Thursday, January 05, 2012

CorFire Market Watch, 12-23-2011

Week ending December 23, 2011

  

Report: U.K. in best position for mobile commerce among European countries

The U.K. is the best placed country in Europe to exploit the next wave of mobile Internet, according to research from the country’s telecom regulator.  In a detailed report from Ofcom says a highly competitive market coupled with high smartphone penetration and a willingness for U.K. Internet users to embrace e-commerce puts the country in a leading position.  According to James Thickett, director of research, 79% of U.K. Internet users said they had ordered goods online, higher than any other European country. Not only were U.K. consumers more likely to visit retail sites than other Europeans, but they also spent more time on them than other European shoppers.  “The U.K. is using the mobile Internet in a way that other European countries are not,” said Mr. Thickett.…

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Survey: Mobile payments investments to grow in 2012

Transactional services such as remote deposit capture (RDC) and mobile person-to-person (P2P) payments will account for the majority of mobile investment in 2012 by financial institutions, according to a survey released today that was conducted by Forrester Research on behalf of Fiserv. The "Mobile Banking and Payments" survey evaluated the plans of 10 banks and credit unions that in total hold more than one-third of all U.S. deposit accounts.  In addition to RDC, financial institutions plan to invest in actionable alerts, which allow recipients to initiate an action such as a funds transfer in response to an alert about a low balance, and additional payment capabilities, according to the survey....

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