Channel - Payments | mocoNews.net

EU Banks, Carriers Team Up On Mobile Payments - 0 Comments
Posted By Dianne See Morrison - Mon 30 Jun 2008 05:40 AM PST

European Union banks and mobile operators have agreed to work together on mobile payments. Mobile industry group, the GSM Association, and the European Payments Council, have already begun trials for…

Canadian Mobile Movie Listings Site MyMovies.ca Sold To RepeatSeat - 0 Comments
Posted By Rafat Ali - Wed 25 Jun 2008 10:18 AM PST

An interesting acquisition north of our borders: Calgary, Canada-based mobile ticketing solutions company RepeatSeat has bought the mobile movie search engine MyMovies.ca from Don’t Shoot the Messenger, an Ontario-based company…

France’s Hi-Media Buys Mobile Marketing Firm Mobile Trend For Euro 7 Million - 0 Comments
Posted By Rafat Ali - Wed 25 Jun 2008 09:59 AM PST

France-based European online media firm Hi-Media has now extended its reach in mobile markets and has bought out local mobile market firm Mobile Trend. The deal includes a total consideration…

Bank Of America Says It Has 1 Million mobile Users; Details Other Mobile-Banking Trends - 1 Comment
Posted By Tricia Duryee - Mon 16 Jun 2008 03:48 PM PST

Bank of America said in the last year since it launched its mobile-banking services, it has been able to tally up one million unique active mobile banking customers, who access…

Mobile Content Bits: The Three C’s: Cellpoint; CellSpin and Cellufun - 0 Comments
Posted By Tricia Duryee - Fri 13 Jun 2008 03:02 PM PST

Just for fun, this Friday’s mobile content bits will feature only companies with “cell” in their name.... -- Cellpoint builds mobile bookstore for SAXO.com: Saxo.com, an online bookstore in Denmark,…

Indian Mobile Services Company Tanla Acquires $15.8 Million Stake In Finnish Openbit - 0 Comments
Posted By Tricia Duryee - Thu 05 Jun 2008 12:42 PM PST

Tanla, an Indian provider of mobile services, said it acquired an 85 percent stake in Openbit, a Finland-based mobile payment software company for $15.8 million in cash, reports IDG via…

Mobile Banking Forecasted To Generate Up To 62 Billion Transactions in 2012: Report - 0 Comments
Posted By Tricia Duryee - Tue 03 Jun 2008 01:47 PM PST

Mobile banking is expected to be a big business in 2012 based on experiments and trials that wireless operators and members of the financial community are conducting today, according to…

Still A Long Wait For Mobile Contactless Payments - 0 Comments
Posted By James Quintana Pearce - Thu 15 May 2008 04:53 PM PST

Despite a lot of hype and a fairly strong push from manufacturers, it’s likely to be another four years before mobile contactless payments using near field communications (NFC) become mainstream,…

Obopay Inc Secures $20 Million From Essar, Qualcomm, Promethean India And Others - 0 Comments
Posted By Nikhil Pahwa - Fri 25 Apr 2008 07:59 AM PST

Indo-U.S. mobile payment company Obopay Inc has secured a $20 million in a fourth round of investment led by India’s Essar Communications Holdings, and included Alliance Bernstein, ONSET Ventures, Redpoint…

Mobile Payment Service Obopay Raises $20 Million; Total At $68 Million - 0 Comments
Posted By James Quintana Pearce - Thu 17 Apr 2008 05:38 PM PST

Mobile payment company Obopay has raised $20 million in its fourth round of funding, reports GigaOM. The round isn’t finished and the final amount may go higher—so far the only…

Alltel Sued Over Content Billing - 0 Comments
Posted By James Quintana Pearce - Thu 17 Apr 2008 01:41 PM PST

A class-action lawsuit has been filed against Alltel (NYSE: AT) accusing the carrier of “systematically, repeatedly and without authorization, billing its customers for purchases and services not agreed to by…

SK Telecom And Citigroup Launch Mobile Banking JV - 0 Comments
Posted By Dianne See Morrison - Thu 06 Mar 2008 03:17 AM PST

South Korean mobile operator SK Telecom (NYSE: SKM) and Citigroup, the US’s largest bank, launched a joint venture today to offer mobile financial services in select markets in Asia and…

Complexity And Fear Keep Consumers From Shopping On The Phone: Study - 0 Comments
Posted By Tricia Duryee - Fri 22 Feb 2008 01:25 PM PST

The mobile phone is too complex for users to feel comfortable using them to buy physical goods, however, consumers in the U.S. and the U.K., say they are likely to…

Mobile Coupon Firm Cellfire Gets $12 Million Funding - 0 Comments
Posted By Rafat Ali - Mon 11 Feb 2008 10:55 AM PST

CellFire, the San Jose, CA.-based mobile coupon firm, has raised $12 million in its third-round funding. The round was led by Silver Creek Ventures, and was joined by return backers…

Bango Adds Mobile Audience Research To Its Payment Products - 0 Comments
Posted By David Kaplan - Wed 06 Feb 2008 01:01 AM PST

Bango, which is mainly known for its mobile payment services, is now augmenting that function with a new research tool. The company tells us that its Bango Analytics service can…

BART Launches Mobile Payment Service, Links With Ads - 0 Comments
Posted By James Quintana Pearce - Wed 30 Jan 2008 07:18 PM PST

San Francisco train system BART has launched a mobile payment trial with Sprint (NYSE: S) where 230 trial participants can pay for a ticket by tagging their phone on a…

Mobile Retail Ad And Couponing Firm Modiv Media Gets $8 Million Funding - 1 Comment
Posted By Rafat Ali - Sun 16 Dec 2007 06:23 AM PST

Modiv Media, a Boston-area based mobile retail couponing and advertising firm, has received $8 million in its first round of funding, according to a regulatory filing, picked up by PEHub.…

Mobile Money Transfers: Big Business In Micropayments? - 0 Comments
Posted By Dianne See Morrison - Tue 11 Dec 2007 07:09 AM PST

Mobile money transfers in the developing world are “leap frogging” mobile micropayment in Europe, reports CNN. It could eventually mean big business if they could get even a small piece…

O2 Trials Contactless Payments In London - 0 Comments
Posted By James Quintana Pearce - Wed 28 Nov 2007 04:12 AM PST

We mentioned this briefly earlier, but Nokia (NYSE: NOK) has now released the details. O2 has launched a trial of 500 people of its O2 Wallet service, involving Near Field…

Round Up: Mobile Underground Tickets; SimCity; Se Liga - 0 Comments
Posted By James Quintana Pearce - Mon 26 Nov 2007 05:09 PM PST

-- The London Underground will reportedly start trials substituting mobile phones for its contactless payment Oyster Card. The trials will involve Nokia, (NYSE: NOK) O2 and Transport for London and…

Visa Trials PayWave In Canada, Malaysia, Remote Payments In Brazil - 0 Comments
Posted By James Quintana Pearce - Mon 19 Nov 2007 04:48 PM PST

Visa has started a few more mobile trials around the world. In Brazil it is trialing remote payments, which lets people make payments on the their mobile phones. In Canada…

Bango Launches “Get It On My Mobile” Button - 3 Comments
Posted By James Quintana Pearce - Thu 15 Nov 2007 07:03 AM PST

Bango (AIM: BGO) has launched a new service dubbed Get On My Mobile which lets people sell mobile content from their website. “Bango Buttons” can be created by visiting http://www.bango.com/button…

Sony, NXP Form Moversa, JV For Mobile Payments - 0 Comments
Posted By James Quintana Pearce - Thu 15 Nov 2007 06:21 AM PST

Another mobile payments deal… Sony (NYSE: SNE) and NXP Semiconductors have set up a joint venture called Moversa to develop a chip which will include both companies contactless payments formats—Mifare…

Qualcomm Buys Mobile Banking Firm Firethorn For $210 Million - 0 Comments
Posted By James Quintana Pearce - Wed 14 Nov 2007 07:58 AM PST

Qualcomm (NSDQ: QCOM) has announced it will buy Atlanta-based mobile banking provider Firethorn Horldings for about $210 million in cash. The deal is expected to close within 30 days, subject…

AT&T To Preload Banking App On Handsets - 1 Comment
Posted By James Quintana Pearce - Tue 13 Nov 2007 06:03 AM PST

AT&T (NYSE: T) will preload a banking application onto its handsets, a move which is intended to make the icon easy to find by users. It has also added banks…