Over the next four to five years, the companies will invest more than $1bn in creating a system that will use cellular telephone stations to transmit voice, data and video. Motorola and Cisco are set to announce the creation of a wireless network...
As part of the deal, the two companies will develop a standardised method of making secure payments using a mobile phone based on WAP (Wireless Application Protocol) standards. Bruno Degiovanni, senior manager for new channels in Europe for Visa...
Meanwhile NTT DoCoMo head honcho Keiji Tachikawa took the podium to talk mainly about m-payments and his company turning phones into wallets later this year. It is also still seeking to convert GSM carriers in Asia to CDMA2000, via GSM1x.
Research In Motion (RIM) and Samsung Electronics are working together to bring always-on wireless email features to mobile phones as the companies attempt to increase interest from wireless carriers and build momentum for their respective products.
MasterCard is speeding up its payments processing by migrating banks and retail outlets to a global authorisation platform. Under the Single European Payments Area (Sepa) this must happen by 2010. The European Union has told card issuers and banks...
Hospitality group Whitbread has deployed an end-to-end card payment system that is expected to save it £1m per year in payments processing costs. The system - supplied by Fidelity National Information services, IBM, Smart Technology solutions and...