Welcome to the News View for "Mobile Technology".
Here, on these archive pages, you'll find all of the articles on Payments News for Mobile Technology listed in date sequence beginning with the most recent article at the top of the page.
Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.
Over on Payments Views, Glenbrook's Russ Jones blogs about "Who Knows What In Payments?" and the explores whether or not the targeting of ads and offers can be enhanced with insight from payment transaction data. He also looks at what mobile wallets will know about the consumer's purchase behavior.
Clingle has announced the launch of Clingle Gifts, a feature that lets users to send gift cards instantly from an iPhone while attaching a personalized video, audio or text message.
“We’ve taken check-in technology one step further by incorporating the spontaneity and creativity that comes with surprising a friend or loved one,” said Sonpreet Bhatia, co-founder of MyCityWay, the company behind Clingle. “The new gifting feature allows users to leave a thoughtful gesture at the right place at the right time, but with a far more personal twist. As a first of its kind mobile ‘thank you,’ the recipient can send a cling with a multimedia message, such as a picture of what they purchased with the gift card, as opposed to a traditional email or phone call.”
On the web:
On the wires:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
On the web:
On the wires:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
C-SAM has announced it has licensed its wallet management platform and software development kit (SDK) to Isis to support the Isis Mobile Commerce Platform. "The C-SAM platform will enable Isis to offer smartphone users a comprehensive mobile wallet for conducting secure near-field-communication (NFC) transactions related to payments, rewards, coupons, tickets, transit and other services."
NXP Semiconductors, AuthenTec, and DeviceFidelity have announced they are jointly developing reference designs that enable highly secure mobile payments via Android-based phones through the use of fingerprint biometrics and near field communication (NFC) technology. "Reference designs created by the companies are expected to help mobile phone OEMs and wireless carriers address the growing demand for NFC-capable smart phones."
On the web:
On the wires:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Naratte, a Silicon Valley-based start-up, has announced that it can provide the benefits of near-field communication (NFC) with ultrasonic technology by using using the speaker and microphone already found on mobile devices.
This new technology, called Zoosh™, is highly engineered software that communicates in frequencies that are inaudible to humans, but are used in nature by frogs, dolphins and other animals. With one software update, an App can now become Zoosh-powered to securely transfer data between millions of devices already in use by consumers.
Works across devices, works on both smartphones and flip phones, etc. Watch the video for an overview of Zoosh in various application scenarios.
AisleBuyer has announced that it has added card capture technology to its roster of mobile retail solutions.
"Card capture is a natural extension of our mobile self-checkout strategy," said Dan Preston, CTO of AisleBuyer. "By enabling payments through computer vision technology, retailers have an easier way for customers to pay, thus increasing customer satisfaction with the shopping experience."Once a card has been scanned, software extracts the card data and pulls it into a secure form where it can be submitted as a CNP payment for an in-store or online purchase.
On the wires:
On the web:
Recent white papers:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Zenius Solutions has announced the "world’s first universal NFC Transactions Suite, a modular set of frameworks and applications that facilitate rapid NFC deployment." The Suite features a re-brandable electronic wallet and Zenius Open-loop MasterCard, Visa, American Express and Discover applets. The website is www.zenius.com.
Headline News is compiled by Glenbrook Partners:
Note: Throughout the day, as we spot interesting developments, this post is updated.
Headline News is compiled by Glenbrook Partners:
Note: Throughout the day, as we spot interesting developments, this post is updated.
U.S. Bank and Visa have announced they are partnering with DeviceFidelity, FIS and Monitise to introduce a mobile POS capability for Visa payWave contactless payment terminals.
Issued by U.S. Bank, a DeviceFidelity In2Pay™ microSD is inserted in the customer’s mobile phone or within a specially-designed iPhone case (In2Pay iCaisse™). Visa and DeviceFidelity recently introduced the patent-pending In2Pay microSD based mobile contactless technology and the associated In2Pay iCaisse solution. FIS and Monitise developed the application that enables customers to make mobile purchases and access account information as part of the U.S. Bank pilot.The solution conforms to the industry standard for memory cards, microSD, and fits into the memory card slot found in many existing mobile devices.
Headline News is compiled by Glenbrook Partners:
Note: Throughout the day, as we spot interesting developments, this post is updated.
Mitek has announced a new app that lets users pay bills with their smartphone camera.
After establishing online-bill-payment arrangements as part of their banking account, users of Mobile Photo Bill Pay can initiate e-bill-payment sessions on their smartphones, then simply snap photos of the bills they want to pay, verify the payment information and click on the app's "PAY" button.The app eliminates the hassle of users setting up information for individual payee accounts because Mitek technology extracts the data from the photo image and automatically provides it to the financial institution's bill-processing system in the required format.
First Data and SK C&C USA have announced a strategic global partnership to bring mobile commerce services to the US and eventually worldwide. SK C&C has successfully provided services to securely provision mobile phones with card data in the South Korean market since 2002.
The SK C&C TSM platform will enable First Data’s financial institutions and merchant customers to securely and efficiently issue payment cards, including credit and debit cards, prepaid and gift cards to the mobile device. Services offered by the partnership are expected to be commercially available in Q1 2011 in the US.
Visa Europe recently announced that it is launching Europe’s first microSD-based mobile payment systems in Turkey with its technology partner, DeviceFidelity, and Akbank, one of Turkey’s leading retail banks.
Mary Carol Harris, Head of Mobile, Visa Europe said: "One of the key challenges to the success of mobile payments is the supply and availability of NFC handsets. Until a majority of mobile handsets offered in the market are supplied with integrated NFC, Visa is proactively working with innovators like DeviceFidelity and pioneers such as Akbank to harness the potential of new technologies. These solutions make the future of payment real today and are key to accelerating mobile payments in Turkey and across Europe."In related news, Oberthur Technologies announced increased demand for its contactless sticker product, FlyBuy Sticker, with banks and issuers throughout the United States.
Cardmobili has announced the launch of a free application for consumers that it says "takes advantage of cloud computing infrastructure to unburden consumers from carrying physical loyalty, membership, rewards and association cards and makes them available on their mobile phone. Cardmobili’s smart application aligns merchants and consumers with personalized communication, heightened services and greater control and ease of managing all types of card affiliations and programs through one central device."
READ MORE »
Citi Cards has announced a new location-based mobile application called Citi Shopper that delivers "local offers and deals, compares prices, provides maps to nearby retailers, as well as reminds Citi cardmembers of offers and benefits specific to their Citi credit cards." The application was built by GPShopper and is available on the iPhone, Blackberry, Android and via browser.
In addition, Citi is making available MasterCard PayPass stickers that can be affixed to the back of mobile phones for contactless payments - and will also be providing a PayPass locator application to help cardholders find PayPass-accepting merchants. READ MORE »
ARM and Giesecke & Devrient (G&D) have announced a strategic partnership for the development of highly secure mobile phone platforms. According to the two companies, "through the combination of ARM TrustZone technology, which creates a protected area in advanced systems-on-chip, and the highly secure Mobicore operating system developed by G&D, sensitive applications such as electronic payment and online banking via mobile phone will be efficiently protected from security threats. As a first step the two companies will develop a joint prototype." READ MORE »
Gemalto has announced that it has acquired Valimo Wireless, a mobile authentication company based in Helsinki, Finland. The terms of the transaction were not disclosed.
According to Gemalto, "Valimo has pioneered the use of two-channel, two-factor authentication based on Public Key Infrastructure (PKI), combining an over the air platform (OTA) with a software client in the SIM to generate a legally binding electronic signature, any time, any place. Valimo enables mobile phone users to securely authenticate themselves, digitally sign documents and confirm legally binding transactions simply by entering a self-chosen passphrase or a PIN code. Valimo Mobile ID solution facilitates secure online banking, mobile payments, governmental services, electronic and mobile commerce, and identity and access rights management for enterprise applications." READ MORE »
INSIDE Contactless has announced it is making its Open NFC™ commercial-grade NFC protocol stack available in a free and open source edition under the Apache™ License, Version 2.0. According to the company, "INSIDE’s Open NFC 3.4 is available now for WinCE 6.0 (compatible with Windows™ Mobile 7) and Linux 2.6 platforms, and an Android™ implementation will premier with the planned release of Open NFC 3.5 at the end of March." READ MORE »
Arcot has announced a new EMV authentication solution for cardholders to authenticate "Card Not Present" transactions using their mobile phones. According to the company, the new solution -- ArcotOTP -- lowers the cost of providing EMV authentication and increases the convenience for cardholders on the go. READ MORE »
Morgan Stanley has published a comprehensive look at the Mobile Internet, now available for online download in three components. They write:
We decided to create The Mobile Internet Report largely in PowerPoint and publish it on the web, expecting that bits and pieces of it will be cut / pasted / redistributed and debated / dismissed / lauded. Our goal is to get our thoughts and data into the conversation about what may be the biggest technology trend ever, one that may help make us all more informed in ways that are unique to the web circa 2009, and beyond."
One of the use cases that NFC fans like to discuss is the smart poster - where a mobile handset can pickup information by simply being held in close proximity to an NFC "button". With not a lot of NFC-equipped handsets in the market yet, this isn't a use case that's very actively used. We wait for NFC.
Along comes an alternative technology. Today, Google announced it was beginning a local marketing effort called "Favorite Places on Google" that is based on 2D bar code technology which, as it turns out, can also be read by mobile handsets using their on-board cameras and an on-board application. Google calls this "a new effort to send window decals to over 100,000 local businesses in the U.S. that have been the most sought out and researched on Google.com and Google Maps."
Recently, Starbucks decided to use 2D bar code technology to bridge between mobile handsets and its POS systems for payment. Are we seeing a theme develop here?
What do you think? Add your comment here!
FirstPartner, a UK-based research firm, has published a 2009 mCommerce Market Map. According to FirstPartner, "the market map provides an overview of the mCommerce solution market, its value chain and the ecosystem." An evaluation version is available in PDF form - watermarked and with printing disabled. A fee version is also available without the watermark and with printing allowed.
41st Parameter says it is "forecasting increased mobile channel cybercrime and decreased effectiveness of traditional anti-fraud tactics, attributed to the rapid adoption of new mobile handsets and multiple operating systems. According to a November 2009 consumer study of U.S. mobile phone users, 18.9 percent of mobile consumers now use a smartphone, and an additional 49.2 percent plan to purchase an advanced mobile device within the next two years. Last week, Gartner reported smartphone sales in 3Q09 grew 12.8% year over year, reaching 41.1 million units." READ MORE »
Transparent Financial Services (TransFS) has announced the launch of its TransFS Card Terminal, "an iPhone app that provides businesses with credit card acceptance capabilities in virtually any location. TransFS Card Terminal™ is the first iPhone app of its kind to be free of cost and provide complete freedom of choice in credit card processor selection." TransFS has also made the source code of the application available as open source software. READ MORE »
Annually at the Web 2.0 Summit for the last several years, Morgan Stanley's Mary Meeker has given a presentation on her views about the market as well as the most interesting trends in technogy, Internet, etc. This year's presentation was given yesterday in San Francisco and is available online. If you're at all interested in what's happening with mobile, Meeker's slides are a must read!
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