TITLE

Joint Venture Aims to Break NFC Logjam

PUB. DATE
September 2010
SOURCE
Bank Technology News;Sep2010, Vol. 23 Issue 9, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents a report from Bloomberg LP regarding the partnership deal of Barclays PLC with AT&T Inc., Verizon Communications Inc. and T-Mobile Ltd. for the creation of a mobile proximity payments platform which will set trials in U.S. including Texas, Minnesota and Utah. Red Gillen, a senior banking analyst at Celent LLC, states that the deal was one of the clearest paths to mobile proximity in the U.S. It mentions that Apple Inc. was the real target of the venture in mobile payments.
ACCESSION #
54479462

 

Related Articles

  • Can a Phone Become Your Digital Wallet? McDonald, Anne B. // PCWorld;Mar2011, Vol. 29 Issue 3, p22 

    The article focuses on the use of near field communication (NFC), a technology that enables consumers to pay using their cell phones, in the U.S. With NFC, purchases are made by tapping their mobile phone against a reader and entering a personal identification number (PIN) on the phone to verify...

  • Verizon Likely to Follow ATT's Move to End Unlimited Data Pricing.  // Channel Insider;6/5/2010, p1 

    The article focuses on analysts' insights on the plans of several mobile data providers after AT&T Inc.'s change on mobile data services. It says that Verizon Communications Inc. will plan to end its unlimited pricing and charge its users through metered rate after AT&T halves the fees on mobile...

  • Google Wallet Said To Put Pressure On Isis. Johnson, Andrew // CardLine;5/27/2011, Vol. 11 Issue 21, p30 

    The article reports that Google Inc.'s new mobile payment system "Google Wallet" is likely to put pressure on Isis, the wireless carrier-backed joint venture trying to develop a competing system. AT&T Inc., T-Mobile USA and Verizon Wireless had announced the formation of Isis in November 2010....

  • CITI INTRODUCES MOBILE SERVICE FOR ITS CREDIT CARDHOLDERS.  // CardLine;11/21/2008, Vol. 8 Issue 47, p29 

    The article reports that Citigroup Inc. has introduced a mobile-banking service for its credit card customers who use AT&T Inc. or Verizon's cellular telephone service. Cardholders can use the software to check balances and credit availability, review recent transactions, and get rewards...

  • TWO MOBILE MODELS. Bruno, Antony // Billboard;8/11/2007, Vol. 119 Issue 32, p8 

    The article compares the differing business models for mobile music used by AT&T and Verizon. Verizon has obtained exclusive license to the entire catalog of legendary hard rock band AC/DC, which it is selling through its VCast Music online store. AT&T has declined to establish an exclusive...

  • A Mobile-Pay Play Bars Banks, But Opens Doors. Wade, Will // American Banker;8/3/2010, Vol. 175 Issue 118, p1 

    The article examines a report by the news service Bloomberg News that major wireless communications companies including Verizon and AT&T are working to develop a payment system which would be available for mobile commerce by users of their mobile communications systems. A previous lack of...

  • GE Capital Vet Abbott To Lead Telco Mobile-Payments Initiative. Johnson, Andrew // CardLine;11/19/2010, Vol. 10 Issue 48, p13 

    The article offers information on Isis, a mobile payment joint venture of AT&T Inc., T-Mobile USA Inc. and Verizon Communications Inc. which would route contactless transactions over Discover Financial Services network. It also reports on Michael Abbott as leading the mobile-commerce network. It...

  • AT&T Getting Ready To Offer Obopay Mobile-Payments Service.  // ISO & Agent Weekly;2/7/2008, Vol. 4 Issue 5, p3 

    The article reports on the plan of AT&T Inc. to offer consumers a mobile-payments service from Obopay Inc. in the U.S. The agreement will make the mobile carrier the second major mobile operator that Obopay has signed up to offer its service. The service allows young and unbanked subscribers to...

  • Discover Plays Up Mobile, Plays Down Fed Debit Rate Proposal. Sposito, Sean // CardLine;12/17/2010, Vol. 10 Issue 52, p31 

    The article offers information on Discover Financial Services' payment systems and deal with wireless carriers. It is stated that the company agreed to a deal with AT&T Inc., T-Mobile USA Inc. and Verizon Communications Inc. for the payment system, Iris, which also involves Barclays PLC's...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics