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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
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Quid Puts FinovateSpring Companies through its Big Data Algorithm - Finovate

Quid Puts FinovateSpring Companies through its Big Data Algorithm - Finovate | Payments 2.0 | Scoop.it

Summary: San Francisco-based data analytics company QUID recently compared the FinovateSpring 2012 presenters against its database of 800 financial services companies. The following were determined to be the most unique and valuable...:

1. DeviceFidelity: operator and device-independent solutions for mobile apps

2. Silver Tail Systems: web intelligence for security

3. Edo Interactive: connects advertising with card data

4. Dwolla: mobile and online direct transfer payments

5. On Deck Capital: technology-assisted lending of working capital to SMBs

6. BillGuard: free personal finance security service

7. Klarna: escrow payment service for online shopping

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DeviceFidelity begins shipping Moneto's NFC microSDs to consumers • NFC World

DeviceFidelity begins shipping Moneto's NFC microSDs to consumers • NFC World | Payments 2.0 | Scoop.it

"US iPhone users can now order a case containing an NFC microSD card online and use it to make payments with their mobile phone" using Mastercard's PayPass

 

Note: Fees tat consumers have to pay for the convenience of contactless payments seem high: US$79.95 for iPhones, $39.95 for Android + monthly fee of $4.95 for University National Bank

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DeviceFidelity raises funds, signs strategic partnership with Datacard • NFC World

DeviceFidelity raises funds, signs strategic partnership with Datacard • NFC World | Payments 2.0 | Scoop.it

"Datacard will offer [DeviceFidelity']s In2Pay NFC-on-microSD tech to its clients"

 

"Financial institutions will have a great opportunity to capitalize on this by easily complementing their card programs without having to make major infrastructure changes to their existing processes," says the card giant's Russell St John.

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DeviceFidelity, MasterCard Launch MONETO a Mobile Payment Solution for iPhones - American Banker

DeviceFidelity, MasterCard Launch MONETO a Mobile Payment Solution for iPhones - American Banker | Payments 2.0 | Scoop.it

"DeviceFidelity ... has partnered with Spring Card Systems to create a mobile payment app [called moneto] that works with DeviceFidelity's microSD card and communicates with MasterCard PayPass point-of-sale terminals."

 

Comment: article highlights the potential advantages of microSD-based contactless payments over SIM card-based solutions, for example for phones that are not NFC enabled.

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