Nokia has quietly pulled the plug on its 6216 NFC phone, which was to be its first commercial model supporting a standard connection to the SIM card for storing payment and ticketing applications.
Purchase Issue Tyfone to launch ‘SideTap’ MicroSD Cards
Tyfone has announced that its ‘SideTap’ MicroSD memory card versions will be available via partners in Q2 2010. According to Tyfone, these MicroSD memory cards with Tyfone’s SideTap contactless payment ...
Purchase Issue Mobile Payments
USAA teams for mobile authentication
USAA has announced that it is giving its mobile users "faster, more secure mobile logon access to their banking, insurance and investment accounts through its new quick logon and authentication security ...
Purchase Issue Mobile P2P not a good prospect for developing markets
A consumer survey conducted by ABI Research in November 2009 in seven countries on three continents has found consistently low levels of interest in making person-to-person payments via the mobile phone. ...
Purchase Issue RingGo solves on-board entertainment conundrum
Passengers on First Great Western trains will be able to sit back, relax and access on-train entertainment services with a single phone call to the RingGo pay-by-phone service.
Purchase Issue Mobile Banking
Are Banks from Mars, Mobile Banking Technology Vendors from Venus?
Although talked about for years, mobile banking has become a reality in 2010, to the point where it is viewed as the "fifth channel" of banking. By the end of this year, the majority of top 50 US banks ...
Purchase Issue US m-payments and banking adoption grows rapidly
The number of US consumers using their phones for mobile banking and mobile payments is growing significantly across all consumer segments, with exponential growth seen among the younger generations, ...
Purchase Issue MPOS
New m-payment application interface
CHARGE Anywhere is proud to announce a new release of its mobile card payment software application. Overall enhancements include a new user friendly graphical interface with large icons and a blue design ...
Purchase Issue Secure m-payments at POS
Mocapay has introduced what it claims is "the only mobile solution in the marketplace that enables secure, hardware infrastructure agnostic, mobile payments regardless of tender type and transaction location". ...
Purchase Issue Ingenico introduces m-commerce applications
Ingenico has introduced the Ingenico ROAM suite of mobile applications - including ROAMpay and ROAMbuy - to help sales agents, mobile workforce professionals, and merchants reach and service consumers ...
Purchase Issue Mobile Remittance
MMT still requires regulatory strengthening
Kenyan finance minister, Uhuru Kenyatta has said that mobile money transfers present enormous responsibilities and challenges to the government in terms of policy and supervision.
Purchase Issue BSNL to launch mobile money transfer
Bharat Sanchar Nigam Limited (BSNL) plans to launch in the near future a mobile banking platform that will help a mobile subscriber send money orders electronically through SMS.
Purchase Issue Visa in Africa: compete or partner
Global payments technology company Visa International is courting mobile phone network operators with a view to tying up partnerships that could give the company a foothold in the emerging mobile phone ...
Purchase Issue