Group Urges Mobile Payment Oversight
Unregulated mobile payments systems could put consumers at risk for fraud, according to Consumers Union.Read more: http://www.americanbanker.com/issues/175_165/mobile-payment-oversight-1024650-1.html
How the future of mobile payments is shaping up
Banks and mobile network operators are working towards a time when people will purchase pints of milk, Sunday newspapers and even train tickets with a ‘wave’ of a mobile phone. This is the future of a cashless society envisaged by mobile operators and industry pundits. "Today you pay for things by cash or on your credit card. Tomorrow, you’ll use your mobile to buy the things youwant," says Tom Alexander, CEO of Orange UK. Some forms of mobile payments already exist. Phone applications
B of A, Visa Team Up with DeviceFidelity on Mobile Payment Program
Bank of America is collaborating with Visa and DeviceFidelity on a program to begin in September in New York that will enable consumers’ smartphones to operate as contactless …Read more: http://www.americanbanker.com/issues/175_161/bofa-mobile-payment-prog-1024418-1.html
Bank of America, Visa to launch mobile payments pilot
(The Paypers) US financial services provider Bank of America and Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/IsyJlijkwrA/741804-16
(The Paypers) California-based tap-and-pay mobile payments startup Bling Nation has certainly had a busy 2010…Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/RZh9zRvc1Mo/741794-16
In Mobile Payments, It’s PayPal 2, Google 0
PayPal’s next round of mobile payment features shows the strength of its mobile strategy – and the weakness of Google’s historical approach to payments.Read more: http://www.americanbanker.com/issues/175_158/paypal-google-1024261-1.html
Making sense of mobile payment
There’s been a lot of talk recently about mobile payment, from casual money transfers over PayPal …
American National Bank, Guaranty Bond Bank partner Bling Nation for mobile payment services
(The Paypers) Mobile payments services provider Bling Nation has entered a partnership with US-based…Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/35693SQsd2c/741749-16
India Insurer to Allow Mobile Payments
Life Insurance Corporation of India policyholders soon will be able to use their mobile phones to pay their insurance premiums.Read more: http://www.americanbanker.com/issues/175_153/mobile-payments-1023929-1.html
Carriers’ Mobile Payment System Excludes Banks, but Could Open New Doors
An effort by several major wireless carriers would let consumers make purchases with their phones, but they may have a hard time keeping banks from taking advantage of it.Read more: http://www.americanbanker.com/issues/175_147/-1023378-1.html
