The same tech that powers cryptocurrencies such as Bitcoin are also pushing mobile commerce forward. Blockchain technology, the tech powering cryptocurrencies, is becoming a driving force in advancing mobile commerce. This, according to IBM Blockchain global director Shyam Nagarajan. IBM has been working with a number of banks to develop new paths for m-commerce and payments. IBM has been working with Bank of Ayudhaya and the Kasikornbank in Thailand. They have been working with blockchain technology, said Nagarajan. Their goal has been to boost online shopping and mobile payments platforms.…
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Apple sees promise in mobile commerce platforms
Apple may be taking steps to finally break into mobile commerce More momentum is being added to rumors suggesting that Apple will finally make an entrance into the mobile commerce market. The company has been taking a slow and cautious approach to the mobile commerce issue, hoping to avoid some of the pitfalls that other companies entering into this sector have fallen into. Recent reports suggest that Apple is actively working to build a new mobile commerce platform that may be featured as part of the iPhone 6 that is…
Read MoreApple may release a mobile commerce platform this year
Ovum predicts that Apple will finally enter into the mobile commerce space Ovum, a market research firm based in the United Kingdom, has released its latest 2014 Trends to Watch report, which predicts that Apple will finally enter into the mobile commerce market this year. Apple has approached the mobile commerce space with caution due to the security issues that exist therein. It had been speculated that the iPhone 5 would include NFC technology, but Apple has little faith in NFC, especially when it comes to using the technology for…
Read MoreAT&T aims to make its own mobile commerce platform
AT&T makes a move to establish a strong presence in mobile commerce AT&T has made a move to develop its own mobile commerce platform. The telecommunications company is currently involved in Isis, a platform that was born from a joint venture with Verizon Wireless and T-Mobile. The three companies had invested heavily in Isis and successfully launched the platform in the U.S. in 2013. Isis has promised to be a powerful platform, but AT&T is not willing to place the entirety of its mobile commerce interests on the platform. AT&T…
Read MoreMobile payments get a boost from PayPal
In their overall expansion of digital transactions, they have also streamlined their e-checkout process. Last year, PayPal made mobile payments news headlines with its announcement of Beacon as it promised to help to enhance the overall location based experience for brick and mortar stores and their shoppers, and now it is making them again by expanding their efforts for online transactions as a whole. Even as the company pushes its way into offline retail, it is keeping up with mobile e commerce. This week, PayPal launched a new checkout experience…
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