Europe's Transaction Values Lagging US
European eCommerce continues to lag that of the US, with transaction values in the UK, Germany and Netherlands averaging about 60 per cent of those in the US, according to a joint Gartner-Cisco study....
US Issuers Need Reason To Migrate To Chip
While Visa International wants its entire US networks to be chip-enabled by 2006, Claire Pagnaiez, of Frost & Sullivan, believes that chip cards will take 10 years to achieve the penetration rate of m...
Micropayments To Drive Mobile Banking
Although Jacob Goldman, of Ericsson, concedes that "the mCommerce market is far, far away from critical mass", he believes it will boom once "enough critical service factors coalesce". Psion's David L...
E-Purses: 'Payment Tools With Added Value'
In a new report, "E-Purses: Future Money or False Dawn?", Lafferty Publications advises vendors to promote smart card-based e-purses as "strong payment tools offering real added-value". Under the EMV ...
Nilson: Case For Chip Cards Not Yet Proven
The Nilson Report claims the business case for chip-enabling credit cards in the US to "exist only in theory", with no proof that either issuers or acquirers will achieve a near-term return on investm...
IDC: ISPs In Asia-Pacific Must Diversify
IDC has advised ISPs in the Asia-Pacific to diversify their business strategies and 'move up the value chain' because the offering of free Internet access is no longer a sustainable business model. Re...
Lack of Payment Systems Stalls Global B2B
The lack of effective B2B payment systems deters a large proportion of non-US firms from buying online, with data security
While eMarketer expects online consumers to spend an average of USD 280.27 online before year's end, AmEx puts this figure at USD 585, Deloitte & Touche, at USD 264, with Forrester coming in at USD 23...
Ericsson is spinning off its Bluetooth operations into a new unit, a move prompting Datamonitor to guess the firm to be moving away from consumer products, to network infrastructure and technology lic...
Although analysts expected Asia to lead the WAP charge on the basis of the success of NTT DoCoMo's iMode, the number of WAP users outside of Japan is so small as to be ignored by researchers. China's ...
With IDC predicting the EBPP market in Asia to grow from USD2 million in 1999, to USD145 million in 2004, EBPP vendor, Avolent Inc, has partnered with EBPP solutions provider, Asia Financial Network. ...
Although research firm, Strategis Group, suggests two-thirds of Americans with wireless devices to lack interest in
Gartner Group has found that only 17 per cent of 127 million US Internet users wish to view their bills online, with 49.4 per cent preferring to receive their bills by mail, and 33.8 per cent simply b...
Chase Manhattan is pursuing "a tremendous growth opportunity" in the credit card industry by acquiring the operations of the commercial credit card-issuing subsidiary of Paymentech. The deal, due to c...
Telecom operators in China want "to reverse the slide in average subscriber revenue with the introduction of more attractive service packages, especially mobile Internet products", according to Gartne...
Brazilian electronic payment firm, Tecnologia Bancaria (TecBan) has spent USD 1 million on developing a secure online debit card payment system, Cheque Eletronico, to complement its current POS system...
Amidst concrete moves by the credit card organizations to address online card fraud, eMarketer cites reports from Visa and MasterCard that fraud rates for online payments largely resemble the offline ...
Trintech has acquired Exceptis Technologies (formerly Peregrine Systems) for the sum of approximately USD 26 million, in a move said by CEO, Cyril McGuire, to be "consistent with Trintech's growth str...
Internet and mobile communications are driving the Latin American telecommunications market, which is expected to be worth USD 92 billion by 2004, according to Chris Neal, of Pyramid
While Nielsen/NetRatings expects one in five Americans to visit eCommerce sites next month, Jupiter Research predicts 35
Analysts: 'Web Holiday Sales Will Double'
Ericsson Spins Off Separate Bluetooth Unit
Ovum Fears WAP BackLash Even With 3G
Avolent Extends EBPP Reach With AFN Deal
Yahoo!, AT&T Ramp Mobile Retail Services
Gartner: Americans Reluctant To Use EBPP
Chase Acquires Paymentech's Card Ops
China: Carriers Eye Mobile Internet Products
TecBan Unveils Secure Online Debit System
Online Fraud Rate 'Roughly Same As' Offline
Trintech Acquires Exceptis Technologies
Pyramid Sees mCommerce In Latin America
Global Online Spending To Top USD 20 Bn