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Mobile Payment

Latest Headlines

Latest Headlines

Consumers like mobile payments, not mobile wallets

Last year, Forrester predicted the U.S. mobile payment market will reach $90 billion by 2017. Given the popularity of mobile transaction apps like Square, PayPal and the recently launched Amazon Local Wallet, you'd think consumers would eat up the mobile wallet idea. But, no, it hasn't turned out that way at all.

Spotlight: Mobile payment vendor Square dives into bug bounty game

Square--which enables credit and debit card payments via smartphone--has hired prominent security researcher Dino Dai Zovi and initiated a bounty program for others to help the company identify vulnerabilities in its Square.com and Squareup.com websites.

Mobile payment malware infections are on the rise, warns Cheetah Mobile

The number of daily infected users worldwide climbed from below 12,000 in May to more than 16,000 at the end of June.

Only half of enterprises have a mobile strategy, security the biggest challenge, says report

Fifty-one percent of organizations have an enterprisewide mobility strategy in place with clearly defined initiatives, while 49 percent do not, finds an Illuminas  survey, commissioned by Cisco. The survey polled 400 mid-market and enterprise-IT decision makers.

News Scan: Muscle Milk muscles in on mobile ads; BYOD not worth the risks; more

Check out the latest mobile IT news for March 20, including how Muscle Milk is using mobile marketing and March Madness, one expert's take on BYOD for small businesses, the weak demand for I/O modules, Burger King's latest foray into mobility and why Alibaba invested in a messaging app.

News Scan: New spectrum licensing models coming; PayPal leads lackluster mobile wallet race; more

Quick rundown on the latest mobile IT news for Wednesday, 3/5 including: new spectrum licensing paradigms become more common to help out shortage, PayPal's lead in the lackluster mobile wallet market, the reign of tablets as the main reason for the success of smart connected devices in the U.K., CommScope as top wireless DAS gear vendor and the growth of the TD-LTE RAN market.

Leading UK banks sign on to Zapp mobile payment platform

Five leading UK banks – HSBC, First Direct, Nationwide, Santander and Metro Bank – have signed up to integrate Vocalink's Zapp mobile payment service into their existing mobile apps, the BBC reports.

News Scan: Surface retail partnerships; Customer-facing apps have many uses; more

Quick takes on the latest mobile IT news for Wednesday, 1/15 including: Microsoft's latest efforts to pair Surface tablets and retailers for enhanced customer experience, why customer-facing apps are gaining popularity in the enterprise, more on China's multi-billion dollar mobility market, Mercedes' stance as top in an advanced assistance systems assessment and the clear text compromise of mobile payment info for Starbucks stores.

RFID market to increase at a 22.4% CAGR through 2018, says TechNavio

The global radio-frequency identification market is forecast by TechNavio to increase at a 22.4 percent compound annual growth rate through 2018.

Mobile consumers will disrupt the financial services market, predicts IDC

Mobile consumers will be the "disruptors" in the financial services market by increasing their use of purpose-built apps that provide focused value, while minimizing their interactions with their primary institution, predicts market research firm IDC.