Just to show the activity in this space, I thought I would just list announcements and newsfeeds on Finextra since January in mobile payment and banking:
2 - Online Resources announced the launch of its mobile banking and bill payment service
2 -
8 - Visa has formally launched its mobile payments platform
10 - Hybyte has launched AirPayment,) billing solution that supports PayForIt
23 - Norway-based LUUP has signed National Bank of Abu Dhabi (NBAD) to its mobile payments system
24 - Obopay, the first comprehensive mobile payment service in the
8 - MasterCard has partnered with Taipei Fubon Bank and Taiwan Mobile to launch an NFC mobile phone payment pilot programme across the island.
8 - Royal Bank of Scotland to offer mobile banking via MoniLink.
12 - MasterCard is to work with GSM wireless network operators to pilot an international remittance system using mobile payments technology.
12 - An agreement with Telus will bring ClairMail's mobile banking systems to a large customer base in
12 - Vodafone and Citigroup announce worldwide mobile financial remittance venture.
13 - Bank of
13 - China Unicom and SmartPay launch 'mobile wallet' in Guangdong.
15 - Morgan Stanley credit card unit Discover Network is working with Motorola to trial a combined mobile account management and payment service
20 - Cyphermint announced that it has released the PayCash Mobile Wallet.
27 - Japanese telco NTT DoCoMo iteam with McDonald's to enable payment for purchases via customer mobile phones.
28 - Citibank and Obopay launch a pilot person-to-person mobile payment service for its credit and debit card customers.
March
9 -
15 -
16 - Masabi, the secure mobile applications company, today revealed a working prototype of a graphically rich, secure mobile banking application.
16 - Vodafone is teaming with German rail operator Deutsche Bahn to develop and implement a mobile phone-based electronic ticketing and payment service called Touch&Travel.
20 - Belgian payments network Banksys and network operators Base, Mobistar and Proximus launched a system for consumers to pay for high street purchases via mobile phone.
23 -
27 – Monitise team up with American fintech vendor Metavante to launch and operate a wireless payments and banking network in the
28 – Obopay announced the introduction of Obopay Checkout.
29 - Firethorn Holdings, LLC, confirmed today that Verizon Wireless is working with Firethorn to introduce its mobile banking and payments solution.
April
2 - Visa
2 - SmartPay and China Unicom team for mobile payments in Shandong
3 - Citibank launched a mobile banking application, called Citi Mobile, that customers can download to their hand sets
16 - The Mobey Forum has signed up Dutch banks ING and Rabobank and mobile operators Telenor, TeliaSonera and SK Telecom as new members
17 - MonVia, a specialty firm that helps accelerate the growth of early stage start-ups, today announced the launch of MobiBucks, a mobile payment solution
18 - Gresham Computing, the real-time financial solutions specialist, today announced the enhancement of its Clareti Connect product suite to include mobile banking
20 - Fidelity Express is teaming with e-payments outfit Cyphermint to launch a service that will enable its customers to pay bills using their mobile handsets
24 - Morse is to spin off its mobile banking arm Monitise and list the business on the AIM
24 - Altair Financial Services International has launched a totally revolutionary addition to Altair’s Prepaid Card services that makes use of SMS on mobile phones
27 - MFoundry announced a formal agreement with wireless leader Sprint that will bring mobile banking to subscribers
30 – Analyst report : Opportunities and challenges for m-banking and m-payments by Katy Jacob and Caroline Boyd of the Centre for Financial Services Innovation
30 - Japanese telco KDDI and Mitsubishi-Tokyo-UFJ Bank have joined forces to launch a mobile Internet banking business later this year
I know that we at Fundamo are busy with a number of accounts that we don’t even talk about. If this is the number of announcements then I don’t even want to know how many things are being worked on that people are not talking about at this stage. I think this is an absolute indication that the tipping point has been reached.