Category Archives: Telecommunications

Amazing read on Apple’s long-run strategy to challenge the financial industry after bending telecom carriers.

MPD CEO Karen Webster walks thru Apple’s mobile carrier playbook over the last 8 years and draws some interesting parallels to its entry into mobile payments. Source: Are Banks At Risk Of Losing Out To Apple Pay? | PYMNTS.com

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Kenya dominating global mobile payments industry, posing monopolistic threat: World Bank

A déja-vu in telecoms? A recent study by the WB rises the main concern for the future of mobile payment networks: monopolistic power may hinder development of interoperability and hence limit competition. via Kenya dominating global mobile payments industry, posing … Continue reading

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Financial industry announces guidelines for mobile payments in Canada

Major initiative launched by the bank industry in Canada to set standards to start introducing NFC-based technology into mobile payment procedures. Canada has certainly taken a brave lead in the global market place. Lots of discussion to follow, especially with … Continue reading

Posted in Banking, Canada, emoney, Interoperability, merchants, Mobile payments, NFC, Telecommunications | Tagged | Leave a comment

Europe Commission launches probe into mobile payments joint venture

The EC has just launched a probe into mobile payments joint venture to determine possible impacts on competitive conditions. The JV under review is formed by Everything Everywhere, O2 and Vodafone. via Mobile Today | Europe launches probe into mobile payments … Continue reading

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Mobile firms bleed billions to fraud and bill errors

An interconnected world comes with its risks. this article highlights one of the biggest challenges for the future of the digital society, as fraud becomes more prevalent with more parties involved in the interconnection chain. It also implies a renewed … Continue reading

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Growth of Mobile Commerce Infographic

via Growth of Mobile Commerce Infographic.

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» iPhone 5, NFC & iWallet – Pick Any Two Drop Labs

If you thought that the NFC chip was a done deal to be incorporated to the iPhone 5, don’t start shredding your plastic cards just yet… Here’s a deep analysis as to why there are lots of reasons why Apple may choose to avoid … Continue reading

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