Wednesday, April 06, 2011

Mobile Money News Weekly - Week of April 4, 2011

The Mobile Money News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

Also read Field Mobility News Weekly
Also read Mobile Retailing News Weekly
Also read Mobility News Weekly
Also read M2M News Monthly

The number of Americans using mobile devices to access financial services is growing fast.  In the fourth quarter of 2010, almost 30 million Americans accessed their bank, credit card or brokerage accounts from a cell phone or tablet, up 54 percent from the same quarter a year earlier.

http://articles.cnn.com/2011-03-29/tech/mobile.banking.gahran_1_mobile-banking-mobile-financial-services-feature-phones?_s=PM:TECH

********

The decreased swipe fees for debit and credit use may help promote the wide use of mobile wallets.

http://finance-commerce.com/2011/04/reduced-debit-swipe-fees-may-hasten-shift-to-phone-payments/

********

A Sprint official has said that the company is moving to eventually have NFC chips inside its phones so they can be waved at the cash register for purchases, with the bill showing up on the customer's credit card statement and not on their cell phone bill.

http://www.walletpop.com/2011/04/05/mobile-payment-apps-increasing-and-so-may-your-debt/

********

Isis will pilot its mobile commerce program based on NFC technology in Salt Lake City in early to mid 2012, the joint venture said recently.  This venture includes AT&T, Verizon, and T-Mobile.

http://www.pcworld.com/businesscenter/article/224264/us_operators_prepare_to_launch_isis_digital_wallet_pilot.html

********

Analysts forecast that the Global Point of Sale Software market will reach $3.2 billion in 2014.  One of the key factors contributing to this market growth is an upgrade of the point of sale systems retailers.

http://www.businesswire.com/news/home/20110405006593/en/Research-Markets-Global-POS-Software-Market-2010-2014

********

Sprint plans to introduce an NFC based mobile payments service by the end of 2011.

http://www.fiercemobilecontent.com/story/sprint-vows-mobile-payment-system-launch-years-end/2011-04-05?utm_medium=nl&utm_source=internal

********

ClickSoftware is an SAP mobility partner and the leading provider of automated workforce management and optimization solutions for every size of service business.  This newsletter is sponsored in part by ClickSoftware - http://www.clicksoftware.com/.

********

Last week Samsung and Visa announced that they’re going to bring NFC enabled mobile payments to London in time for the 2012 Olympics.

http://www.intomobile.com/2011/04/04/visa-and-samsung-working-together-bring-nfc-enabled-mobile-payments-2012-olympics-london/

********

Key upgrades in the new BlackBerry Bold Touch will include NFC capabilities.

http://www.v3.co.uk/v3-uk/news/2039916/blackberry-bold-touch-set-ship-nfc-technology

********

Amazon may soon become a player in mobile payments using NFC technology.

http://www.geek.com/articles/mobile/amazon-considering-jump-into-nfc-mobile-payments-2011044/

********

Forrester analyst Thomas Husson says that only 12 percent of adults in the U.S. and 6 percent of adults in Europe have made transactions from their phones.

http://mashable.com/2011/04/01/mobile-payments-disrupt-report/

********

On March 28, 2011, American Express dipped into digital payments by revealing Serve. This new approach offers iOS and Android device, but also Facebook, a possibility to pay bills with no need of having a conventional debit or credit card.

http://www.htlounge.net/art/15250/american-express-unveils-serve-mobile-payments-for-facebook-ios-and-android.html

********

Microsoft plans to include mobile payment technology in new versions of its operating system for smartphones as part of an effort to narrow Google’s lead in handset software.

http://www.boston.com/business/technology/articles/2011/03/31/microsoft_joins_mobile_payment_push/

Recent Articles by Kevin Benedict

The Table of Contents in Your Enterprise Mobility Book
Mobile End Points Not Just Mobile Device or Mobile App Management
Gartner Awards Vivint with Enterprise Efficiency Award for Enterprise Mobility Solution
FierceMobileIT: Crowd Sourcing to Become More Relevant in Enterprise Mobility
Sybase Afaria Mobile Device Management Finally Needed
Aberdeen Group and Friends Webinar on Enterprise Mobility
Smartsoft Mobile Delivers Mobility Apps for SAP on Microsoft Devices
ClickSoftware Closes Historic Deal with DIRECTV

Whitepapers of Note

The Business Benefits of Mobile Adoption with SAP Systems
ClickSoftware Mobility Suite and Sybase Mobility Solution
Networked Field Services

You can follow me on Twitter @krbenedict and read my blog, Enterprise Mobility Strategies.

I have added a feature to my blog site that supports email subscriptions. You can now receive all blog articles directly via email. If you are interested, click here.




***************************************************
Kevin Benedict, Independent Mobile and M2M Industry Analyst, SAP Mentor Volunteer
Follow me on Twitter @krbenedict Join the SAP Enterprise Mobility Group on Linkedin

Full Disclosure: I am an independent mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.