Category Archives:
mobile payments

jon_banks2 Guest Post: Cutting hidden costs with validated P2PE

by Jon Banks, business development director with the The Logic Group

After some challenging times for retailers, the UK economy is looking like it may have finally turned the corner. Official figures show that recent growth has taken us past the pre-recession peak. While no-one would claim this is anything but good news, for many businesses, the UK is not quite out of the woods yet. Which is further emphasised when you read the stats that say economic growth is at its weakest rate in three years. Continue reading

lukies IBM & Monitise help financial institutions capitalise on commerce

Global strategic alliance will enable clients to deploy new mobile banking, payments and commerce solutions via the cloud to better engage customers

Press release

July 21st 2014. IBM (NYSE: IBM) and Monitise (LSE: MONI) have announced an expanded, multi-year global alliance to deliver cloud-based mobile commerce solutions to help financial services institutions embrace the mobile channel and better engage with customers. As part of this news, the expansion of the alliance will bring together the IBM MobileFirst portfolio of offerings as well as IBM’s financial services and retail industry expertise with Monitise’s mobile banking and payments capabilities, spearheaded globally as an IBM Global Business Services’ initiative. Continue reading

matt_banham Omlis acquires massive techie Banham as new CTO

Aims to be global provider of hacker free mobile payments

The arrival of Matt Banham at global mobile payments solutions provider, Omlis, has been heralded as the dawn of a new day for the business. He’s been appointed as the company’s Chief Technology Officer (CTO) and really does have an impressive technical background. For example, he was instrumental in developing the world’s first operational, real-time, predictive air traffic control system. The appointment follows a number of recently announced strategic partnerships such as one in Latin America with ISN Technologies which facilitates transactions for some of Chile’s largest organisations. The UK based company claims to be a leading provider of hacker and fraud free mobile payment solutions and has the IP for its proprietary technologies to back them up. Continue reading

leading force  in digital commerce - wagner Powa Technologies acquires MPayMe to expand global footprint and break into new markets

Move will see integration of ZNAP with acclaimed new mobile commerce service PowaTag, enabling new features ranging from utility bill payments to rewards schemes

Press release

June 12th 2014. International commerce specialist, Powa Technologies Group, has announced the acquisition of Hong Kong-based mobile expert MPayMe in a move that will vastly increase its global reach and provide a world-leading payment solution for the retail, telecoms and utility industries. The merger between the two privately held companies will see Powa Technologies and MPayMe operate as a single global entity under the Powa brand to bring in a new class of universal mobile payment that will reach millions of customers and merchants across Europe, Asia and the USA. Continue reading

billmobile_payment BillMobile launching to make mobile billing available for all

Charge to mobile now an affordable option for all online and digital retailers

Press release

June 4th 2014. BillMobile, a new mobile payments service for online and digital retailers has launched. BillMobile doesn’t require consumers to download an app, meaning any UK mobile phone owner can pay for goods and services with a phone number. While for merchants integration is quick and easy and the transaction fees are surprisingly affordable. Continue reading

- trapp Guest Post: Mobile authentication exposé

The real costs and opportunities of one-time passwords

New White Paper research, entitled ‘Unlocking the Mobile Security Potential: the Key to Effective Two-Factor Authentication‘, conducted by the Ponemon Institute and sponsored by tyntec, has revealed that 90 per cent of IT managers around the world are considering adopting two-factor authentication (2FA) this year. Rapidly becoming the authentication method of choice, SMS-enabled 2FA integration is on the rise because of its secure, cost-effective and user-friendly nature. Along with these benefits is the ability to use a One-Time Password (OTP), which can provide new and valuable visibility options and opportunities. Continue reading

best placed for mobile money opportunity - buse Monitise makes a surprise new appointment

Mobile money appoints three new females inc Elizabeth Buse

Mobile money transfer specialist, Monitise, has surprised its investors by recruiting a former Visa executive in the shape of Elizabeth Buse. She becomes co-CEO to work alongside Monitise co-founder Alastair Lukies. As soon as the news came out, shares in Monetise rose 4.3 per cent. GoMo News can’t understand why this news was such a surprise when Buse was previously a member of the Monitise board from July 2010 to October 2012. Buse was most recently the executive vp of Visa’s global solutions group, a role she took in August 2013. Continue reading

Touch Mobile to help spread Emida’s mobile payment service

USA-based 100% data MVNO to benefit from Emida’s outlets

Touch Mobile, a USA-based MVNO [Mobile Virtual Network Operator] has struck a deal with Emida, a leading global prepayment and value transfer provider. The pair hope to disrupt the American prepaid market with unique pricing concepts for the prepaid consumer. Emida operates in 37 countries throughout North, Central and South America, the Caribbean, as well as Africa, Oceania, the Middle East and Europe. Touch Mobile offers premium-quality Android smartphones to all prepaid subscribers. Plans start at $20 per month with wide coverage available across the USA. Continue reading

Paolo_Rizzardini Guest Post: The Asian opportunity for app developers in mobile payments

by Paolo Rizzardini, vp for mobile payments with Infobip

Ever since the beginning of the mobile payments industry, the Asia-Pacific region has held enormous potential for content providers. The mobile app market in the East is more vibrant than anywhere else in the world and is showing no signs of slowing down any time soon. In fact, this positive trend is continuing at an exponential rate, particularly for Android devices. There are multiple reasons for this. First of all, it is common practice for consumers in Asia to access and purchase multimedia content through their mobile phone. Continue reading

MTA_Masabi Masabi to launch mobile ticketing with New York’s MTA

Riders will be able to use their phones as tickets on both Metro-North Railroad and Long Island Rail Road

Press release

May 1st 2014. Masabi, the leader in mobile ticketing and payments for transit, has announced that New York’s Metropolitan Transportation Authority (MTA) has selected the company to provide mobile ticketing for both the Metro-North Railroad (MNR) and Long Island Rail Road (LIRR). Masabi’s mobile ticketing technology will allow riders to buy train tickets using their smartphones, anytime and anywhere, eliminating the need to ever carry a paper ticket again. Continue reading

paym_phones Paym launches April 29th 2014 in UK

Press release

April 29th 2014. Paying back IOUs to friends and family just got easier, following the UK launch today [April 29th 2014] of Paym, the new secure way to pay using just a mobile number across nine banks and building societies. Paym is now available to more than 30 million people across the UK – customers of Bank of Scotland, Barclays, Cumberland Building Society, Danske Bank, Halifax, HSBC, Lloyds Bank, Santander and TSB are able to send and receive Paym payments. The service will expand further later in the year, becoming available on more than nine out ten current [checking] accounts, covering in excess of 40 million customers. Continue reading

Mobile payments arena hots up in UK

Paym from Payments Council covers more banks than we thought

In our previous story ‘GoMo discovers HSBC bank Paym service by accident‘, we initially thought that this pay-by-mobile service was limited to just our own bank – HSBC. However, it turns out that the service is actually operated by an outfit calling itself the Payments Council and will cover some 30 million people in the UK initially. Besides HSBC, the scheme works with eight other banks. It is aimed at making payments between friends and family much easier as all you need to know is the other person’s mobile phone number. However, participants need to have downloaded and signed up for the online banking service of their own bank via mobile. Continue reading

Paym-hsbc GoMo discovers HSBC bank Paym service by accident

Through update to old app announcement sent by letter

How quaint! We’ve become accustomed to receiving mostly junk mail through the traditional postal service. So it was a bit of a surprise to discover that GoMo News‘ existing bank – HSBC [UK], had decided to communicate with us about its latest banking app through a non-digital media. A letter. Anyway, it turned out to be good news because we also learnt about HSBC’s Paym service by mistake. It will be launching live in the UK on April 29th [2014]. Those who pre-register get the chance to win an HTC One. Continue reading

FCC-Aztec_code Masabi supplies secure mTickets for FCC trains

Aztec based codes initially readable @ 3 English rail stations

As something of a breakthrough, Masabi – a specialist developer of  mobile ticketing has enabled British train operator  First Capital Connect to roll out its first mTicket capability at three English railway stations. An mTicket enables a smartphone user to purchase a ticket electronically with no need to collect it physically from a ticket office or machine. Instead the mTicket is displayed onscreen as an encrypted Aztec code. [Note: Not a QR code!]. Machines at London King’s Cross, Cambridge and King’s Lynn will initially be able to read these mTickets as will conductors’ portable ticket machines. The plan is to be able to roll it out to other locations including London’s Gatwick airport. FCC is strangely coy about the number of platforms able to run its ‘Rail Tickets’ app. There are Windows Phone, BlackBerry and Nokia apps, for example. Continue reading

a fantastic hub of culture, history and education - whitaker First Capital Connect launches queue-busting mobile ticketing app

Press release

March 24th 2014. First Capital Connect has announced the launch of its new queue-busting mobile ticketing app, allowing passengers to use their mobile phone or tablet as a ticket machine. Developed by Masabi, the leader in transport mobile ticketing, customers can download the app to their phone and instantly purchase peak and certain off-peak tickets for immediate use. Mobile tickets (mTickets) are displayed on the phone’s screen as an encrypted barcode to be scanned by gate line scanners or revenue staff – turning the phone into a personalised ticket machine. Continue reading