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Mobile Commerce News Weekly – Week of January 5, 2014

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

Also read Enterprise Mobility Asia News Weekly
Also read Field Mobility News Weekly
Also read M2M News Weekly
Also read Mobile Cyber Security News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly

Looking for an enterprise mobility solution?  Read the Mobile Solution Directory Here!

Security experts this month tested 275 Apple iOS- and Android-based mobile banking apps from 50 major financial institutions, 50 large regional banks, and 50 large U.S. credit unions. Overall, they found eight out of ten apps were improperly configured and not built using best practices software development. Read Original Content

Annual retail payments on mobile handsets and tablets are expected to reach $707 billion by 2018, representing 30 percent of all e-retail by that time, according to Juniper Research. Read Original Content

According to Monetate, e-commerce traffic from smartphones and tablets rose three percent in the last quarter. Tablets make up about two-thirds of m-commerce, while smartphones account for around one-third of m-commerce traffic and roughly ten percent of all e-commerce traffic. Read Original Content

The True Cost of Mobility - a new whitepaper - Enterprise corporations are under tremendous pressure to develop and deploy mobile apps for their business systems, yet the traditional approach to mobile app development typically costs $250K+ and takes 6+ months for a single app.  IT professionals are exploring platforms that radically reduce costs and time-to-market for their mobile initiatives, especially around complex applications such as SAP, Oracle, or custom applications. Whitepaper download link - https://www.capriza.com/resources/whitepapers/?resource=true-cost-of-enterprise-mobility&adgroup=MES

Australian m-commerce grew by 30 percent in 2013, accounting for AUS$4.9 billion or 27 percent of all online shopping purchases, reports Frost and Sullivan. Read Original Content

More than 50 percent of Amazon shoppers browsed for holiday gifts from their mobile devices throughout the holiday season, reports Mobile Commerce Daily. Wilson Kerr, vice president of business development and sales at Unbound Commerce, thinks Amazon will have generated more than $US20 billion in mobile commerce revenue for all of 2013. Read Original Content

Amazon has acquired San Francisco-based mobile commerce outfit GoPago, according to press reports, putting it in competition with the likes of Square and PayPal. Read Original Content

According to a report by 41st Parameter, mobile commerce has grown by 35 percent since the beginning of the year, with e-commerce of all kinds growing by 15 percent over the same period. Approximately eight percent of mobile sales were made through a smartphone, with 13 percent coming from tablet devices. Read Original Content

BIA/Kelsey recently reported 40 percent of small and medium-sized businesses surveyed for its Local Commerce Monitor study now accept payments at the point of sale with a mobile credit card reader attached to a smartphone or tablet, and another 16 percent plan to add this capability within the next 12 months. Read Original Content

PayPal has announced its acquisition of StackMob, a technology development firm with a focus on the mobile sector. The move is expected to improve PayPal’s already considerable presence in the mobile space by giving the company access to innovative tools that have been developed by StackMob. Read Original Content

A new report has recently been released by yStats.com, a secondary market research company based in Hamburg, Germany, which has suggested European mobile payments is a growing trend in the continent. Read Original Content

A new survey from Marketing Land and SurveyMonkey suggest consumers primarily use their smartphones for in-store research rather than for mobile payments. Read Original Content

The Bitcoin smartphone wallet is increasing by a rate of about 5,000 users each day, up from 500 daily at the start of 2013. Read Original Content

In the last year, there have been well over $638 million in investments made into companies and startups addressing mobile commerce in Southeast Asia. Online marketers see great potential in this region, and are working hard to capitalize on it. Read Original Content

Indian e-commerce, pegged at $9.5 billion according to a study by the Internet & Mobile Association of India and KPMG, is projected to grow to $12.6 billion by the end of this year. Read Original Content

Recent Articles by Kevin Benedict

GEOINT, Google Field Trip, GIS and the Digital World
A New Perspective on Enterprise Mobility and 2014 Requirements, Part 2
A New Perspective on Enterprise Mobility and 2014 Requirements, Part 1
Operational Tempo, Faster than Real-Time, Enterprise Mobility and the Next Y2K Event
Digital Transformation, 3D Laser Scanning of Assets, Mobile Devices and Field Services
Digital Transformation, Mobile Technologies and Customer Engagement Models - Transilio

Videos of Note

ROI Calculation for Optimizing the Mobile Workforce

Webinars of Note (Recorded)

Build an app in two minutes
Building Effective Mobile Business Screens
Mobile Apps For JD Edwards

Whitepapers of Note

4 Tips for Effective Mobile Screens
10 Tips To Design Effective Mobile Screens For Business
Don't Get SMACked - How Social, Mobile, Analytics and Cloud are Reshaping the Enterprise
Making BYOD Work for Your Organization

*************************************************************
Kevin Benedict
Senior Analyst, Digital Transformation Cognizant
View my profile on LinkedIn
Learn about mobile strategies at MobileEnterpriseStrategies.com
Follow me on Twitter @krbenedict
Join the Linkedin Group Strategic Enterprise Mobility

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

Read the original blog entry...

More Stories By Kevin Benedict

Kevin Benedict is an opinionated Senior Analyst at Cognizant's Center for the Future of Work, SAP Mentor Alumnus, speaker, writer, and mobile and digital strategies expert. He is a popular keynote speaker, and in the past three years he has shared his insights into mobile and digital strategies with companies in 17 different countries. He has over 30 years of experience working with enterprise applications, and he is a veteran mobile industry executive. He wrote the Forward to SAP Press' bestselling book on enterprise mobility titled Mobilizing Your Enterprise with SAP, and he has written over 3,000 articles.

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