Winners announced at the 2015 Awards

The great and the good from the global telecoms industry congregated in London last night for the 2015 Awards, celebrating outstanding achievements across the sector this year.

Mobile forecast to dominate electronic payments

Mobile phones will take an increasingly leading role in the payments space over the next five years as a result of technologies that allow safe storage of payment details in smartphones and other security improvements, reports Banking Technology.

Apple Pay UK launch marred by bank no shows

Apple Pay launched in the UK without the participation of most of the major banks, including HSBC, which was listed as a launch partner, but this morning faced customers taking to social media to complain that they can’t use the app.

UK mobile banking use forecast to double

The number of UK mobile banking users is set to almost double from 17.8 million to 32.6 million by 2020, according to a new report commissioned by Fiserv, writes Banking Technology. Online banking is still growing too, the research found.

Facebook introduces IM money transfers

Social media giant Facebook is the latest company to jump on the mobile commerce bandwagon with the introduction of the ability to transfer money via its Messenger IM tool.

Amdocs and Strex push SMS payments

SMS seems so last decade, but often the simplest technologies provide the easiest solutions. Amdocs has partnered with Norwegian SMS payments outfit Strex to promote this technology and see the rise of mobile wallets from the likes of Apple, Google and Samsung as complementary.

Mobile industry generated $3.3 trillion in 2014 – report

Analyst firm Boston Consulting reckons the mobile technologies industry was responsible for almost $3.3 trillion in revenues last year, and is responsible for 11 million jobs. However the study commissioned by Qualcomm also came to the conclusion that the challenges face by mobile players will require investment of $4 trillion over the next five years.

Millicom makes mobile money move

Telecoms company Millicom has stepped up its push to gain ground for its mobile money service in the east African country of Tanzania, home to 47 million people, as competition heats up between operators seeking to pounce on the boom of mobile money in three African nations.

EE NFC handsets compatible with London buses

UK carrier EE this week enabled its own flavour of NFC, dubbed Cash on Tap, for London’s bus network, allowing customers to use their phone in lieu of an Oyster card or contactless debit card. Users will need an EE handset and an NFC-capable SIM.

US mobile payment firm LoopPay wins Visa funding

Mobile payments provider LoopPay has secured funding from global payments firm Visa, the company has revealed, without saying how much is involved. The US company, which launched earlier this year, is pioneering a technology that capitalises on the installed based of magnetic stripe-reader point-of-sale systems rather than NFC, which is the current favourite in mobile payment circles.

Twitter builds commerce model with CardSpring buy

Social network Twitter has acquired payments infrastructure firm CardSpring for an undisclosed sum. The San Francisco-based startup develops a web service API that makes it easy for payment companies and point-of-sale vendors to work with developers to create card-linked services.

Deutsche Telekom launches mobile wallet

German operator group Deutsche Telekom has launched a mobile wallet service in its domestic market. The operator also plans to extend the offering to further markets; to Slovakia in mid-May and in Hungary later this year.

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