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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
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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.

Read the original blog entry...

More Stories By Kevin Benedict

Kevin Benedict is an opinionated Senior Analyst at Cognizant's Center for the Future of Work, SAP Mentor Alumnus, speaker, writer, and mobile and digital strategies expert. He is a popular keynote speaker, and in the past three years he has shared his insights into mobile and digital strategies with companies in 17 different countries. He has over 30 years of experience working with enterprise applications, and he is a veteran mobile industry executive. He wrote the Forward to SAP Press' bestselling book on enterprise mobility titled Mobilizing Your Enterprise with SAP, and he has written over 3,000 articles.

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