Back in February of this year, when the threat of COVID was becoming a global cause for concern, we posed the question on this site about whether 2020 would be the year of the QR code.
There’s a counter on the homepage of the GSMA’s website which tells you that today, there are some 5.1 billion unique mobile subscribers in the world. Elsewhere in its pages you can see that there are now more than one billion registered mobile money accounts – that’s one in five of the world’s mobile subscribers.
Payments consultancy CMSPI believes the looming deadline in Europe for retailers to comply with the regulations around Strong Customer Authentication (SCA) for online sales could cause further damage to an industry already suffering from the effects of severely reduced in-store footfall.
The modern mobile industry is only a little over 30 years old – the mobile money market barely a decade. Yet the power of that mobile device to change habits and revolutionise the way we live is both breathtaking and undiminished. The GSMA released a report this month that showed there are now more than one billion mobile money accounts active in the world.
In his speech, Joachim talks about the most relevant trends in the development of technologies, the behavior of a new generation of travelers and the challenges that the tourism industry expects in the coming years.
At February's Travel Technology Europe show in Olympia, instant interaction specialists Ensygnia, demonstrated and launched a new smartphone-based check-in and payment system that could help virtually eliminate hotel check-in queues.
Travel Technology Europe show: instant interaction specialists Ensygnia, will demonstrate and launch a new smartphone-based check-in and payment system that could help virtually eliminate hotel check-in queues.
At this years Mobile World Congress event - Samsung revealed its plans to enter the mobile payments market. Last month we learnt of Samsung's acquisition of the US based company LoopPay.
Ensygnia's CEO, Richard H Harris, will again be taking part in the main conference. On the third day of the conference, Wednesday 4 March, Richard Harris will take part in a panel about Mobile innovation
A new survey shows that a third of the UK population believe payments made on a smartphone will become the most prevalent form of payments by 2020, outstripping transactions made by debit or credit cards.
Solutions like Onescan - which work across many different handsets and infrastructure platforms, both in-store and online - are ideally placed to take advantage of that growth and the 520 million smartphones and counting.
"I've made billions of dollars of failures at Amazon.com. Literally billions. … Companies that don’t embrace failure and continue to experiment eventually get in the desperate position where the only thing they can do is make a Hail Mary bet at the end of their corporate existence."