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Kevin Benedict

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Mobile Commerce News Weekly – Week of August 31, 2014

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

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An increase in site availability and decrease in page size allowed the Staples’ mobile home page to jump eight spots on the weekly Keynote Mobile Commerce Performance Index. By decreasing the size of its mobile commerce site home page by 200 kilobytes, the retailer increased site availability to 97.19 percent, according to data from Keynote.  Read Original Content

Mobile commerce grew 48 percent year-over-year to about $8 billion in the second quarter, according to data released by comScore and the U.S. Census Bureau. That's the fastest increase in mobile commerce since the first quarter of 2012.  Read Original Content

In 2014 mobile sales will reach 21 percent of total web sales for the leading 500 retailers in mobile commerce worldwide; 23 percent for leading retailers in the U.S., according to data in the newly published 2015 Internet Retailer Mobile 500.  Read Original Content

The cost and time to mobilize enterprise applications can actually meet or exceed the original cost and time to implement those systems. In their new report, “StarMobile Transforms Enterprise Apps into Mobile Apps”, 451 Research details the advantages of StarMobile’s app development tool and how it can drastically reduce the cost and time to mobilize enterprise applications. Download report here: http://starmobileinc.com/report-451research-starmobile-transforms-mobile-apps-into-enterprise-apps/

According to a report from InMobi, almost 86 percent of Australian mobile consumers have plans to engage in some form of mobile commerce within the next 12 months. This is an 11 percent increase over the number of people that said they would participate in mobile commerce in 2013.  Read Original Content

The top 366 U.S. retailers will hit mobile commerce sales of $59 billion this year, an increase of 74 percent from $34 billion a year ago, according to a new index.  The world's 500 largest mobile commerce businesses combined will increase their mobile sales by 80 percent to more than $84 billion this year, according to the Internet Retailer index.  Read Original Content
MTN Zambia says mobile banking is the key for the delivery of financial services in Zambia. MTN Zambia Chief Sales and Distribution Officer Amon Jere said in a press statement that only 37 percent of the population was financially included in Zambia yet over 70 percent has mobile phones making mobile banking a strategic solution.  Read Original Content

Customers of Australia’s St George Bank will be able to use the Touch ID fingerprint verification technology built into the iPhone 5S to log into mobile banking when iOS8 launches in September.  Read Original Content

One in two Americans now turn to digital devices as their primary method of banking, according to a study from Bank of America. Read Original Content

The Indian shopping marketplace, Snapdeal, has seen quite the difference over the last year in the percentage of online sales being brought in through mobile commerce. This year the annual gross merchandise volume broke the $1 billion mark, according to the company’s CEO, and mobile commerce is now accounting for 60 percent of its sales.  Read Original Content

Forty-two percent of smartphone users consider their mobile device the most important resource they have as they prepare to make a purchase, according to the Third Annual U.S. Mobile Path-to-Purchase Study, a June 2014 report from xAd and Telmetrics.  Read Original Content

Ofcom has now released a report that has identified eBay as the leading mobile commerce retailer in the United Kingdom in terms of its popularity among consumers throughout the country.  Read Original Content

Idea Cellular has recently announced the launch of its new mobile wallet service, called Idea Money, which is designed to give consumers the ability to complete certain payment transactions, such as recharging their prepaid mobile accounts.  Read Original Content

An annual survey by Ipsos Public Affairs revealed for the sixth year in a row customers have named the Internet as their favorite way of conducting their banking business. Thirty-one percent of respondents said it is the method they use most often to manage their bank accounts, down from 39 percent in 2013.  Read Original Content

Malauzai Software, an Austin, Texas-based provider of mobile banking smart apps for community financial institutions, has seen significant growth in banking via the smartphone camera in the first half of 2014, the company reported in a news release. Read Original Content

About 97 percent of the population in Bangladesh, Indonesia and Vietnam is interested in using mobile phones to send and receive money, according to a study by Ericsson, the Swedish communications technology and services company.  Read Original Content

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Kevin Benedict
Writer, Speaker, Senior Analyst
Digital Transformation, EBA, Center for the Future of Work Cognizant
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Recommended Strategy Book Code Halos
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

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Kevin Benedict serves as the Senior Vice President, Solutions Strategy, at Regalix, a Silicon Valley based company, focused on bringing the best strategies, digital technologies, processes and people together to deliver improved customer experiences, journeys and success through the combination of intelligent solutions, analytics, automation and services. He is a popular writer, speaker and futurist, and in the past 8 years he has taught workshops for large enterprises and government agencies in 18 different countries. He has over 32 years of experience working with strategic enterprise IT solutions and business processes, and he is also a veteran executive working with both solution and services companies. He has written dozens of technology and strategy reports, over a thousand articles, interviewed hundreds of technology experts, and produced videos on the future of digital technologies and their impact on industries.