The existence of mobile wallet services operated by Google, PayPal and Isis raises an obvious question: which contestants will “win” the battle to become the dominant or leading wallet services? In principle, one might argue that over-the-top application providers, mobile … Continue reading
Michael Abbott, the CEO of carrier-backed mobile payments joint venture Isis, has an interesting take on rival Google Wallet: “It’s the best thing that could happen.” You might think that an odd thing for one competitor to say about another … Continue reading
It might not make as much sense for consumers to use multiple “mobile wallet services” compared to a single repository for credentials, but on the other hand there might be some compelling reasons to do so, as when a particular … Continue reading
Gemalto CEO Piou apparently believes the Isis initiative including AT&T and Verizon Wireless actually will wind up competing with Visa and MasterCard Worldwide, despite the “wallet” approach Isis now is taking. Caveat: it always is possible that Piou was misquoted. … Continue reading
Six of the top 10 mobile phone makers worldwide will introduce NFC phones that would support the Isis wallet and mobile-commerce applications, the Isis joint venture announced today, potentially offering a larger pool of handsets than Google could offer for … Continue reading
VeriFone Systems Inc posted better-than-expected quarterly results and raised its full-year outlook as it ropes in more customers for mobile payment technologies. VeriFone, whose customers are primarily financial institutions, payment processors, petroleum companies and retailers, is seeing growing demand for … Continue reading
Verizon Wireless, AT&T and T- Mobile USA plan to invest $100 million in their Isis mobile wallet venture, Bloomberg reports. The amount of funding depends on how successful Isis is at attracting banks and merchants. $100M for Isis Separately, Visa is … Continue reading
According to Isis, Austin was chosen for a pilot program (Salt Lake City is other test site) because they think the city will net them the greatest opportunity for market adoption. Austin’s demographics, business and technology opportunities, and unique culture make … Continue reading
Isis, the mobile payments venture owned by AT&T, Verizon Wireless and T-Mobile USA, now says it will be a “delivery engine” for banks and payment networks to provision and manage their applications on NFC phones. Isis also said it will … Continue reading
Unintended consequences always occur when any major piece of national legislation gets passed by the U.S. Congress. If you choose to believe it was a major issue (some will suggest other plausible alternative explanations), AT&T says the Dodd-Frank financial reform … Continue reading