26 January, 2011, Helsinki – Bank of America, BNP Paribas and PostFinance have become the latest organisations to join Mobey Forum, the not-for-profit global leader in defining a sustainable and prosperous mobile financial services ecosystem.
Mobey Forum welcomes the three organisations at its first members meeting for 2011, which is being held in Brussels this week, 26 and 27 January. Joining Mobey Forum as Full Members, these financial institutions will actively engage in the work of the association to accelerate the mass market deployment of mobile financial services.
Alongside Mobey Forum’s other members which include banks, financial institutions, mobile network operators, mobile handset manufacturers, payment processors and vendors – with the bank members alone representing more than 450 million banking customers globally, (25% of the global base) – Bank of America, BNP Paribas and PostFinance will contribute to Mobey Forum’s dedicated task forces, workgroups and member meetings. These focused sessions aim to identify ways to educate the market through the creation of accessible collateral such as white papers, encourage debate and interaction on the realisation of mobile payments, share knowledge as markets converge, as well as identify and promote industry best practice.
Ron van Wezel, Chairman of Mobey Forum and Director of Emerging Payment Streams at Deutsche Bank, comments: “It is an honour for Mobey Forum to welcome such respected and renowned names to its continually growing membership ranks. Their knowledge base and wealth of skills and experiences will add value to the in-depth analysis that is currently being executed to achieve user-convenient and profitable mobile financial services.”
This latest news follows an announcement in October 2010 from Mobey Forum that its membership now represents over 25% of banking customers globally. Mr. Van Wezel adds: “It is without doubt a very exciting time for the mobile payments market; something which is reflected in Mobey Forum’s growing membership base and the general enquiries that we are receiving from around the world. Many trials have been successfully undertaken and today’s technology can support the market’s requirements. It is now time to combine this knowledge to achieve the mass market deployments both consumers and businesses are ready to adopt.”