News

• UTS, Leadbolt to lead research on mobile commerce standard

  The Communications Law Centre (CLC) at the University of Technology, Sydney and mobile advertising company Leadbolt have teamed up to develop a mobile commerce standard.

• Woolworths online sales up 118 per cent

  Woolworths Limited (ASX:WOW) has posted a 118 per cent increase in its total online sales for the 2012 half financial year, thanks in large to its growing online profile.

• St George releases Android mobile banking app

  St George bank has released what it claims is the first mobile banking application for Android smartphones in Australia.

• PayPal: Singapore gov't can 'make' mobile e-commerce market

  Unsure that market forces alone can do the job, PayPal is betting Singapore's government can spur the development and adoption of mobile e-commerce applications in the Southeast Asian city-state.

• MasterCard lets iPhone owners send or receive money with app

  Using MasterCard's MoneySend application, iPhone and iPad users will be able to send or receive money using their phone or tablet, the card company said on Thursday.

• IPhone mobile payments trial to begin soon

  Visa expects soon to begin trials of contactless payments system for Apple's iPhone, using a special case for the phone developed by DeviceFidelity.

• PayPal bumps up mobile commerce with iPhone app

  Payment gateway and service provider PayPal has launched version 2.0 of its Send Money mobile commerce application which supports transfers by “bumping” iPhones together.

• First Data, Tyfone work on mobile wallet

  Tyfone is putting the pieces together for a commercial mobile wallet offering, forming an alliance with First Data.

• Mobile banking faces uphill battle in mature markets

  The mobile phone is turning into the platform of choice for banking in emerging markets. In developed markets, however, the phone has struggled to compete with existing payment methods, and the challenges aren't going away in 2010.

• Money transfers to become hottest mobile app, says Gartner

  Money transfers and payments over mobile phones will be among the top 10 most important mobile applications by 2012, market research company Gartner said on Wednesday.

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  Ericsson courts online publishers with mobile payments

  Ericsson will soon launch a platform designed to let consumers buy online content such as news stories with the charge billed to their mobile phone rather than other payment methods, such as a credit card.

• Nokia enters increasingly crowded mobile money market

  Nokia is getting ready to launch Nokia Money, which will offer basic financial services on mobile phones, it said on Wednesday.

• MoBank app takes shopping to the iPhone in the UK

  iPhone and iPod Touch owners in the U.K. will be able to use their devices to buy and pay for goods using a new application from MoBank.

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  RTA's e-tag petrol payments move slammed by motorists

  The New South Wales Roads and Traffic Authority (RTA) is set to overhaul its tolling business by allowing motorists to purchase petrol using their personal e-tags, but this has already received criticism because of the millions of dollars it could potentially add to the organisation’s coffers.

• Mobile commerce apps gaining ground in US

  Mobile payment and mobile commerce applications are proliferating in the U.S., but the adoption of Near Field Communications (NFC) technology that allows mobile phone customers to quickly tap a mobile phone and pay for a subway ride or a grocery store purchase is years away, several industry officials said at a conference here.