Author: Guillermo Escofet
Whilst UK mobile operators have yet to fully unveil their plans for a mobile wallet joint venture, dubbed Project Oscar, the UK’s Payments Council has been quietly working with leading banks and payment networks to roll out a nationwide mobile payments service next year in which the operators appear to have zero input.
Last week I attended the GSMA’s NFC & Mobile Money Summit in Milan to take the pulse of what’s been happening in the mobile contactless payments space over the past year. Most of the discussions at the conference left me with a tremendous sense of déjà vu. Although the pace of NFC-handset launches has really… Read more
Concerns about Facebook’s ability to monetize its growing mobile traffic have resurfaced following its first earnings report since its IPO in May. The social media giant yesterday posted a 2Q12 loss of US$157 million, sending its stock price tumbling to US$24 a share – which means its shares are now trading at two-thirds of the… Read more