Wednesday, February 04, 2015

Kevin Benedict's Mobile Commerce News Weekly – Week of February 1 2015

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

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A new report from LexisNexis Risk Solutions calculates the volume of fraudulent mobile commerce transactions increased from 0.8 percent of total mobile commerce revenues in 2013 to 1.36 percent in 2014, a year-over-year increase of 70 percent.  Read Original Content

According to a Gartner report, mobile commerce revenue in the United States is expected to double this year. Many sectors of the mobile commerce field are expected to experience a 22 percent increase in revenue in 2015, with mobile commerce revenue as a whole growing by 50 percent in 2017.  Read Original Content

Of those who plan to buy a new car in the next two years, research firm Nielsen found that slightly more than a third (39 percent) of them are very likely to buy one with connectivity features in the head unit.  Read Original Content

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As mobile commerce has been picking up at a substantial rate, retailers in brick and mortar locations have been concerned that consumers may begin to be lured online by the ability to shop for a better deal, no matter where they are, instead of heading out to real world stores.  Read Original Content

According to a recent report from Infiniti Research, the United States is home to the world’s largest mobile commerce market. The country has become a very promising market for mobile shopping, supported by the various mobile payment services that have been launched therein.  Read Original Content

Mobile and social channels may be the key drivers of e-commerce growth this year, according to Monetate. The firm notes that mobile commerce, in particular, experienced a period of healthy growth and activity during the 2014 holiday season. During this time, mobile purchases increased by 45 percent.  Read Original Content

According to the report from ChannelAdvisor, online marketplaces say a 16.2 percent increase in digital sales during the holidays. Much of this growth came from mobile shopping, as consumers opted to use their smartphones and tablets to purchase products rather than visit physical stores.  Read Original Content

A recent report from Juniper Research indicated mobile phone and tablet users will make 195 billion mobile commerce transactions annually by 2019.  This anticipated expansion represents a significant spike over the 72 billion mCommerce transactions expected this year.  Read Original Content

Taiwan Mobile Payment, a joint venture between the Financial Information Service Company, the National Credit Card Center and the Clearing System Development Foundation, has launched what it calls a payment service provider trusted service manager to process NFC-based mobile payments throughout the country.  Read Original Content

Research group Acuity Market Intelligence has estimated the revenues generated by biometric mobile payments will reach $33.3 billion by 2020.  Read Original Content

For the past few years Fiksu has been one of Boston’s fastest growing startups by helping mobile app and game developers stand out and get downloaded. Now Fiksu is getting more aggressive and is making a big play in mobile marketing with new software, which companies, agencies, and marketers can use to target mobile device users.  Read Original Content

India’s e-commerce market is booming, and the mobile Internet may be the reasons. According to a new report from eMarketer, 47 percent of India’s population became smartphone users in 2014.  Read Original Content

Samsung may be planning to reveal its new mobile payments platform as early as next week. The company is expected to unveil the platform at the upcoming Mobile World Congress. The company is speculated to have partnered with Visa to develop the new service, which is called Samsung Pay.  Read Original Content

Twitter is buying an India-based mobile marketing startup for an undisclosed sum, as it seeks to attract users in the developing world.  The Bangalore-based ZipDial allows consumers interested in a company’s services to dial its number and hang up before connecting.  Read Original Content

For the tenth consecutive quarter, Facebook announced revenues ahead of Wall Street’s estimates, largely driven by the strength of its mobile advertising and increasing numbers of mobile users.  Read Original Content

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Kevin Benedict
Writer, Speaker, Senior Analyst
Digital Transformation, EBA, Center for the Future of Work Cognizant
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.