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.
Mobile and Online Payment Report
This report gives an overview of the mobile and online payment market.It provides the main figures for each market segment (in-store payment, carrier billing, remote online payment).
The latest market trends are analyzed, as well as the position and evolution of the main players (especially telcos and Internet players). [Read more…]
Mobile Payment Strategies Report: Opportunities & Markets 2011-2015
A new study from Juniper Research has determined that the total value of mobile payments for digital and physical goods, money transfers and NFC (Near Field Communications) transactions will reach $670bn by 2015, up from $240bn this year. These forecasts represent the gross merchandise value of all purchases or the value of money being transferred.
The new Mobile Payment Strategies report revealed that all segments will exhibit 2x to 3x growth over the next five years. This growth will be driven by the rapid adoption of mobile ticketing, NFC contactless payments, physical goods purchases and money transfers as people in both developed and developing countries use their devices for everyday transactions. [Read more…]
Mobile Industry Predictions Report: 2012
The Yankee Group has just released its free 17-page 2012 Annual Predictions Report, which looks into what the future has in store for the ever-growing mobility landscape.
Overview:
The world is in transition and in the year ahead, mobile will be both the protagonist and the subject of this instability. During the last five years, networks and the information they carry have plugged more than 2 billion new participants into the mobile economy. The winners in this landscape will be those players that can scale quickly and treat each user as a unique customer.
Report Highlights:
- The mobile gold rush is global in scale a and touches all customers. In the last five years, 2 billion new users joined the mobile revolution. Looking ahead, mobile workers and consumers will embrace tablets, mobile content and personal cloud services. At the infrastructure level, the operator imperative to monetize all-IP networks will drive investment in policy solutions.
- Asia-Pacific takes the lead in tablet sales. Yankee Group forecasts U.S. tablet sales will total 17 million in 2011 and almost 25 million in 2012. Similarly, tablet sales in all of Europe will exceed 15 million in 2011 and reach more than 26 million in 2012. And tablet sales in the Asia-Pacific region will total 20 million this year and reach almost 39 million in 2012, more than 50 percent above the U.S.
- Diameter signaling is taking off. Yankee Group has seen significant request for proposal/request for information (RFP/RFI) activity and expects spending on IP-based Diameter signaling to more than double between 2011 and 2012—growing from U.S.$22 million to U.S.$45 million. And overall, we see the market mushrooming to U.S.$212 million in 2015, for a whopping CAGR of 57.2 percent.
- Personal cloud services are hitting the high-growth phase. We forecast 17 percent of professionals with three or more devices will adopt a personal cloud service for online storage, backup and synching.
- Economic woes threaten operators. Western European operators will see churn increase from approximately 2.3 percent per month today to 2.4 percent by the end of 2012, despite operators’ ongoing efforts to migrate customers to postpaid services and long-term contracts linked to new smartphone purchases. The world is in transition and in the year ahead, mobile will be both the protagonist and the subject of this instability. During the last five years, networks and the information they carry have plugged more than 2 billion new participants into the mobile economy. The winners in this landscape will be those players that can scale quickly and treat each user as a unique customer.
For more information and to download the report: 2012 Annual Predictions Report: Mobile
Mobile 2.0 Silicon Valley: Sept. 1, 2011, San Francisco, CA
MOBILE 2.0 Silicon Valley brings together experts and thought leaders from all aspects of the mobile ecosystem, including startups, investors, mobile carriers, device manufacturers, and mobile application developers and web technologists.
The MOBILE 2.0 Conference is a one day event to be held on September 1, 2011. This Year, The Mobile 2.0 Organizing Committee proposes to examine the impact of an “Always On, Always Connected” Mobile World. We will hold a morning plenary session with a series of panel conversations, followed by interactive workshops in the Afternoon.
Mobile 2.0 Silicon Valley is all about giving the audience the opportunity to learn, network and voice their views.
Agenda
“ALWAYS ON, ALWAYS CONNECTED — WHAT ARE THE CONSEQUENCES?”
08:00-09:00 REGISTRATION AND COFFEE
8:45-9:00 Welcome: Mobile 2.0 Coordinating Committee: Gregory Gorman, Tony Fish, Dan Appelquist
9:00-12:30 PLENARY SESSION & PANELS
09:00-09:15 Whose In the Driver Seat in Mobile?
Larry Berkin, Mobile Evangelist, Former, SVP, Symbian Foundation
09:15-10:05 Panel #1 What Will Change in A MultiScreen World? Native App vs Web?
Marc Davis,Partner Architect, Microsoft, Olof Schybergson, CEO, Fjord, Adam Boyden, President, Conduit, Michael Mace, CEO, Cera Technology
10:05-10:20 Surprise Startup
Interviewed by John Malloy, BlueRun Ventures
10:15-10:45 Coffee Break
10:45-11:35 Panel #2 Is The Cost of Innovation Changing? Can Small Companies Still Compete?
Mike Rowehl, Co-Founder, Churn Labs, Jeff Haynie, CEO, Appcelerator, Ted Verani, SVP, Trilibis Mobile, Raam Thakrar, Co-Founder, Touchnote
11:35-11:50 Surprise Startup
Interviewed by Michel Wendell, Nexit Ventures
11:50-12:40 Next Generation Advertising: What Are the New Models?
Michael Rubin, Executive Director, AT&T Interactive, Blair Swedeen, VP, Placecast, Dorrian Porter, CEO, Mozes, Evan Tana, VP, Shopkick
12:40-13.30 LUNCH
Steve Bratt, CEO, World Wide Web Foundation – Mobile Entrepreneurship in Africa
1:30-5:00 BREAKOUT SESSIONS
13:30-3:00
Workshop A: Next Generation Advertising. What Are The New Models?
Workshop Leaders: Evan Tana, Shopkick, Colm Grealy, Digital Reach, Eric Chan, Embee Mobile, David Kurtz, AT&T Interactive. Commentator: Christian Petersen, Cloudmade
Workshop B: What Developers Should Know About Monetization, Marketing and Analytics
Workshop Leaders: James Parton, Telefonica, Michael Oiknine, Apsalar, Peter Vesterbacka, Rovio, Larry Berkin, Steve Manning, Opera. Commentator: Sheena Chandrok, MoMo Seattle
Workshop C: Building Great Apps Using Mobile Web Standards
Workshop Leaders: James Pearce, Sencha, Matt Womer, W3C, Dan Appelquist, Vodafone, Commentator: Enrique Ortiz, MoMo Austin
3:00-3:30 Coffee Break
3:30-5:00
Workshop A: Multiscreen World/Native vs Web
Workshop Leaders: Phil Lenton Compsoft Plc, Ben Keighran, Chomp, Mario Tapia, Mobile Monday, Silicon Valley, Adam Boyden, Conduit. Commentator: Raj Singh, Mobile Guru
Workshop B: Cost of Innovation: Can Small Companies Still Compete?
Workshop Leaders: Mike Rowehl, Churn Labs, JT Buffmire, Sprint Emerging Solutions Group, Raam Thakrar, Touchnote, Jeff Haynie, Appcelerator. Commentator: Juha Christensen, Partner, Progression Partners
Workshop C: How to Design for Context in Mobile
Workshop Leaders: Olof Schybergson, Fjord, Peter Marx, Qualcomm. Commentator: Brian Fling, Pinch/Zoom
5:00-5:30 Thoughtful challenge : Soft SIM and the implications for breaking the Visa/Mastercard duopoly
5:30-6:00 Last Words, Wrap-up
6:00-7:30 COCKTAIL PARTY!!
For more information and registration: Mobile 2.0 Silicon Valley
UK Mobile Operator Joint Venture Critical for Success in NFC Mobile Payments
The newly announced mobile marketing and mobile payments joint venture between Everything Everywhere, Telefonica O2 and Vodafone in the UK is a positive move, and will enable these mobile operators to secure a position at the heart of the nascent NFC contactless payments ecosystem, according to a new report by Strategy Analytics , entitled “Collaboration Essential to Operator Success in Proximity Payments.” The report underlines the importance of successful mobile operator partnerships to reduce fragmentation, boost scale, and help position strongly against competitors, such as Google Wallet. [Read more…]
UK Mobile Companies Plan Mobile Payment Joint Venture
The U.K.’s three biggest wireless operators said Thursday that they would create a mobile-payment joint venture, entering the high-stakes scramble among wireless operators, tech firms and credit-card companies to popularize a way of making purchases with the wave of a cellphone.
Vodafone Group PLC, Telefonica SA’s O2 and Everything Everywhere said their new venture would create a “mobile wallet,” which cellphone owners can wave in front of censors to pay for goods. It also aims to establish a central portal for advertisers to deliver discounts and loyalty offers to participating U.K. cellphones. [Read more…]
Major Mobile Operators Worldwide Announce Commitment to NFC Technology
Many of the world’s leading operators, including América Móvil, Axiata Group Berhad, Bharti, China Unicom, Deutsche Telekom, KT Corporation, MTS, Orange, Qtel Group, SK Telecom, Softbank Mobile, Telecom Italia, Telefónica, Telekom Austria Group, Telenor and Vodafone, have voiced their commitment to implementing Near Field Communications (NFC) technology, and intend to launch commercial NFC services in select markets by 2012.
“NFC is perhaps best known for its role in enabling mobile payments, but its applications go far beyond that,” said Franco Bernabè, Chairman, GSMA and CEO, Telecom Italia. “NFC represents an important innovation opportunity, and will facilitate a wide range of interesting services and applications for consumers, such as mobile ticketing, mobile couponing, the exchange of information and content, control access to cars, homes, hotels, offices car parks and much more.”
The market potential for NFC is significant—according to Frost & Sullivan, the total payment value for NFC globally will reach more than €110 billion in 2015 – and momentum behind the technology is growing rapidly. To address this opportunity and to provide valuable new services to mobile users worldwide, the operator community is focused on driving the standardised deployment of mobile NFC, using the SIM as the secure element to provide authentication, security and portability.
To achieve this, the GSMA will develop the necessary certification and testing standards to ensure global interoperability of NFC services. This interoperability is critical to the widespread adoption of NFC, enabling users to benefit from NFC services around the world, regardless of operator network or device type.
“As we have seen, the adoption of different approaches to NFC will only serve to fragment the market,” continued Bernabè. “By uniting around a single standardised approach to mobile NFC and by collaborating across the entire ecosystem, our industry will continue to develop the compelling services that customers demand.”
via World’s Leading Mobile Operators Announce Commitment to NFC Technology ~ GSM World.
MasterCard and Telefónica Announce Mobile Banking Initiative for Latin America
MasterCard and Telefónica have announced a joint venture in the development of mobile financial solutions in twelve Latin American countries where Telefónica is present with the Movistar brand.
What is unique about this initiative is that it partners a payments company and a telecommunications company partner to create a new entity focused on integrating mobile phones and a financial solutions that will work with existing electronic payment systems. [Read more…]
Mobile Payments Research Report 2011: Battle in a Fragmented Market
Research and Markets has announced the addition of the “Mobile Payments – A Battle of Giants in a Fragmented Market” report to their offering.
This study spotlights the mobile payment market, provides details about the related services and their technological aspects, analyses the usages and the industrial structure with a drawn of the value chain. The report makes an in-depth look in examining several business models – for NFC, SMS, Fixed/mobile wallet & App Stores – their impacts and upcoming opportunities.
Key Questions
- What are the different mobile payment services and which technologies are being used?
- Who is using M-payment and how do they use it?
- How are this emerging market and its value chain structured?
- What are the existing business models and who is the furthest along with their deployments?
- What are the market’s key figures and what are the main forces driving development?
- What does the competition landscape look like?
- What sustainable opportunities are available to the different kind of players?
Key Topics Covered:
- 1. Executive Summary
- 2. Introduction
- 3. Market structure and key factors
- 4. Organisation & Industrial Strategy
- 5. Strategic analysis
- Tables
- Figures
Companies Mentioned:
- Amazon Mobile Payments
- American Express
- Apple
- BarclayCard
- Billing revolution
- Boku
- Carrefour
- Deutsche Telekom
- Gemalto
- McDonald
- MoBeePay
- NFC
- Nokia
- NTT docomo
- Obopay
- Orange
- PayPal
- PTC
- Sprint
- Starbucks
- Subway
- Telecom Italia
- Telefonica
- Venmo
- Verifone
- Visa
- Zong
More information: Research and Markets
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