Sybase 365, a subsidiary of Sybase, Inc., the global leader in mobile messaging and mobile commerce services, today announced findings of a survey aimed at uncovering growth projections within the mobile commerce market. 200 views 0 comments For the second consecutive year, Sybase 365 polled mobile industry experts from across the globe GSMA Mobile World…
MasterCard outlined its vision on how to reach the next billion consumers through mobile innovation and partnerships. MasterCard and mobile partners Comviva, Intel, iZettle, Santander and Turkcell intend to reach the next billion consumers through a mobile channel with collaboration and innovation in a collective effort. This comes on the heels of unveiling of “Wanda” joint venture with Telefónica to provide mobile payment solutions to over 87 million Movistar customers in its Latin American markets.
MasterCard kicked off its “MasterCard Mobile Money Partnership Program” global initiative to help more than 2.5 billion financially-underserved consumers worldwide gain access to formal financial services through their mobile phones. In partnership with Comviva, Sybase 365 and Utiba, this will let consumers purchase goods and services via their mobile phones at millions of brick and mortar and online merchants worldwide, as well as transfer funds and pay bills. This is designed to target the 70% of the global population with a cell phone, only half of which have a bank account. The “MasterCard Mobile Money Partnership Program” offers prepaid companion cards that account holders can use at merchants that accept MasterCard cards; virtual card accounts that can be used for eCommerce payments with a user’s mobile money account; and person-to-person payments between subscribers of two different mobile money services.
Sybase 365 mobile messaging and mobile commerce services announced its strategic alliance with the Qtel Group telecommunications services. The Qtel Mobile Money service will allow Qtel Group customers to use their mobile phone accounts to save and transfer money, top-up their credit and make payments at home and abroad via their mobile devices. Qtel Mobile Money service enabled by Sybase 365 mobile wallet software will help the Qtel Group support SMS, Unstructured Supplementary Service Data (USSD), mobile browser, downloadable client, STK and works on any mobile device.
The Qtel Group launched its Mobile Money service “mobile wallet” (mWallet) solution. This lets users transfer money in Qatar and overseas through the mWallet. The Qtel Mobile Money service opens up a huge range of possibilities for customers and is as easy to use as a mobile phone. Customers will also be able to use their mobile phone accounts to save and send money, top up their credit, make payments and transfer airtime to friends, relatives, employees and partners.
ControlCase software solutions and managed compliance services launched its free downloadable data discovery tool, allowing organizations to identify and securely remove unprotected cardholder data that may be stored on their systems. ControlCase Data Discovery (CDD) has been developed to meet risk and compliance requirements as outlined in version 2.0 of the PCI DSS; the latest update to the standard reinforces the need for businesses to have a methodology in place for finding and securing unprotected cardholder data. With the Enterprise version, all of the scanning is done from one place, so there is no need to duplicate the process for each individual PC or laptop.
ControlScan PCI compliance solutions specifically designed for small- to mid-sized merchants announced its own Joan Herbig has been inducted into the University of Kentucky’s College of Engineering Hall of Distinction. The Hall of Distinction recognizes and honors alumni who have demonstrated distinguished professional accomplishments, outstanding character and commitment to community service. This recognition serves to encourage exemplary achievements by current students and others. It is a symbol of the respect and admiration held by the University of Kentucky’s College of Engineering for these esteemed individuals. Herbig returned to school and enrolled in the University of Kentucky, where she earned her master’s degree in computer science and now has more than 20 years’ experience in the high-tech world, and was named chief executive officer of ControlScan in September 2007.
Sybase 365 mobile messaging and mobile commerce services has been selected by Dutch-Bangla Bank Limited (DBBL) for its mobile banking platform. The Sybase 365 mBanking platform allows DBBL to reach the rural and unbanked in the Country, of which 45% are mobile phone users. With capabilities to conduct local and international money remittance, expatriates will also be able to remit money to the mobile accounts of their families, who can then make a withdrawal at the nearest retailer or cash point. The service will be available on all mobile devices with subscription to any of the six mobile operators of Bangladesh. As mobile banking continues to progress in Bangladesh, DBBL with Sybase 365 will roll out the next phase of services allowing customers to conduct mobile airtime top-up, merchant payment and micro financing from their mobile device.
Sybase enterprise and mobile software has entered into a global agreement with IBM to target the mobile commerce opportunity with both hosted and on-premise solutions in developed and emerging markets. Sybase and IBM are already trusted and proven business partners for hundreds of the world’s enterprises, mobile operators and financial institutions. Under this agreement, IBM Global Business Services and Sybase 365 mCommerce team (Sybase 365 is a subsidiary of Sybase Inc.) will work together to extend their reach and meet the needs of even more clients.
Sybase 365 mobile messaging and mobile commerce services has partnered with Commercialbank of Qatar to implement its retail mobile banking and mobile payments service. This provides users instant and secure connectivity to accounts anywhere, anytime, letting them check balances, review transaction history and transfer funds between accounts. They can also make balance enquiries on all bank and card accounts, receive transaction summaries, make utility bill payments, order check books and conduct remittances.
Plastyc Internet and mobile money management platform for the underbanked closed strategic investment by Core Innovation Capital to build out additional services for Plastyc’s own customers. Improving the “iBankUP” money management service and “UPside” line of prepaid VISA cards, this will also facilitate financial institutions looking to serve the underbanked on a cost-effective platform. Plastyc and this investment address fast-growing demand by the underbanked for responsible financial services, a market of 60 million people in the U.S. This also targets the millions more Americans experiencing difficulty getting credit cards due to the Credit Card Act of 2009 and can’t afford checking accounts due to fee increases, as reloadable prepaid cards subsequently have seen a growth of 60% annually since 2007.
Verizon Wireless, AT&T Inc. and T-Mobile USA have partnered to kickoff the “Isis” partnership to compete with credit card companies. Implementing NFC payment through the ‘Gingerbread’ Android smartphone on the Discover Financial Services’ payment network, “Isis” allows users to conduct payments with a wave of their phone and support industry standard NFC chips. This is Discover’s answer to compete with Visa and MasterCard mobile payment initiatives and adds to the fierce competition for the top mobile payment network. This comes on the heels of recent research concluding mobile payments will account for $214 billion in gross dollar volume by 2015, up from US$16 billion in 2010, for a 68% compound annual growth rate. This, according to Aite Group, is based on data drawn from such major players as American Express, Apple, AT&T, Bank of America, Bill2Mobile, BlackBerry, Bling Nation, BOKU, ClairMail, Visaâs Cybersource, Diebold, Discover, Euronet, First Data, FIS, Fiserv, Gemalto, Global Payments, Heartland Payment Systems, Inside Contactless, Intuit, MasterCard, Mocapay, MoneyGram, Monitise Group, mopay, NetSpend, Nokia, Oberthur Technologies, Obopay, Sybase, VeriFone, Visa, ViVOtech and Wincor Nixdorf.