Mobile service providers will want to control that credentials process themselves, to retain a vital role in the mobile payments and mobile wallet businesses. Handset manufacturers, for the same reason, will want to maintain control of the credentials management to add value to their handsets and create the platform for new revenue streams.
Thursday, May 26, 2011
Google Mobile Wallet: Who Controls the SIM?
Google is expected to announce today its mobile wallet program, working with MasterCard. To do that Google will need to have control over the near field communications secure element, which it does on the Nexus S. That obviously raises the question of which participant in the ecosystem will control the credentials loading function as mobile wallet or NFC-based mobile payment services proliferate.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Google to Launch Mobile Wallet Today
Google on May 26, 2011 is expected to announce its new mobile payments service in partnership with MasterCard, Citibank, Spring and various retailers. The mobile wallet service will work for the moment on the Google Nexus S device that comes equipped natively with near field communications capability.
The service will use "PayPass" retailer terminals supplied by MasterCard. The program will launch in five cities, including New York,San Francisco, Los Angeles, Chicago and Washington, D.C in the summer of 2011. Macy's, American Eagle and Subway will feature the payment system alongside customer rewards programs.
In taking a mobile wallet approach, also now the stated goal of Isis, Google clearly is aiming not at the transaction revenue, but at other opportunities ranging from loyalty to local advertising and promotion.
In taking a mobile wallet approach, also now the stated goal of Isis, Google clearly is aiming not at the transaction revenue, but at other opportunities ranging from loyalty to local advertising and promotion.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Wednesday, May 25, 2011
PayPal Mobile generating $6M daily in total payment volume
Mobile payment volume on PayPal Mobile is expected to more than double by year’s end to cross $2 billion. The eBay-owned payments service currently generates up to $6 million in total payment volume each day.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Comcast Tests Over the Top Delivery
Comcast is getting ready to test its own streaming delivery system that would, in principle, allow Comcast to deliver linear programming to any customer with an Internet connection, regardless of whether they live in an area covered by Comcast's cable system.
That capability obviously will depend on getting content rights to do so, as well as a decision by Comcast about how to do so without cannibalizing its existing "in territory" operations, and without disrupting the industry's famously collegial approach to doing business, where cable operators simply do not directly compete against other cable operators.
Comcast executives say they simply want to deliver such video to customers in the current footprint for now. But it is one more potential brick in the foundation of full over the top delivery.
Comcast executives say they simply want to deliver such video to customers in the current footprint for now. But it is one more potential brick in the foundation of full over the top delivery.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Twitter Sees Content as a Big Opportunity
Among the opportunities Twitter sees for its ecosystem are monitoring, content curation, enterprise features, publishing and content. Those also are areas where Twitter seems to believe its partners can do better than Twitter itself.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
How Twitter 2.0 will make money
Twitter might not seem like a vehicle for banner ads, but that is what some observers think will be a new way for Twitter to capitalize on its growing audience. Also, there is the data mining.
Companies like ClearSpring and RadiumOne are mining what content is being shared by consumers and selling the data at a huge premium to advertisers who want to know what topics are trending and how to better target users.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Google Maps For Mobile Poised to Eclipse Desktop
Google Maps on mobile devices, which makes up about 40 percent of all Google Maps usage, is on pace to eclipse desktop usage for the first time next month, said Marissa Mayer, Google’s vice president of maps and local.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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