Diarmuid'S Recent Blogs

The Economics of Open and Closed Mobile Payments Schemes
Mobile Marketing: Are You Leaving Cash on the Table?
The Open and Closed Case for Mobile Payments
NFC: The Devil is in the Detail
NFC: Fact or Fiction
Hints and Tips for Launching an mCommerce Service
America: The Land of (Mobile) Opportunity
Mobile Banking: Reducing Risk and Ensure Security
The Secret of Successful Mobile Services

Breaking Mobile Financial News

The Economics of Open and Closed Mobile Payments Schemes  May 6, 2011

In a previous blog posting I discussed how mobile payments schemes could be viewed as either closed or open schemes. Whilst the schemes differ in complexity in set-up and running, perhaps more fundamental is the difference between the business models behind the schemes....



Mobile Marketing: Are You Leaving Cash on the Table?  April 6, 2011

The challenge for brand and retail marketers this year is how to employ an effective mobile marketing strategy. Mobile has the potential to amplify any marketing channel while at the same time connecting everything – TV to print to online. The majority of marketers have not been taking full advantage of the mobile ...



The Open and Closed Case for Mobile Payments  March 24, 2011

Mobile payments don’t exist in a vacuum. Just as a piece of paper doesn’t magically become a bank note, or a rectangle of plastic become a credit card, your phone can’t just suddenly start paying for goods and services. You need a payment scheme behind the scene to make this happpen. At a very minimum a scheme has to handle funds in, funds out and authenticating transactions. In the mobile world there are a number of mobile payment schemes today. From the long-standing premium SMS services to the brave new world of NFC. Whilst the technicalities of these schemes vary greatly, all schemes fall in to two broad camps: open and closed payment schemes...



NFC: The Devil is in the Detail  March 17, 2011

A Flurry of NFC Announcements If you have been following the mobile payments news recently you will have been seen the flurry of news around NFC, and in particular the rumours regarding Google’s entry into this space. “Google is poised to roll out Near Field Communications-based mobile payment trials at stores in the New York City and ...



NFC: Fact or Fiction  March 14, 2011

Why NFC is still years away from being mainstream & what you should be doing to be prepared for mobile payments...



Hints and Tips for Launching an mCommerce Service  March 3, 2011

Launching your first mobile commerce service can be a daunting prospect for banks, merchants or enterprises. The mobile world has its own unique set of technical standards and terminology, which can be very confusing at first. For example, what you call a “text message,” your supplier calls an “SMS”; what you call a “vanity number,” ...



America: The Land of (Mobile) Opportunity  July 23, 2010

For as long as I've been in mobile (15 years and counting) there has the cliché/truism that the US is behind when it comes to mobile. We've just published our latest consumer survey, and on initial reading, it could seem that it is all doom and gloom for the US. But is this true?...



Mobile Banking: Reducing Risk and Ensure Security  July 19, 2010

Security is the single most important service that banks and mobile commerce providers offer their customers. The tried-and-true best practices that secure a local area network and wide area network were first adapted to Web-based technology for online banking, and now to mobile technology for mobile transactions. These existing security best practices require multiple safeguards at four levels: the physical location, network, transaction and user....



The Secret of Successful Mobile Services  Jul 05, 2010

Earlier this year we published our Global Usage and Acceptance Survey Report. The survey looked at how consumers are using their mobile devices today, and what new services they would be interested in. We looked at three service areas: mobile commerce, mobile CRM and next generation carrier services.

The survey was completed by more than 4,100 mobile users, in sixteen countries using an online methodology, with at least 250 mobile phone users per country. The countries in the survey were Argentina, Australia, Canada, China, France, Germany, India, Indonesia, Italy, Malaysia, Mexico, Singapore, South Africa, Spain, United Kingdom, and USA.

Our research shows that consumers are beginning to take additional paid mobile services seriously and it is no longer out of the ordinary for users to be using their mobiles for sophisticated personal uses and information gathering. The survey shows that almost half of all mobile users use their handset to access the internet (48%) on a weekly basis, and 30%, globally, use mobile banking services.

Alongside high usage of current services the majority of users also want to expand their current horizons. 70% want extra services, such as emergency alerts (46%) and mobile banking (39%).

The good news for Enterprises looking to launch premium mobile services is that a significant group of users are prepared to pay for these extra services,



Name: Diarmuid Mallon
Title: Product Marketing Manager
Company: Sybase

 
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