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Deutsche Bank To Use IM Within M-Payments

Mobile instant messaging (IM) is central to a new mCommerce solution from e-Vantage Solutions and Slam Dunk Networks, which both audits and guarantees the delivery and receipt of instant messages. In fact, e-Vantage is now implementing its TMX (Transaction and Message Exchange) messaging platform as a solution for Deutsche Bank's retail investment clients, which will use it for mobile payment services. This implementation will leverage Slam Dunk's secure tracking service via e-Vantage's TMX middleware, and m-payment services from paybox.net, which is being launched in March to serve financial entities and corporations.

Because financial services firms have until now been unable to audit or guarantee the delivery or receipt of IM, e-Vantage and Slam Dunk say they can ensure compliance with SEC guidelines for wireless transactions. Furthermore, "a competitive edge" is provided in that each message is "automatically archived within the system, and is audited as it moves from point to point along the network". In a different take on mCommerce, Massachusetts firm, Mitigo, is licensing its CodePoint barcode reader product to the makers of mobile devices, to allow end users to buy tickets or book vacations while on the move.

"User interfaces on handhelds are not designed for shopping and buying", says Mitigo CEO, Kevin Wells, and "keypads are badly suited for mCommerce ...it takes 32 clicks just to get to the Amazon home page". On this basis, Mitigo is promoting new point-of-sale venues for mCommerce, such as the placement of barcodes on print adverts, product packaging, billboards and TV commercials. As an example, wireless subscribers using Mitigo's CodePoint software, which centers on a digital camera attachment, can buy concert tickets by pointing the camera at a poster, and letting the software 'read' the data into the device.

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