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PowerBuilder Authors: Yeshim Deniz, Chris Pollach, Jayaram Krishnaswamy, Kevin Benedict, Avi Rosenthal

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Mobile Commerce News Weekly – Week of June 24, 2012

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

Also read Enterprise Mobility Asia News Weekly

The Yankee Group estimates that the worldwide transaction value of mobile payments will total nearly $1 trillion by 2014, up from $162 billion in 2010. But then why does it seem that the only people using it are customers purchasing their double-caffe skinny lattes at Starbucks? Read Original Content

Near field communications mobile payments will exceed $180 billion worldwide in 2017, according to a May 2012 report by Juniper Research. Read Original Content

Merchant Warehouse, a leader and innovator in payment solutions, announced a partnership with VeriFone Systems, Inc. as a preferred hardware provider for the Genius platform. Read Original Content

Verivo is a leading provider of enterprise mobility software. Verivo helps companies accelerate their business results. Its unique technology empowers teams to build, deploy, manage and update their mobile apps -- rapidly and securely. Verivo’s mobility platform is used by hundreds of companies in numerous industries, worldwide. This newsletter is sponsored in part by Verivo.  To learn more, visit www.verivo.com

Mobile payments are popular among the Girl Scouts of America, allowing scouts with the know-how and resources to sell more cookies than their cash-only counterparts. Read Original Content

A recent study from Juniper Research forecasts that mobile contactless payment transactions are expected to reach nearly $50 billion worldwide in 2014 and NFC solutions will be launched in 20 countries within the next 18 months. Read Original Content

With interest growing in mobile banking, retail banks plan to invest more in mobile technologies, according to a new report by Forrester Research. The survey released June 20 showed retail banks plan to spend one-third of their total digital budget on their mobile channels this year. Read Original Content

CIBC announced it has launched powerful new text message (SMS) customer Alerts, continuing its leadership in mobile financial services. The new Alerts bring important financial information to clients to help them manage their day to day finances. Read Original Content

China Mobile, the world's largest mobile network operator with 667 million subscribers, has signed an NFC collaboration deal with China's national payments network, China UnionPay. Read Original Content

The Malaysian mobile commerce market registered a 370 percent jump in 2011 according to a Paypal Online and Mobile Shopping Insights 2011 study. Read Original Content

It looks like NFC technology could finally find itself a home, and a wider user base, in the iPhone. Prototype iPhone models that appear to support NFC suggest Apple’s next iPhone will be NFC-enabled, according to a code dump explored by 9to5Mac. Read Original Content

The 2011 PhoCusWright report When They Get There and Why They Go indicates that 63 percent of consumers intended to use their mobile devices for booking in-destination tours and activities and that 39 percent had already done so. Read Original Content

Whitepapers of Note


You can follow me on Twitter @krbenedict and read my blog, Enterprise Mobility Strategies.

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Kevin Benedict, Mobile Industry Analyst, Mobile Strategy Consultant and SAP Mentor Alumnus
Follow me on Twitter @krbenedict

Full Disclosure: I am an independent mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.

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More Stories By Kevin Benedict

Kevin Benedict is the Senior Analyst for Digital Transformation at Cognizant, a writer, speaker and SAP Mentor Alumnus. Follow him on Twitter @krbenedict. He is a popular speaker around the world on the topic of digital transformation and enterprise mobility. He maintains a busy schedule researching, writing and speaking at events in North America, Asia and Europe. He has over 25 years of experience working in the enterprise IT solutions industry.