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April 05, 2011

2010 Federal Reserve Payments Study

FedThe Federal Reserve has publicly released the 2010 Federal Reserve Payments Study that reveals "in greater detail increasing adoption of electronic alternatives for payments in the United States by consumers, businesses and governments. The study examined payments made between 2006 and 2009." READ MORE »

Isis Prepares for Initial Mobile Payments Market Pilot

Isis logo Isis, the joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, has announced it will pilot the Isis mobile commerce program in Salt Lake City in early- to mid-2012. "Isis has also entered into an agreement with Utah Transit Authority (UTA) to make the entire UTA transit system Isis-enabled, marking the deployment of Isis as the first commercially available mobile transportation fare payment program in the U.S."

In related news, Bloomberg is reporting that Sprint will beginning deploying a competing NFC-based mobile payments solution later this year.

First Data and SK C&C USA Launch Trusted Service Manager (TSM) Solution

First data logo 140pxFirst Data and SK C&C USA, a pioneer in mobile commerce technology, have announced the commercial release of a Trusted Service Manager (TSM) solution.

The comprehensive First Data TSM solution is now available for enablement of Near Field Communication (NFC) devices for issuers, merchants and mobile network operators (MNOs) looking to quickly prepare consumers for the fast approaching mobile payment reality through the most scalable, cost-effective and secure service available today.

BilltoMobile Deployed With Multiple New Merchants

BilltoMobile logoBilltoMobile has announced it will provide its exclusive Direct Mobile Billing platform for carrier billing to a new group of diverse companies, including Aeria games, Flirtomatic, Gala-Net, Lavalife.com, and Xtranormal. BilltoMobile is the only mobile payments company with direct connections to the top three U.S. mobile carriers -- AT&T, Sprint and Verizon Wireless -- providing merchants with access to 240 million wireless subscribers.

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