It is March 2013, and we are nowhere near where we thought we would be with mobile payments in North America. There's huge velocity in the area, be it investments by major players, committed VC dollars, conferences, analyst reports, and so on. But mobile payments have impacted relatively few consumers' lives to this point.
Executives with the three UK operators involved in mobile payments and marketing joint venture Weve used an appearance at a recent event in London to emphasise to retailers and brands the significance of their startegy. Vodafone UK CEO Guy Laurence said not signing up will be like "not signing the Beatles."
While advances in mobile technology are making "anywhere, anytime payment" easier, consultancy KPMG argues it also increases opportunities for fraudsters to identify and target victims.
Mobile money services vendor Monitise entered a new three-year deal with Visa Europe that will provide it with minimum revenue of €45 million.
Juniper Research said that the number of discount coupons redeemed through mobile and tablet devices is expected to reach 10 billion this year as stores look to use coupons to encourage retail footfall and to enhance consumer engagement and retention.
Mobile payments service provider Bango will develop a direct-to-bill mobile payment platform with Telefónica. The global framework deal will see Bango's platform combined with Telefónica's BlueVia payment APIs following successful trials of direct-to-bill in the Spanish operator's businesses.
The gold rush to win the mobile payment race has attracted a lot of different companies, however it's still unclear which ones will succeed at this multi-billion dollar industry. Feature
More than 1 billion mobile phone users will have used their phones for mobile banking by the end of 2017, compared to just over 590 million this year, according to a new report from Juniper Research.
Vodafone CEO Vittorio Colao confidently predicted UK consumers will embrace payment services based on near field communications (NFC) technology in mobile phones this year, although it is still not clear when services will become available on a wider basis.
Choosing five highlights from a hectic 12 months of European wireless news is thought provoking. However, there were several events and companeis that stood out to me: disruptions in the market,...