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M-payments acquisition of Evenly made by Square

12/17/201312/14/2013 Stephanie Beck

Square Inc. mobile payments nfc technology

The processing business is seeking to broaden its capabilities through the purchase of the startup. The most recent acquisition made by Square appears to be geared toward making it easier for its app users to be able to use m-payments to send and collect money from their friends. This was what the company revealed when it announced its acquisition of Evenly. The acquired company was designed to be an easy m-payment app that has tools that Square clearly finds to be highly appealing and wants to be able to integrate…

Mobile payments may be a boon for disaster recovery

12/12/201312/10/2013 Jennifer Goula

Mobile donations help raise money more quickly for disaster recovery efforts Mobile payments are often seen as a way for retailers and other businesses to engage consumers that have become tethered to smartphones and tablets. The mobile commerce sector may prove quite beneficial to charitable organizations that assist in recovery after a natural disaster, however. Recent natural disasters in Japan and the Philippines have shown that mobile devices can increase the inflow of monetary support for those suffering from catastrophic events, especially when these devices are being used to promote…

Mobile commerce may benefit from new partnership

11/18/201311/16/2013 Stephen Vagus

Mobile trends Commerce Apps on smartphone

New partnership could ignite a promising future for mobile commerce The NFC Forum, a non-profit industry association that promotes standards for NFC technology, has announced that it has formed a liaison partnership with the Bluetooth Special Interest Group, a trade association focused on Bluetooth technology. The partnership will allow the two organizations to work more closely together in the future, potentially collaborating on projects concerning the use of NFC and Bluetooth technology. Both of these technologies have become quite popular in the mobile space, especially where commerce is concerned. NFC…

NFC technology may never lead the way in mobile wallets

10/31/201310/30/2013 Sam Lambert

Forrester Research has predicted that this will not be the tech that powers smartphone payments. An analyst from Forrester Research spoke at the Mobile Shopping Fall Summit and has explained that she believes that it is not likely that NFC technology will ever lead the way in powering the mobile wallet ecosystem. During the speech that was made by the analyst, she described a number of the benefits of the efforts from the biggest players The senior analyst, Denee Carrington, of Forrester Research said that while she does understand the…

Mobile payments will be everywhere next year, says Rogers

10/22/201310/19/2013 Julie Campbell

By the end of 2014, the Canadian communications giant has announced that people will prefer to pay with smartphones. According to a statement that was released by Rogers Communications Inc. vice president of emerging technologies, David Robinson, by next year and beyond, mobile payments will become the preferred way for consumers to process their transactions. This announcement was made as Robinson spoke to developers at a conference about Android in Toronto. The hope from Rogers, which is already one of the major mobile payments players in the Canadian ecosystem, is…