Isis Sees Mobile Payments Succeeding Through Partnership
Formed through the partnership of three of the four largest mobile phone operators in the United States, the recently-announced Isis payment network could be the first successful attempt at getting domestic cell phone customers to ditch plastic and start paying with their phone.
Smartphone Manufacturers Commit to NFC, but Will Banks?
With Google CEO Eric Schmidt's announcement yesterday at Web 2.0 Summit in San Francisco that the next edition of Android — officially version 2.3, or Gingerbread — will have Near Field Communications capabilities baked in, came new evidence of smartphone manufacturers' and developers' continuing commitment to turning mobile phones into something more akin to digital wallets.
The Final Electronification Frontier
In the march toward payments electronification, pushing clients to embrace electronic-based processing will require banks to understand the reasons for their resistance.
AT&T and Verizon to Support Contactless Payments
AT&T and Verizon Wireless have signed on to support integrated contactless payments on their phones, giving the technology a much-needed boost, according to IDC Financial Insights' Aaron McPherson.
Who Will Be the Google of Mobile Payments?
The many competing mobile payment schemes in the U.S. have created havoc, according to experts. Banks, the card networks, PayPal, telecom carriers and other players all have skin in the game. But who will emerge as the Google of mobile payments?