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.
Google Places NFC Chip Project Launches in Portland, OR
Yelp may be the raconteur of restaurant recommendations and Foursquare the cardinal of check-ins, but Google has an ace up its sleeve: NFC chips. The company’s embedded near-field communications chips into each and every one of these “Recommended on Google Places” window stickers, which you’ll be able to trigger with a shiny new Nexus S — just hold your handset up to the black dot, and voila, your phone gets a “tag.”
Google’s now distributing the signs on a trial basis to Portland, Oregon businesses as part of a larger Google Places kit, though it doesn’t explain how (or if) they’ll be able to program the chips. Either way, if you own a hot new joint in Portland, you might as well give it a spin. Find the sign-up form at our more coverage link, or peep a Nexus S doing its thing after the break.
via Engadget.