Get the latest announcements from MEF Members across the mobile ecosystem globally in this weekly review of member news…
Indonesia’s financial institutions and retailers can easily accept EMV, NFC and bill payments thanks to Wirecard and Ingenico’s POS terminal partnership.
The two firms’ subsidiaries joined forces to launch the scheme, with Wirecard powering the payment processing and Ingenico providing the terminals. The POS does payments, but also merchant management, transaction processing, and risk management.
Programmatic ad giant PubMatic is working with 1,500 premium publishers in the Media 122 network. It says it has driven a 47 per cent increase in revenue associated with video assets as a result.
Inventory from Media 122’s network of premium publishers is now available on PubMatic’s Media Buyer Console, which lets buyers create premium inventory packages. Media 122 sees nearly 15 billion video ad requests per month.
Kirk McDonald, President of PubMatic, said: “As demand for quality video inventory continues to explode, publishers need a technology partner that will empower them to serve this growth while optimizing monetization of these assets.”
Operators will find the new version of mobiquity Wallet simpler to use and with improved features on tax, fraud detection and more.
Mahindra Comviva has just launched version two of the wallet, which lets operators build and manage their own mobile payment services.
The first version achieved some notable firsts, such as powering South Asia’s first HCE transactions for a leading bank. Now mobiquity Wallet 2.0 brings more improvements such as:
- Easy-to-use, GUI
- Rule-based procedures on service charges and taxation
- Fraud management framework
- Easy to use administration portal
Srinivas Nidugondi, SVP & Head of Mobile Financial Solutions, Mahindra Comviva said: “This platform will help digital wallet providers – banks, retailers or network operators – to simplify operations at the backend by providing flexible frameworks and simple interface driven business definition.”
MasterCard will pay around $920 million to buy 92.4 per cent of VocaLink, the UK payment tech platform.
VocaLinc is JV set up by UK banks to speed up and smooth out the country’s payments infrastructure. As such it was responsible for innovations such as:
- BACS – the Automated Clearing House (ACH) enabling direct credit and direct debit payments between bank accounts
- Faster Payments – the real-time account-to-account service enabling payments via mobile, internet and telephone
- LINK – the UK ATM network
It also owns Zapp, the service that enables consumers to buy from merchants using their banking apps. Zapp has gathered lots of support from banks and processors, but has yet to go live.
Rakshit Kapoor is to lead India operations for Docomo Digital. He steps up from his previous role as country head for Docomo Digital-owned Buongiorno.
The company is both a content and m-commerce business, and aims to encourage financial inclusion for citizens all over the world. It’s owned by Japan’s NTT DoCoMo, but has expanded fast in other regions by buying businesses such as Buongiorno and Net-m.
Two million 3 Ireland customers can now pay for streaming music direct from the phone bill – with the first six months for free.
Boku has just switched on carrier billing with Deezer in Ireland. And at the same time, it’s announced key carrier partnerships in Germany too.
Now, customers of every major opco in Germany can get Spotify Premium and set up recurring payments from the mobile bill. That’s more than 100 million subscribers.
Spotify has 75 million active users, and 30 million paid subscribers across 50+ countries while Deezer has six million premium subs in 180 countries.