The Mobile Money 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.
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The number of Americans using mobile devices to access financial services is growing fast. In the fourth quarter of 2010, almost 30 million Americans accessed their bank, credit card or brokerage accounts from a cell phone or tablet, up 54 percent from the same quarter a year earlier.
http://articles.cnn.com/2011-03-29/tech/mobile.banking.gahran_1_mobile-banking-mobile-financial-services-feature-phones?_s=PM:TECH
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The decreased swipe fees for debit and credit use may help promote the wide use of mobile wallets.
http://finance-commerce.com/2011/04/reduced-debit-swipe-fees-may-hasten-shift-to-phone-payments/
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A Sprint official has said that the company is moving to eventually have NFC chips inside its phones so they can be waved at the cash register for purchases, with the bill showing up on the customer's credit card statement and not on their cell phone bill.
http://www.walletpop.com/2011/04/05/mobile-payment-apps-increasing-and-so-may-your-debt/
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Isis will pilot its mobile commerce program based on NFC technology in Salt Lake City in early to mid 2012, the joint venture said recently. This venture includes AT&T, Verizon, and T-Mobile.
