Tuesday, April 10, 2012

Mobile Commerce News Weekly – Week of April 8, 2012

The Mobile Commerce 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 Enterprise Mobility Asia News Weekly
Also read Field Mobility and M2M News Weekly
Also read Mobile Marketing News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly

Fifty-eight percent of consumers who have a smart device use location-based applications, despite concerns about safety and use of their personal information for marketing purposes, according to a survey from nonprofit global information security association ISACA. Read Original Content

Among the top 200 grossing apps at Google Play and the Apple App Store, 60 percent of all revenue came from purchases made through apps on smartphones and tablets. The iPad and iPhone app stores brought in daily revenue of $2.1 million and $3.3 million, respectively, in January 2012. Read Original Content

Nordstrom, the Seattle-based fashion and beauty retailer, is rolling out mobile point-of-sale devices. These mobile POS devices, a modified iPod Touch with a merchandise scanner and credit card slider, allow employees to check out customers from anywhere in the store. Read Original Content

Verivo is a leading provider of enterprise mobility software. Verivo helps companies accelerate their business results. Its unique technology empowers teams to build, deploy, manage and update their mobile apps -- rapidly and securely. Verivo’s mobility platform is used by hundreds of companies in numerous industries, worldwide. This newsletter is sponsored in part by Verivo.  To learn more, visit www.verivo.com

The new StockTouch app allows you to visualize the stocks of 1,350 companies on one interface. The app is an easy-to-read heat map that displays the top 100 U.S. and top 100 global companies in all 9 industry sectors of the market. The app covers nearly 75 percent of all global trading activity. Read Original Content

A chart taken from a Toluna/Econsultancy survey from May last year found that 19 percent of 2,000 online respondents had used their mobiles to compare prices and look at product reviews while out shopping. Read Original Content

The introduction of open loop "tap and go" payments could cut commuting time by nearly an hour a week, a survey conducted for MasterCard has found, and 47 percent of commuters would be willing to use their mobile phone to make transit payments. Read Original Content

Mobile salary dispersal is being used to fight corruption and ensure workers receive their full wage in emerging markets, according to the head of a mobile commerce and financial services solution provider. Read Original Content

According to Forrester, one billion people will have smartphones by 2016; ComScore's annual mobile report reveals that 48.1 percent of all U.S. mobile subscribers owned a smartphone as of December 2011; and the Mobile Marketing Association reports that in some countries there are more mobile subscriptions than there are people. Read Original Content

Western Union has officially partnered with MTN, one of the largest mobile operators in Africa, to introduce what’s being called a cross-border mobile money transfer. Read Original Content

Data from the Luxury Institute’s “WealthSurvey” indicates that wealthy smartphone owners who make purchases through their device are not holding back. Looking at their spending via mobile in the past 12 months, just 23 percent said they had spent less than $100, while 44 percent had spent upwards of $500, including one-quarter who had spent more than $1000 on their device. Read Original Content

According to a February 2012 Consumer Electronics Association M-Commerce Forecast, 90 percent of consumers own a tablet, a smartphone or a cell phone. Of these consumers, 37 percent are engaging in some form of mobile commerce. On average, consumers spent $642 on mobile purchases in the past 12 months — a whopping $124 billion overall. Read Original Content

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

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Kevin Benedict, Independent Mobile Industry Analyst, Consultant and SAP Mentor Alumnus
Follow me on Twitter @krbenedict

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.