Monday, July 18, 2011

CorFire Market Watch, 7-29-2011

Week Ending July 29, 2011

 

Isis adds Visa, MasterCard and AmEx to mobile commerce network

Financial services providers Visa, MasterCard, Discover and American Express are officially joining Isis, the mobile commerce joint venture spearheaded by Verizon Wireless, AT&T and T-Mobile USA. According to Isis, the moves significantly expand the payment options available to mobile subscribers, at the same time extending the fledgling network's reach to encompass payment terminals already installed at U.S. merchant locations…

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Sprint, AmEx Team Up on Mobile Payments

American Express is partnering with Sprint to further promote its "Serve" digital payment platform, taking another step in the burgeoning mobile commerce market…

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Square what? Dwolla shows the power of cash networks

While tech darling Square has been growing its mobile payments business at a rapid pace, it’s far from the only success story in the business. Over in Des Moines, IA, mobile payments start-up Dwolla is enjoying its own impressive growth and just hit $1 million in daily transactions, putting it on a faster initial pace than Square…

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CFSI Seeking Prepaid Card Standardization

The Center for Financial Services Innovation believes the overall prepaid card market has matured to point that federal regulators and the industry should adopt some policies designed to standardize general purpose, reloadable prepaid cards.

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BB&T CEO says banks should adopt debit fees

U.S. banks should move toward charging annual fees for debit card use, BB&T Corp Chief Executive Kelly King said on Thursday…

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After Nortel Loss, Google Looks To InterDigital To Strengthen Patent Portfolio

As of now, the search giant currently holds less than 1,000 wireless-related patents, and after the devastating loss of Nortel’s 6,000-strong patent portfolio, Google can’t afford to waste any more time…

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Most Mobile Budgets under $50K, Growth Expected

When it comes to mobile advertising, just over half (51%) of brand marketers say they have built mobile into their ad strategy, either as part of wider campaigns or as a stand-alone effort…

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Isis to adopt open TSM architecture

Isis is to put in place a fully open 'TSM to TSM' architecture, the company has told NFC World, so that banks and service providers — as well as Visa, MasterCard, Discover and American Express — will be free to choose their own NFC technology suppliers…

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