This paper describes, explores and assesses a variety of strategic options for banks and financial institutions relative to mobile wallet technology. It contends that the number, strength and diversity of stakeholders present in the mobile wallet ecosystem requires banks to adopt a very different approach from that which they have become accustomed to. It asserts…
This document presents an overview of the current security trends related to the mobile payments market. It outlines NFC technology related threats and vulnerabilities, and explains how these could affect the entire contactless payment ecosystem. It summarises the vulnerabilities and threats in NFC mobile services and offers a description of the risks NFC functionalities face…
Financial institutions and other stakeholders looking to deliver mobile wallet solutions must consider carefully their go-to-market strategy in order to establish a clear roadmap for development of a solution that will support them in the long-term. Executive Summary Despite all the hype and industry excitement, mobile wallets remain in early stage development. This white…
Mobey Forum’s latest white paper highlights the mobile point of sale (MPOS) revolution in North America and Europe and analyses how new industry players, unconstrained by traditional thinking, have driven forward this disruptive technology. The paper investigates the factors influencing the growth of the MPOS ecosystem and its transition from a point solution for micro-merchants…
“The Hidden Controls”, part 3 in Mobey Forum’s series of white papers on the mobile wallet considers the external forces that will dictate how consumers and merchants engage with mobile wallet technology. The paper defines and analyses a series of ‘hidden control points’, which map the commercial battlegrounds where stakeholders will vie to influence both acceptance…
As with any new commercial proposition, the early stages of development are extremely important to its ultimate success or failure. Mobey Forum believes that the most effective way for the industry to create successful mobile wallet business is by adopting an open systems approach in which any mobile wallet can access and be served by…