Networks to launch new mobile wallet June 16, 2011 THE three main UK network operators yesterday announced a plan to create a new “mobile wallet” joint venture. Vodafone, Everything Everywhere and O2 held a joint briefing yesterday in which they said the service will provide a single point of contact for advertisers, banks and retailers. The wallet will take the form of a smartphone [...]
Google set to launch mobile payments May 25, 2011 GOOGLE will today unveil its first “mobile wallet” technology that turns your phone into a touch-payment system. Google’s VP of commerce and payments Stephanie Tilenius said: “We’re making a big bet on it as a company. There is a lot of potential there.” It is understood the service, known as Near Field Communication (NFC), will [...]
The five tech trends set to change your world in 2011 February 17, 2011 MOBILE World Congress (MWC), the world’s biggest mobile phone show, ended yesterday. Here City A.M., looks at the biggest trends to emerge from the show and looks at how they could affect your life over the next year. THE SHADOW OF NOKIA/MICROSOFT THE bombshell dropped by Nokia the weekend before MWC kicked off, when the [...]
Visa and Monitise sign mobile payment deal February 3, 2011 MONITISE has signed an agreement to provide mobile payment services for Visa’s member banks and financial institutions across Europe. The new services will include contactless payments in store, peer-to-peer payments and mobile alerts. The partnership gives Visa Europe a licence to Monitise’s industry-leading mobile technology. Bob Liao, an analyst with Canaccord Genuity, says the deal [...]
How to splurge intelligently this Christmas December 9, 2010 1 WATCH OUT FOR THE VAT RISE VAT is going up to 20 per cent on 4 January, so this year don’t wait for the sales to get your big purchases in. According to Santander, 28 per cent of Brits are planning on a pre tax hike spending spree, with people in the South East [...]
New Google Nexus set to hit UK in next few weeks November 16, 2010 THE NEW Google phone is set to hit UK stores in the next few weeks, as exclusively revealed by City A.M. last month. Google chief executive Eric Schmidt has unveiled a new phone running its Android operating system – believed to be the second version of its Nexus branded handset – that will hit stores [...]
Monetise joins mobile scheme September 30, 2010 UK MOBILE banking and payments group Monetise has announced a major partnership to supply software for Visa’s new contactless payment system. Last week City A.M. revealed Visa will roll out a network of payment points where users can use their mobile phone to pay in stores. Now Monetise has said it will partner DeviceFidelity to [...]
Visa pushes new mobile phone payment systems September 19, 2010 VISA will roll out a network that will allow its customers to pay for goods using their mobile phones in time for the 2012 Olympics. The world’s biggest payment processing firm hopes the new technology will allow it to corner the small transactions market, which is still dominated by cash purchases. The firm believes the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 14, 2010 FINANCIAL TIMES FRANCIS MAUDE TACKLES CIVIL SERVICE PAY-OFFS Francis Maude, the Cabinet Office minister, attempted to force the hand of civil service unions yesterday as he laid emergency legislation to slash their redundancy terms while offering negotiations on a new severance deal. With up to 100,000 civil service jobs likely to go during the next [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 19, 2010 FINANCIAL TIMES ADONIS TRIES TO LOCK IN TRAIN OPERATORS Train operators who walk away from franchise agreements will face bigger penalties, as part of a package of measures aimed at restoring the system’s credibility following the renationalisation of the east coast main line. Lord Adonis, transport secretary, said in an interview with the Financial Times [...]