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Kevin Benedict

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Mobile Commerce News Weekly – Week of October 5, 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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Global Payments, a leading provider of mobile payment solutions, has announced its Integrated Solutions division, OpenEdge, will be supporting Apple Pay.  Read Original Content

According to market researcher Mintel, Europe’s online retail sales will double between 2013 and 2019 and mobile commerce is playing an increasingly influential role.  Read Original Content

New Zealanders will buy nearly $10 billion in goods via mobile channels by 2019 – up from nearly $4 billion this year – according to a new Frost & Sullivan report.  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/

Leading online retailer Snapdeal is increasing focus on mobile commerce, where it will be doubling its engineering staff count to 700 soon as it sees over 90 percent of business coming in through this platform over the next three years, its co-founder said.  Read Original Content

New Zealanders are increasingly using tablets or smartphones to purchase a wide range of goods including physical goods, travel, insurance, cinema tickets, music, and e-books. Forty-five percent of all New Zealand consumers aged 15 and 65 have made at least one mobile commerce purchase in the last 12 months.  Read Original Content
Mobile in-store payments will grow at a five-year compound annual growth rate of 154 percent, to $189 billion in 2018 from $1.8 billion in 2013, according to the BI Intelligence forecast. While the growth will be explosive, in-store mobile payments will still account for less than four percent of brick-and-mortar transaction value by 2018.  Read Original Content

Facebook is all set to launch a new peer-to-peer payment feature within its Messenger app, allowing users to quickly and easily transfer money to each other.  Read Original Content

It’s finally happening: eBay is officially spinning PayPal off as a separate company. And it comes at a crucial time, just as the budding mobile-payments industry—which many see as the future of payments and commerce—is getting interesting.  Read Original Content

Recently, the Capgemini’s World Payments Report 2014 projected mobile payments to grow 60.8 percent by 2015.  That 60.8 percent increase will take mobile payments to 47 billion transactions, from 29.2 billion transactions in 2013.  Read Original Content

According to the report from NetElixir, conversion rates for smartphone users on sites that are optimized for mobile devices is 160 percent higher than conversion rates for shoppers on non-optimized sites. Websites optimized for mobile devices are easier for consumers to navigate when shopping on a smartphone or tablet.  Read Original Content

Mobile commerce has been thriving in many parts of the world, but in Brazil, its growth has been stymied. One of the most significant challenges mobile payments faces in the country is unstable bandwidth.  Read Original Content

Apple has made an aggressive move in the mobile payments space. The company has hired Mary Carol Harris, the former director of mobile for Visa Europe. Harris has significant experience in the mobile space, especially when it comes to payments.  Read Original Content

MasterCard unveiled its intentions at the World Retail Congress to begin a Europe-wide mobile app index that will map all of the shopping applications publicly available in Europe.  Read Original Content

EBay Enterprise surveyed more than 1,000 American retailers with revenues between $5 million and $250 million about their priorities ahead of the holidays. Cyber-security remains a concern, with 65 percent saying they are especially concerned, although 77 percent had not experienced a breach.  Read Original Content

The Subway sandwich chain is teaming up with Softcard to offer customers a way to buy food via their mobile phones.  Subway will kick off NFC-based mobile payments starting October 1 using Softcard, a mobile payments venture set up by AT&T Mobility, T-Mobile USA, and Verizon Wireless.  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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***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.