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    Aite Group

    News stories featuring Aite Group:

    Mobile retail commerce to reach US$1,120bn by 2020

    November 29th, 2016

    The value of global mobile retail commerce is set to reach US$1,120bn by 2020, up from US$415bn in 2016, a white paper released by Aite Group predicts. Tracing the growth and uptake of digital wallet services across the mobile and e-commerce sector, the research states that the global online commerce market will grow to US$7,114bn overall by 2020. “Successful digital wallet providers will be those that offer consumers ease of use, peace of mind (regarding security), and the ability to transact anytime and anywhere,” says Aite Group senior analyst Ron van Wezel.

    Banks ‘must consider human weakness’ to improve mobile banking security, report says

    November 14th, 2016

    Banks must consider the weakness of their own consumers’ behaviours and avoid being distracted by technical vulnerabilities when it comes to improving the security of mobile banking and payments systems, a report by Mobey Forum… More

    White paper explores the evolution of the digital wallet

    October 6th, 2016

    A 24-page white paper that explores the evolution of the digital wallet and the mobile payment landscape while mapping out the best way forward for wallet providers including banks, card networks and mobile network operators… More

    US mobile payments to hit $487bn

    May 15th, 2015

    US mobile proximity payments will rise to US$487bn gross dollar volume (GDV) by 2020, up from $7.5bn GDV this year, Aite Group forecasts. “While mobile proximity payments will grow quickly as NFC distribution becomes universal and customers begin to use the platforms,” says author Thad Peterson, “mobile commerce will drive more transaction volume than mobile proximity payments in the next five years.”

    Six in ten US terminals to support EMV chip cards by year end

    February 19th, 2015

    About 59% of US point-of-sale (POS) terminals will be EMV-enabled by the end of this year, research by Aite Group has revealed, with NFC distribution projected to “ramp at the same rate as EMV distribution,”… More

    Aite reports on US migration to EMV

    June 10th, 2014

    Some 70% of US credit cards and 41% of debit cards will be EMV enabled by the end of 2015, according to a new Aite Group report, but the majority will be contact cards rather… More

    Isis releases pilot test results

    July 31st, 2013

    Analysis by carrier-owned NFC mobile payments venture Isis of its pilot tests in the cities of Salt Lake City, Utah and Austin, Texas has found that more than 80% of transactions take place at everyday… More

    NFC news in brief • 8 Nov 2010

    November 8th, 2010

    News in brief from the NFC world and beyond: NXP CEO picks NFC • Nacha cuts out cards • P2P payments set for growth • Bharti Airtel picks up payments license • Facebook Deals a blow • Only 4% have checked out checking in. More

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