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Mobile sales rose by 133 percent year on year in August to £1.6 billion, underlining the huge growth in consumer awareness and confidence in shopping on smartphone and tablet devices. The figures, from Capgemini consultancy and UK online retail association IMRG, also found that overall online sales rose by 18 percent in August 2013, compared with the same period in 2012. Read Original Content
Barclays has launched updates to its Pingit app that will expand the bank's reach into mobile payments, kicking off the race among financial services firms to deliver m-commerce platforms. Read Original Content
After PayPal added new shopping features to its digital wallet, MasterCard added a new service called ShopThis! to its MasterPass wallet. The service, which MasterCard is offering with Intel and PhiSix Fashion Labs, offers online shoppers looking for fashion and clothing items a fully interactive 3D virtual fitting room through Intel’s Virtual Shopping Experience, MasterCard said in a statement. Read Original Content
While social, mobile, analytics and cloud technologies add a new dimension to your model, to fully maximize their value consider the sum is greater than its parts. The formula for the Future of Work is called SMAC - social, mobile, analytics and cloud on one integrated stack, where each function enables another to maximize their effect. This newsletter is sponsored in part by Cognizant.
Despite Facebook’s strides in the mobile sector, only slightly more than 11 percent of the social network’s referrals to social commerce websites came via mobile, compared with 31 percent of Twitter referrals and 26 percent of those from Pinterest, according to the latest Ecommerce Quarterly study by Monetate. Read Original Content
Biometrics Research Group, Inc. expects that mobile commerce adoption will accelerate due to impending wide-scale integration of biometric technology into smartphones. The research consultancy expects worldwide mobile payment transactions will reach $250 billion in 2014, reaching $750 billion in annual transactions with more than 700 million users by 2020. Read Original Content
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A lot of mobile security is about sticking to the basics. That is the gist of the Department of Homeland Security’s “Roll Call Release”. Their report results practically crowns Apple’s iOS as the reigning security champions. With a miniscule percentage of iOS apps shown to be infected with malware compared to the lion’s share of infected mobile devices belonging to the various, mostly older versions of the Android OS. Read Original Content
The latest data is now indicating tablet commerce is skyrocketing in importance, as the ownership of these devices has increased by 282 percent over the last two years, and a growing number of those gadget owners are shopping over these smaller screens. Read Original Content
Zapp, a UK mobile commerce company set up by VocaLink, has signed a partnership agreement with WorldPay. The agreement is expected to allow retailers across the UK to support Zapp’s new mobile payments app. Shoppers will be able to use their mobile phones to pay at stores in 2014, The Telegraph reports. Read Original Content
Vodafone has been working to position itself as a leader in the mobile commerce sector by meeting this demand with its SmartPass platform. The company has recently begun a pilot test for the platform in Auckland, New Zealand, before an international launch later this year. Read Original Content
MoPub, a startup that helps mobile publishers manage their ad inventory, has been acquired by Twitter, giving the social network another route into building its advertising business, specifically on mobile platforms. Read Original Content
As mobile security concerns, ranging from credit card fraud to identity theft, are growing among Australian consumers PayPal has announced it is increasing its efforts to provide consumers with the protection they need to trust in its digital payments technologies. Read Original Content
Drapers Online reports PayPal is working on an update for its smartphone app, which will allow customers to use their own faces to verify that a transaction is valid. Read Original Content
Next time you want a double cheeseburger meal from McDonald’s you might be able to pay for it using your mobile phone. The fast-food chain is currently piloting a new program that allows its customers to use a mobile to device to order and pay for a meal. Read Original Content
Mobile transaction volumes will come close to the 30 billion mark in 2014, according to a report out today from RBS and Capgemini, as consumers and firms increasingly move away from cash and onto electronic channels. Read Original Content
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Kevin Benedict, Head Analyst for Social, Mobile, Analytics and Cloud (SMAC) CognizantView Linkedin Profile
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and SMAC analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.