US Bancorp embraced NFC technology for mobile commerce U.S. Bancorp, the parent company of U.S. Bank, has announced that it will be testing NFC technology for a new service being made available to iPhone users. The financial services company has been keeping track of the advent of mobile commerce and believes that the time may be right to begin looking into ways to engage mobile consumers in a new way. The test represents an iPhone case and application that are meant to appeal to consumers interested in mobile commerce. New…
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Mobile wallet, Isis, slated for launch this month
At some point in September, the long awaited smartphone payment service will become available. The m-commerce world is holding its breath as the Isis mobile wallet is finally aligned for launch by Verizon Wireless, T-Mobile USA, and AT&T, at some point during this month. The announcement was made by in a report which cited the CEO of VeriFone, Doug Bergeron. It explained that the service will first become available in San Antonio, Texas, and Salt Lake City, Utah. Smartphone payments terminal specialist, VeriFone, will be working with Isis on this…
Read MoreRogers and CIBC partner for the first mobile wallet in Canada
The wireless carrier and bank will work together to bring the technology to Canadian smartphone users. Canada has just moved one step nearer to having its own mobile wallet service available, as the largest wireless carrier in the country, Rogers Communications, and a major national financial institution, the Canadian Imperial Bank of Commerce (CIBC) have announced that they will be working together on its launch. In fact, they stated at a news conference that this Canadian first will be available before the end of 2012. The head of retail banking…
Read MorePredicted Apple and Google Wallet will pressure MNOs into heavy mobile payment rivalry
Mobile wallets are at our doorstep, and though mobile network operators (MNOs) will be offering most of the mobile wallets based on NFC, from 2012 to 2016, their massive slice of the market will begin to decrease in size as Apple and Google start to draw their own loyal users. According to ABI Research senior analyst for mobile commerce and NFC, Mark Beccue, by the end of 2012’s fourth quarter, “Google will prove that Google Wallet is a hit with consumers. By 2014, we will see Google Wallets supported alongside…
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