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Softcard mobile wallet hit by layoffs

Softcard mobile wallet hit by layoffs

(adsbygoogle = window.adsbygoogle || []).push({}); The smartphone based payments venture with wireless company backing is undergoing a restructuring. According to Softcard, the mobile wallet service that was launched by Verizon Wireless, AT&T, and T-Mobile, the company is undergoing a restructuring which has caused it to lay off 60 of its employees. This wave of layoffs at the mobile payments technology company impacts between 12 and 30 percent of its workers. That range is based on the range of the … Read entire article »

Filed under: Mobile Apps, Mobile Payments, Near Field Communications

Mobile commerce, marketing, and ticketing are set to grow through 2019

Mobile commerce, marketing, and ticketing are set to grow through 2019

Mobile technology has become very prominent in society as a whole Mobile devices have come to establish a prominent position in society as a whole. Many people are beginning to replace traditional entertainment platforms, such as televisions, with their smartphones and tablets, and these people are also using these devices to shop online and pay for goods and services. The growing importance of mobile technology among consumers has encouraged businesses to become more mobile-centric as well, … Read entire article »

Filed under: Mobile Commerce, Mobile Marketing, Mobile Payments, Near Field Communications, Trends

Banks are revising their approach to mobile payments

Banks are revising their approach to mobile payments

US banks are changing the way they look at mobile commerce Banks in the United States have shown strong interest in mobile payments, but not those being made in physical retail stores. With the launch of new mobile payment services, such as Apple Pay, many banks have taken steps to become more mobile-centric, offering more support for mobile commerce and mobile banking. Many banks do not see the value of in-store mobile transactions, however, as a … Read entire article »

Filed under: Mobile Commerce, Mobile Payments, Near Field Communications, QR Codes, Trends, United States

Suncorp Bank shows support for mobile payments

Suncorp Bank shows support for mobile payments

Bank will be launching its own mobile commerce service in the near future Suncorp Bank has announced that it will be accepting mobile payments from the iOS and Android platforms The bank has plans to begin rolling out mobile payment support on its mobile application for Android devices beginning in 2015. Afterward, the organization plans to begin working with Apple to make payments through the Apple Pay platform possible for its customers. Mobile payment support may … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Near Field Communications, QR Codes

Mobile commerce user base is growing quickly

Mobile commerce user base is growing quickly

New report predicts that mobile consumers participating in mobile commerce will exceed 2 billion by 2017 A new report from Juniper Research estimates that there will be more than 2 billion mobile consumers that participate in mobile commerce of some kind by the end of 2017. This is an increase over the estimated 1.6 billion people that participate in the mobile commerce space currently. More people are gaining access to mobile devices and are relying on … Read entire article »

Filed under: Mobile Commerce, Mobile Payments, Near Field Communications, Trends