Monday, May 14, 2012

Mobile Commerce News Weekly – Week of May 13, 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

MasterCard, the No. 2 payments processor, has unveiled PayPass Wallet Services, its own take on the digital wallet. The wallet will allow users to store all of their cards, and MasterCard plans to distribute developer tools to allow other wallets to work with its network. Read Original Content

BlackBerry is hoping to steal a march on Samsung by heavily pushing its NFC enabled devices ahead of the Olympics. The launch of the campaign comes shortly after BlackBerry devices were certified with MasterCard PayPass technology, which will debut in the UK in the third quarter. Read Original Content

Canada’s six-largest lenders including Royal Bank of Canada, Credit Union Central of Canada and Desjardins Financial Group agreed to voluntary guidelines to develop mobile payments at retail outlets across the country, the Canadian Bankers Association said announced in a statement. 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

Last week Virgin Mobile put up a pre-order for its first phone with NFC support, a device called the LG Optimus Elite. Well, it appears that Virgin might have a hit on its hands as pre-orders for the Optimus Elite has sold out ahead of its launch. Read Original Content

A study released by payment technology provider ACI Worldwide and research firm Aite Group has defined a new species known as a “Smartphonatic” by looking at the mobile banking and payment adoption rates in 14 countries and has found the creature is driving the demand for mobile payments and banking. Read Original Content

Less than a third of U.S. consumers have used their phones to make payments, compared to two thirds of consumers in China, according to a report published Monday by Aite Group and ACI Worldwide. Read Original Content

NXP has announced that its PN65 chip will be driving NFC in Samsung's upcoming Galaxy S III smartphone. Read Original Content

Extending its commitment to drive mobile innovation from the enterprise to consumers, SAP AG SAP announced a new wave of mobile apps designed to help people be more efficient whether at work, at home or pursing leisure activities. Read Original Content

Digicel Pacific has launched in Tonga an NFC-enabled mobile wallet service that it plans to offer in all its markets. The service is claimed to be the world's first integrated NFC capable wallet service that does not require a bank account, credit card or smartphone. Read Original Content

Kony Solutions, the leading mobile application development platform provider, announced that it is the first mobile platform provider to support the new MasterCard PayPass Wallet Services. Read Original Content

In its Mobile Payments Readiness Index, MasterCard said several economies around the world - from "highly scaled and integrated" ones such as the UK to "compact and technology-driven" ones like Singapore - are approaching a point where handheld devices will account for a significant share of the payments mix. 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.