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Industry
MasterCard and Google Inc., is dedicated to creating Allied Market Research predicted the annual com-
security standards for mobile devices. pound growth rate for global mobile wallet adoption
will remain at 127.5 percent 2020. In Mobile Wallet
20.2 billion checks produced in 2013 Market (Applications, Mode of Payment, Stakeholders and
Geography) – Global Share, Size, Industry Analysis, Trends,
Based on Philadelphia Federal Reserve research from Opportunities, Growth and Forecast, 2012 – 2020, Allied
2009, digital check payment platform provider Zipmark estimated sales in this market will reach $5.25 trillion
Inc. estimated that 20.2 billion paper checks produced in 2020, led by mobile commerce, ticketing and money
in 2013. Zipmark said checks still represent the primary transfer transactions.
form of payment processed by small businesses like
landlords, doctor offices and accounting firms. European e-commerce fraud report
RESEARCH Ogone, an Ingenico company, released findings from its
first pan-European survey of e-commerce companies to
determine what measures companies have undertaken
Sizing up mPOS market to combat online fraud and expectations pertaining to
fraud management. In the final report, Online & Mobile
A Mobey Forum white paper titled The mPOS Strategy:
Shifting the Balance of Power detailed how mobile POS Payments: New Opportunities & Threats, respondent seg-
mentation by region was predominant in terms of fraud
solutions might affect the established four-party pay-
ment model (cardholder, merchant, acquirer and issuer). management tactics and resultant levels of card-not-
present fraud reported.
The paper also identified potential winners and losers in
the mPOS marketplace and a strategic evaluation frame- Case for cashless campuses
work to help financial institutions maintain market posi-
tion and take advantage of mPOS opportunities. Apriva released a video case study that revealed the
benefits of cashless payments and vending operation
integration with existing campus card payment infra-
Mobile wallet forecast 2020 structures. "Many campuses around the United States
and Canada are actively exploring the feasibility of
leveraging cashless payments as a means to increase rev-
enue and satisfy consumer demand," said Stacey Finley
Tappin, Apriva Senior Vice President, North American
Sales and Marketing Communications.
PARTNERSHIPS
AnywhereCommerce mobilizes Moneris
AnywhereCommerce inked a deal with Moneris Solutions
Corp. to make its mobile POS technology available
to select Moneris merchants globally. Leveraging the
patented technology, Moneris merchants can now accept
credit, debit and gift card payments via their mobile
devices.
Connecticut dentists endorse Singular
Singular Payments received the endorsement of the
Connecticut State Dental Association to become the
preferred provider of merchant services to the CSDA's
1,900 member dentists. In addition to payment services,
Singular said it will offer member education on such top-
ics as PCI compliance, the Affordable Care Act and other
relevant topics.
Merchant Warehouse teams with CSI
Merchant Warehouse entered a partnership agreement
with CSI Enterprises Inc., integrating its payment ser-
vices with CSI's globalVCard suite of secure payment
solutions comprised of virtual credit cards, mobile pay-
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