Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   Advertise   About         SUBSCRIBE:

« February 27, 2012 | Main | March 1, 2012 »

February 28, 2012

Payments Views - BOKU Jumps Into The Mobile POS Skirmish

GP Logo Horizontal 140pxOver on Payments Views, our sister blog, Glenbrook's Russ Jones explores BOKU's entry into the mobile POS skirmish.
We recently sat down (virtually) with BOKU to learn more about how the company views the mobile payments market and where BOKU Accounts fits in the emerging mobile POS landscape. What follows is a summary of what we learned and our reaction to the their strategy and approach.

BOKU's announcement is here; our analysis is here.

First Data OfferWise Solution to Streamline Offer Redemption Process at POS

First data logo 140x60px First Data has announced the availability of First Data OfferWise, a new open platform that dramatically simplifies the offer redemption process at the POS for consumers and merchants.
The First Data OfferWise solution allows offer publishers to electronically attach offers such as deals, eCoupons and loyalty programs to one or more of a consumer’s payment cards or mobile wallet to enable streamlined and automatic redemption of the offer at the point of sale (POS). First Data is currently piloting its OfferWise solution with dozens of merchants and it will be made available to its more than four million U.S. merchant locations.
OfferWise leverages on a "breakthrough API" developed by CardSpring that allows developers easily integrate their own offers and promotions into the OfferWise solution.

Oberthur to Acquire Mobile Money Provider MoreMagic

Oberthur logo 140x60pxOberthur Technologies has entered into agreement to acquire MoreMagic Solutions, a mobile financial services solutions provider, based in Waltham, MA.
Xavier Drilhon, CEO of Oberthur Technologies: “The acquisition of MoreMagic is fully in line with our growth strategy notably in our Solutions business and more specifically in the NFC eco-system. The complementarities between our respective technological bricks and Oberthur Technologies’ TSM expertise will perfectly fit the needs of our clients, in both mature and developing countries.”

This acquisition remains subject to the consultation of employees work council and other customary approvals, including from relevant antitrust authorities.

JP Morgan Chase 2012 Investor Day Presentations

JPMorganChase logo 140pxJP Morgan Chase held its 2012 Investor Day in New York City today with presentations given by Jamie Dimon, Chairman and Chief Executive Officer, and members of executive management. Copies of the presentations are available online, including one on Chase's credit card business (PDF) given by Gordon Smith.

Amdocs Launches Cloud-Based Mobile Payments Solution

Amdocs logo 140x60pxAmdocs has announced the launch of Amdocs Mobile Payments, a new solution that offers consumers the convenience of charging purchases directly to their mobile phone bill, prepaid balance or mobile wallet.
"Today's shopping experience is increasingly mobile and consumers prefer the convenience of mobile payments settled on a carrier bill rather than disclosing their credit card details to unknown retailers," said Brian Shepherd, Amdocs division president. "Mobile payments using prepaid balance are often the most attractive payment option for young and unbanked consumers who want to participate in the digital economy. Mobile network operators are uniquely positioned to take advantage of their billing relationships with their consumers to enable them to do more in the connected world."


News View

Payments Consultants