Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.
DeviceFidelity
DeviceFidelity solution suite works by simply plugging into a customer’s mobile device. Issuers don’t need to change a thing, allowing them to offer a simple contactless function to their customers.
Once activated, the customer taps any merchant’s contactless terminal with the phone. Transactions are conducted and approved over existing contactless networks utilizing the networks approved standards. Issuers can rely on their preferred networks for security, speed and reliability.
The entire user experience is controlled by the issuing financial institution and allows the issuer to offer value added services on top and connected to the contactless function.
Open Application Platform
DeviceFidelity provides a portable application distribution platform that is designed to integrate with current and future issuer applications.
- Open API for application integration.
- Simple web based design for platform independence.
- Updateable through mobile web or PC.
- Fully customizable user interface.
More information: DeviceFidelity
MoreMagic Solutions
With deployments in more than 60 countries worldwide, MoreMagic Solutions offers transaction platforms for mobile operators, financial institutions, content providers, and distributors, enabling consumers to purchase goods and services on demand using a mobile phone, POS, or web.
The MoreMagic Solutions high-throughput mobile commerce and services (MCS) platform and pre-packaged applications in the MagicSuite portfolio enable revenue-generating services, including mobile recharge (m:TopUp) and mobile money transfer (m:Wallet), both domestic and international; mobile banking; bill payment; and mobile commerce; with integration into diverse network environments, languages, and currencies. Through MoreMagic Solutions’ worldwide distribution network connected to the MoreMagic Global Financial Services Hub (MagicHub), mobile operator branded services are available for out-of-country customers, enabling communications with relatives back home, and increased usage on mobile networks worldwide.
As an applications service provider, MoreMagic delivers its mobile payment solutions in a secure, hosted, and fully managed environment.
More magic is headquartered in Waltham, MA.
MoreMagic Solutions, Inc.
221 Crescent Street Suite 302
Waltham, MA 02453
Investors
- Battery Ventures
- Vision Capital
- Liberty Mutual
More information: MoreMagic
Bango
Bango provides technology that powers commerce for businesses targeting the growing market of internet enabled mobile phone users.
Bango’s products collect payment from mobile users for on-line content and services, and provide accurate analytics for mobile marketing campaigns and sites.
Leading brands as well as thousands of smaller content providers and developers use Bango products to run their mobile businesses.
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NewNet Communications Technologies
NewNet Communication Technologies, LLC provides software and services supporting innovative mobile multimedia content delivery, secure transaction processing, and wireless network infrastructure to leading telecom operators worldwide.
NewNet solutions are installed in major carrier networks in over 70 countries, powering a broad range of revenue generating applications and services. NewNet’s products and services enable carriers and telecom equipment manufacturers to enrich the mobile subscriber’s experience.
NewNet is headquartered in the USA, with sales and support teams located around the world.
More information: NewNet Communications Technologies
Hypercom
Hypercom creates secure electronic payment and digital transaction technologies, used in more than 130 countries to conduct electronic transactions every day.
The company’s products are used in many of the world’s largest retail stores, they are used by single, multilane and mobile merchants, and by companies in the financial, transportation, petroleum, self-service, healthcare, prepaid and many other markets.
Hypercon’s products range from countertop and mobile card payment terminals and PIN entry devices to network access products and integrated server-based payment systems that consolidate, manage and route transactions for the retail, petroleum, ticketing and parking sectors. The company is a leading suppliers of e-health terminals for new electronic health cards, and self-service payment devices for mass transit rail ticketing, road tolls and parking meters, vending machines, kiosks, petrol forecourts and more in Europe, the Middle East, Asia Pacific and North America.
The company was founded in 1978, in Australia, and is a founding member of the Secure Vendor POS Alliance (SPVA), and is headquartered in Scottsdale, Arizona.
Top Management
- Philippe Tartavull, Chief Executive Officer and President
- Tomas B. Sabol, Chief Financial Officer
- Henry Gaillard, Senior Vice President, Global Operations
- Will Rossiter, Vice President, Global Marketing
- Scott Tsujita, Senior Vice President, Finance, Treasury, Investor Relations
- Douglas J. Reich, Senior Vice President, General Counsel, Chief Compliance Officer, Corporate Secretary
NYSE: HYC
More information: Hypercom
via Hypercom: Delivering Secure End-to-End Electronic Payment Products, SW Solutions & Services.
Paybox
Paybox Solutions AG (“paybox”) provides mobile payment enterprise solutions. Founded in 1999, Paybox was the first to launch mass-marketable mobile payment solutions in five European markets. In 2005, Paybox was rated by industry experts as having the broadest mobile commerce offering worldwide.
Paybox patented technology has proven technical and operational reliability with high overall service availability. Used by leading global service companies and by over two million end users and 15,000 merchants, Paybox enterprise solutions are deployed across Europe, Latin America and the Middle East.
PAYBOX Services has been present in the e-commerce market since 1999 with its PAYBOX SYSTEM, a virtual electronic payment terminal, specially designed to accept online payments.
A multi-channel solution: E-commerce / Distance selling / Local payments (physical electronic payment terminals)
Apart from e-commerce, PAYBOX Services has developed a secure platform for processing electronic payments from a range of sales channels (call centers, data input centers, WAP or i-mode, interactive voice servers and complex processing on e-commerce sites).
In 2006, PAYBOX Services added processing of payments from physical payment terminals connected via IP (ADSL / GPRS).
PAYBOX Services is now the first “multi-bank” Payment Service Provider to offer a comprehensive approach to processing payments from distance selling, providing a service linked to the whole banking landscape and non-bank card issuers.
More information: Paybox
Critical Path Software
Critical Path Software is a mobile application development company, based in Portland, Oregon, built on a foundation of pioneering the growth of new technologies since 1991. The company was one of the first developers to create mobile experiences for the iPhone, Android and Windows Phone 7 platforms.
Critical Path Software has helped create mobiles apps in categories such as lifestyle, shopping, health and fitness and travel.
eBay announced acquisition of Critical Path Software in December, 2010.
HID Global
HID Global provides solutions that deliver secure identity for millions of customers around the world.
Recognized for quality, innovative designs and industry leadership, HID Global is the supplier of choice for OEMs, system integrators and application developers serving a variety of markets, including physical and logical access control, card personalization, eGovernment, cashless payment and industry and logistics. Headquartered in Irvine, California,
HID Global has over 1,500 employees worldwide and operates international offices that support more than 100 countries. HID Global is an ASSA ABLOY Group brand.
More information: HID Global
PayByMobile Company Profile
PaybyMobile is a text-to-pay mobile payment service for online purchases.
Customers load funds into the mobile wallet. Funds can be loaded where mobile top-up is sold–online, in store and at the ATM. (Users must request PayByMobile top-up, as it is not connected to the mobile phone bill).
When shopping online at select websites, customers select the payByMobile option at checkout.
No further input is required as a payment code, unique to the customer’s shopping basket is published at the online checkout. To pay, customer then texts that code to payByMobile on 51525.
PayByMobile Limited is registered in UK company no. 05775144 and in Ireland, branch no. 905993
HQ: The Digital Depot, Thomas Street, Dublin 8, Ireland.
More information: PayByMobile
Eagle Eye Solutions
Eagle Eye Solutions designs, develops and implements mobile based, retail marketing solutions for both B2B and B2C audiences. Products are offered in the following categories:
Mobile Gifting allows the sending of mobile vouchers from one customer to another customer using the internet, SMS messaging and Eagle Eye Solution’s patent pending mobile voucher redemption technology. The solution follows the same business rules as the issue and redemption of traditional gift vouchers. If you use normal vouchers you need mobile voucher.
Mobile Ticketing allows you to supply and distribute tickets for venues and events via mobile phone. Each ticket can be unique, redeemable only once and have a limited life span.
Mobile Loyalty allows you to create a loyalty scheme that individuals can manage through their mobile phones. Loyalty vouchers and special offers can be distributed by mobile phone whilst collecting loyalty points can be facilitated through the existing mobile voucher redemption network.
Mobile Marketing allows you to supply unique marketing messages to your users. These messages can be purely advertising based or can contain a unique call to action (eg money off vouchers or special offer vouchers). Each voucher can be tracked from deliver to redemption.
The company is based in the UK.
More information: Eagle Eye Solutions
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