Mobile Commerce News Weekly – Week of June 3, 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

The British Post Office, a company that can trace its roots back to 1660, is leaping with both feet into the 21st century and the NFC payments game. The post office is rolling out NFC-compatible payment systems to each of its branches across the country starting this week. Read Original Content

In the United States, nearly half of the nation (48 percent) is interested in a mobile wallet, based on a representative sample of 605 consumers conducted by Carlisle & Gallagher Consulting Group, a financial services industry consulting firm. Read Original Content

D TECH, a manufacturer of automated data entry, mobile payment, point of sale, and secure payment devices, has introduced a new line of Bluetooth devices which support magnetic stripe and barcode reading technologies. 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

Marvell has announced a new 802.11ac-enabled chip that includes NFC and Bluetooth, all in one. The Avastar 88W8897 is geared at mobile devices and aims to compete with Broadcom's own chipsets, which are already being sold inside "5G Wi-Fi" routers. Read Original Content

Security Service Federal Credit Union has formed a partnership with Tyfone Inc. to introduce a host of mobile financial services to its members. Security Service customers will be able to check their balances, review account history, transfer funds, lookup branch and ATM locations, set up customizable alerts and pay bills. Read Original Content

Square has announced it is making picking up its mobile dongle even easier to snap up now that Walgreens, Staples, and FedEx Office stores will have them in stock. That is more than 20,000 retail locations nationwide. Read Original Content

A NEW mobile website has been launched by Castle Quay shopping center, putting retail news and information in the palm of shoppers’ hands. Mall-to-Mobile has been developed by the center’s advertising agency Bray Leino and shoppers can be made aware of a mix of news, events and special offers via the new site as well as through Facebook and Twitter.  Read Original Content

New Zealand-based electronic payment solutions and services company, GFG Group has achieved strong revenue and profit growth for the 2012 financial year ending in March, on the back of investment in its card and mobile convergence strategy and the signing of 32 new customers across all regions.  Read Original Content

The Windows Phone OS platform has been opened to let in a cool new app that will allow users to make one-click purchases from the Amazon store. In addition, users can now scan products while out and about to see if they are cheaper on Amazon, thanks to the built in barcode scanner. Read Original Content

According to a new Gartner report, worldwide mobile payment transactions will more than double this year and is expected to show average annual growth of 42 percent for the next four years. Mobile payments tech will process $617 billion worth of commerce by 2016, Gartner predicts. Read Original Content

In a new report, Juniper predicts more than 1 in 4 mobile phone users in the U.S. and Western Europe will use their NFC-enabled mobile phones to pay for goods in stores by 2017 accounting for $180 billion in transactions worldwide. Read Original Content

Ericsson has announced its collaboration with Aconite to provide a service that securely delivers and remotely manages applications for NFC enabled mobile phones. Read Original Content

iCache Inc has announced the release of the Geode, a secure digital wallet for the iPhone 4 and 4S, which the company states to be the first of its kind, worldwide. The Geode is a device which promises to store all your credit, debit and loyalty cards in one secure platform. Read Original Content

Square and its disruptive cousins, including Intuit’s GoPayment and Swiff, make it easy for merchants to accept credit card payments using smartphones and tablets. Their simple, elegant solutions are creating a new ecosystem and accelerating mobile POS without waiting for the big players. Read Original Content

The rapid roll out of contactless credit cards and NFC-enabled mobile payments in Canada will challenge cash’s dominance by 2016, according to Research and Markets’ new report, “Canadian Payments Forecast – 2012.” 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, Mobile Strategy 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.

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