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Mobile Commerce News Weekly – Week of September 16, 2012

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

Also read Enterprise Mobility Asia News Weekly
Also read Field Mobility News Weekly
Also read M2M News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly

Worldwide mobile payments transactions are expected to reach $171.5 billion this year, up from $105.9 billion in 2011, research firm Gartner Inc. said in May. Read Original Content

According to eMarketer, Twitter will tally $129.7 million in U.S. mobile advertising revenue in 2012, compared with $72.7 million for Facebook. Read Original Content

Smartphone users worldwide will download more than 45 billion apps this year, nearly twice the number of apps that were downloaded in 2011, according to new data from the research group Gartner, in a clear sign of just how quickly the demand for apps is growing. Read Original Content

By the end of 2013, roughly 43 percent of bank customers are expected to be using a smartphone for banking on the go, according to The Federal Reserve. Read Original Content

Founded in 1979, DSI is a global provider of Enterprise Mobility Solutions®, helping companies worldwide increase productivity and profitability regardless of data source, device type, operating system or network connectivity.  DSI serves clients globally through its offices in Australia, Canada, China, France, Hong Kong, India, Japan, Singapore, the United Kingdom and the United States.  This newsletter is sponsored in part by DSI.

Chicago mobile ad spending in the financial and insurance category is expected to grow from $4.4 million in 2011 to $27 million in 2016. Read Original Content

Charles Schwab has announced mobile deposit capabilities for iPad users, enabling Schwab brokerage and Schwab Bank clients to deposit checks remotely by taking a picture of a check with an iPad camera. Read Original Content

Despite worries about Facebook’s ability to make money from mobile devices, new research predicts the social network's U.S. mobile-advertising revenue will quintuple next year, catapulting it into the top ranks of the mobile-ad business, behind market leader Google Inc. Read Original Content

Pakistan’s number of mobile banking accounts has reached 1.45 million, experiencing a growth of 37 percent during the quarter ending June 30,2012, a state bank official has said. Read Original Content

The proportion of web traffic via mobile will hit 20 percent this Christmas, according to IBM figures, and brands that fail to implement a mobile marketing strategy are losing out on sales by putting up “closed for business” signs in front of smartphone owners. Read Original Content

A recent study looking into the challenges of mobile commerce in Germany found almost 41 percent of smartphone users surveyed preferred a mobile optimized website over making purchases via a mobile app. Read Original Content

Isis, a venture of three big U.S. mobile providers, is delaying the launch of its mobile payments service for the second time this year, an executive for the company said on Thursday. Read Original Content

Amazon leads all other retailers on mobile shopping satisfaction, according to a new survey conducted by customer experience analytics firm ForeSee. Amazon scored 84 points out of a possible 100 on ForeSee's first Mobile Satisfaction Index, which measures metrics such as loyalty, recommendations and sales. Read Original Content

One-third of UK consumers expect to be using smartphones to do all their banking by 2020, while two-thirds of banks expect everyone to be using mobile banking in some capacity by 2017, according to a report released by business technology provider Avanade this week. Read Original Content

Dutch bank ING is expanding its mobile banking app to business customers. ING's mobile apps have already been downloaded over one million times and are used on average 16 million times per month, mainly for checking account balances. Read Original Content

PayPal is in the early stages of what may be a blockbuster mobile payments deal with McDonald's Corp, the world's biggest hamburger chain. Read Original Content

Brick-and-mortar stores still have an advantage over online retailers among tech-savvy shoppers. Two-thirds of shoppers say they use mobile devices to look up information about retailers or products, but only one-third say they make purchases with their smartphones. Read Original Content

Almost 90 percent of fashion retailers in the UK believe mobile should be an essential part of their business. However, a poll by m-commerce solutions firm MoPowered found perceived high costs, security concerns and a lack of resources prevents the vast majority from taking the plunge. Read Original Content

Sky Technologies has been making SAP mobility easy since 1998. With Sky, you can mobilize your business and empower your team with solutions that are quick to install, easy to use, highly secure, and already proven in hundreds of SAP mobility projects across the globe. This newsletter is sponsored in part by Sky Technologies.

eBay is entering the territory of mobile shopping app Shopkick with the latest update in the e-commerce giant’s barcode scanning app, RedLaser. eBay is adding geofencing to its RedLaser application. Read Original Content

Worldwide mobile ad revenues will jump from nearly $8 billion this year to $14.2 billion in 2014, according to Karsten Weide, a vice president with IDC, a global market intelligence and advisory services firm headquartered in Framingham. Read Original Content

InMobi, the largest independent mobile advertising network, announced it has experienced 437 percent growth in rich media ad impressions on its HTML5 ad authoring platform, Sprout, in the first eight months of 2012. Read Original Content

Whitepapers of Note

Kevin Benedict, Head Analyst for SMAC (Social, MOBILE, Analytics and Cloud), Cognizant
Read The Future of Work
Follow me on Twitter @krbenedict
Join the Strategic Enterprise Mobility Linkedin Group
Full Disclosure: I am a mobility analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles. These are my personal opinions only and do not necessarily represent those of my employer.

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More Stories By Kevin Benedict

Kevin Benedict is the Senior Analyst for Digital Transformation at Cognizant, a writer, speaker and SAP Mentor Alumnus. Follow him on Twitter @krbenedict. He is a popular speaker around the world on the topic of digital transformation and enterprise mobility. He maintains a busy schedule researching, writing and speaking at events in North America, Asia and Europe. He has over 25 years of experience working in the enterprise IT solutions industry.

@ThingsExpo Stories
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Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context w...
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Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete end-to-end walkthrough of the analysis from start to finish. Participants will also be given the pract...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
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Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.