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Mobile Banking and Payments, April 2009: Leaders, Laggards, and New Trends

Product Type: Market Research Report
Published by: TowerGroup
Published: June 2009
Product Code: R301-1653
Description
The mobile payments market got a major boost in April from the launch of the first commercially available near field communication (NFC) deployment in Asia.

Burgeoning consumer demand is driving new entrants into the mobile arena, including a key player in social banking.

Western Union and VeriSign are putting their weight behind mobile bill payment in collaboration with an auto financing company to extend the reach of mobile financial services to underbanked consumers.

Activity in the mobile banking market is picking up after the contract drought of the fourth quarter of 2008 as vendors chart a course for 50% growth in 2009.
Table of Contents
Report Coverage

Commercial Announcements Fan the NFC Flame

Western Union and VeriSign Join Forces for Mobile Bill Payment

SmartyPig Is Getting Smart About Mobile

Recovery from the Q4 2008 Contract Drought Is Under Way

Summary
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