News about Report.
July 25th, 2014
“Nearly all mobile payments growth on Adyen’s platform in Q2 originated from smartphones,” the payments processor’s latest global Mobile Payments Index has found. “Europe leads the world in mcommerce transactions, with 22.7% of all transactions originating from a mobile device (12.4% phone; 10.3% tablet). This represents a near 40% increase from June 2013, when mobile represented 16.3% of total transactions.”
July 21st, 2014
The GSMA has published Mobile Commerce, NFC Coupons and Loyalty Acceptance, a technical proposal based on open standards that aims to provide “the tools, knowledge and methodology for mobile operators and the wider retail ecosystem…
July 21st, 2014
While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report…
July 11th, 2014
More than 1.75 billion mobile phone users will have used their device for banking purposes by the end of 2019, up from 800 million people this year, according to a new Juniper Research forecast. “Banks now regard the mobile channel as an indispensable revenue stream,” says report author Nitin Bhas. “However, with the mobile channel becoming a key customer retention strategy, it presents a great challenge to traditional institutions.”
July 10th, 2014
Sixty million Bluetooth Low Energy (BLE) beacons worth US$500m will be shipped in 2019, ABI Research forecasts. Most will be used in the commercial and enterprise, connected home and personal asset tracking sectors — rather than retail — the “BLE Tags and the Location of Things” study anticipates.
July 9th, 2014
Mobile and internet banking in the UK is now being used for transactions worth nearly £1bn a day and totalling £6.4bn a week, up from £5.8bn last year, according to an industry-wide report on how…
July 7th, 2014
Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed. Users also…
July 4th, 2014
Some 31% of Americans who use a mobile banking app access the service at least once a day and more than four in five use it once a week or more, according to new research from Bank of America. Six in 10 respondents are not yet comfortable with the idea of using their smartphone as a wallet in the future, however, the survey found.
July 4th, 2014
Almost 70% of Americans believe that EMV chip technology makes their debit and credit card transactions more secure, with only 5% feeling chip cards make their transactions less secure, a new survey released by NXP…
June 24th, 2014
There will be 5.5 billion users of mobile and wearable biometric technology around the world by 2019, according to a new report from Goode Intelligence. “We believe that smartphones and tablets will be the first…
June 23rd, 2014
A guide to host card emulation (HCE) and SIM-based NFC payments options has been produced by Consult Hyperion, in conjunction with GSMA. Each technology offers important benefits for financial institutions, HCE and SIM Secure Element: It’s not Black and White (PDF) concludes. “They should not be viewed as mutually exclusive and a combination of the approaches may be appropriate for differing applications and markets,” it adds.
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…
Morgan Stanley predicts Apple will include NFC in iPhone 6 — and NXP will supply the controller chips
May 21st, 2014
“We see growing evidence Apple will adopt NFC as a core part of its mobile payments strategy,” a new report from investment firm Morgan Stanley says — and evidence suggests that NXP has already won…
January 21st, 2014
The global market for NFC handsets is projected to reach 1.6bn units by 2018, according to a new research report from Global Industry Analysts, “driven by growing penetration of mobile phones, continued rise in demand and production of smartphones, rising penetration of NFC in consumer devices, and chip level technology developments.”
August 1st, 2013
The number of NFC phones shipped will increase 156% in 2013 to a total of 400m devices globally, according to a new report from Strategy Analytics. This means that one third of the smartphones sold…
July 24th, 2013
More than 31% of mobile developers are supporting NFC in their mobile apps today and an additional 45% plan to support the technology in the next 12 months, according to a Mobile Development Survey released…
June 12th, 2013
Just over 950m mobile phone users worldwide are forecast to use their handsets for mobile ticketing by 2018, up from 458m this year, according to a new report from Juniper Research, but NFC ticketing will…
March 27th, 2013
“NFC has reached the point of no return,” says practice director John Devlin. “It all hinged on handsets; and next year we will see half-a-billion devices in the hands of consumers as it becomes more widely integrated.”
March 12th, 2013
A new report from the NFC World team has found that Disney’s new MagicBand bracelet system provides unmissable lessons for anyone planning, implementing or supplying mobile wallet solutions.
February 26th, 2013
A social media study conducted by MasterCard and Prime Research has identified a high volume of conversation and consumer interest in adopting mobile payments — as well as highlighting a number of barriers to entry….