Tuesday, August 28, 2012

Mobile Commerce News Weekly – Week of August 26, 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

Juniper Research has released a new report on the future of mobile payments. Juniper predicts that mobile payment transactions will reach $1.3 trillion in the next five years, a fourfold increase. Read Original Content

Deutsche Telekom has taken a major step toward its scheduled launch of the Mobile Wallet initiative next year. The company has finalized its technical service provider for its mobile payment initiative, working out plans for card management and technical processing. Read Original Content

A survey from researcher Yankee Group indicates 46 percent of U.S. consumers use smartphones to check prices and product reviews at stores, up 5 percent from 2010. The study up also found 54 percent of consumers have downloaded a mobile shopping application and 24 percent consider these apps essential. 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

PayPal is teaming with Discover to extend its fledgling mobile wallet service to millions of additional retail locations across the U.S.  Read Original Content

The Romney campaign has announced that it will use Square, a mobile platform that allows users to collect payments on a smartphone, at the GOP convention in Tampa. Read Original Content

InMobi has conducted a survey of 1,000 users in the second quarter of this year and found that 59 percent of them had completed mobile transactions while only 38 percent had made purchases using a mobile device in the previous six months. Read Original Content

The results of the latest study by Juniper Research have been released, showing that near field communication technology will have facilitated approximately $74 billion in mobile transactions by the year 2015. Read Original Content

A recent report by Deloitte & Touche says mobile payments in China, though still in their infancy with uncertain policies, undeveloped technologies and limited application scenarios, will experience a golden era of development in the next three years. Read Original Content

Americans shop an average of 38 percent more from their mobile devices on summer holidays, according to data published by online bargain site dealnews. Mobile shopper traffic reached record highs on Independence Day 2012. Read Original Content

By the end of 2013, roughly 43 percent of bank customers are expected to be using their smartphone for banking on the go, according to The Federal Reserve. Read Original Content

Whitepapers of Note

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

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Kevin Benedict, Mobile Industry Analyst and Mobile Strategy Consultant
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Full Disclosure: I am a mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.