Mobile Communications International April 2012
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Analyst firm Juniper Research reckons more people will be using mobile apps for banking than web-based options by 2019, as the 800 million people who used their phones for banking more than doubles to 1.75 billion in five years.
Christian von Hammel-Bonten, EVP Telecommunications at Wirecard, talks to Telecoms.com at MWC2014 about payment acceptance and processing and the adoption of NFC and the challenges ahead.
Milan Gauder, Group Head of Emerging Payments, Europe at MasterCard, talks to Banking Tech at MWC2014 about mobile payments incorporating NFC and in-app payments. Both technologies have the opportunity to revolutionise commerce, he says.
Brazilian banking group Bradesco is planning to roll out NFC mobile payments across Brazil by summer 2014, through a partnership with mobile operator Claro and SIM card provider Giesecke & Devrient.
While we await a sensible use of the IoT, we are, for now, seemingly revelling in this brand new phenomenon that has, in fact, been bounced around for a couple of decades. Yep, that’s right, you may or may not know, but the notion of the Internet of Things isn’t new!
The birth of mobile, followed by smartphones and then tablets, which provided telecoms providers with their biggest boom in a century, now poses a threat to their growth and stability. This threat comes from the latest development in the smartphone story: communication apps.