(March 19, 2002) "Wireless banking" is gaining ground only slowly, but it's
here to stay it seems. Five hundred thousand of us tried it in 2001, says the
GartnerG2 research arm of technology research firm Gartner, Inc., and as many
as seven million of us may be doing it by 2005.
"Compared to many other countries," GartnerG2 research analyst Brad Adrian
tells WBT-IN, "U.S. consumer demand for wireless financial services is
immature, but it's evolving rapidly."
Adrian reminds us that Western Europe and Japan are ahead of the U.S. in
W-Banking adoption only because the U.S. already had almost pervasive
Internet connectivity via PCs at the time wireless technologies exploded onto
the scene. The GartnerG2 view is that more than a million U.S. consumers will
be using wireless financial services this year, and that the number of users
will grow to 2.6 million by 2003.
"We still need to integrate the technology and roll out a product, and we
haven't disclosed those details," Yahoo Inc company spokeswoman Joanna
Stevens told the Associated Press earlier this week, as Yahoo announced its
acquisition of DialPad Communications, whose VoIP technology converts
conversations into data packets that can then be transmitted across the
Internet using today's widely prevalent broadband connections.
The 6-year old company has more than 14 million users. It is expected to
serve as Yahoo's newest springboard into the world of VoIP.
"As of June 14th, Dialpad an... (more)
MobileLime announced the completion of a $10 million venture capital
financing. The financing was led by Oak Investment Partners. Ignition
Partners and SeaPoint Ventures, which participated in the initial seed
financing for MobileLime, also participated in this round.
"We are very fortunate to have the backing and support of such an experienced
group of investors with deep expertise in the telecom and retail industries."
said Robert Wesley, president and CEO of MobileLime. "We will leverage this
new funding to support the national rollout of our mobile loyalty and payment
Enterprise open source commentator Glyn Moody says that Android-based ARM
systems, such as the chipsets for Google's Android operating system announced
this week by Freescale, could be part of the next wave of price reductions
that will push netbooks down to $150 and less.
Moody believes that Apple will over time lose its iPhone advantage to open
source solutions like Android. Here is his logic:
"Freescale's announcement is still at the level of marketing hype, but it is
nonetheless indicative of how people are starting to think. And the crucial
element is Android, because once y... (more)
The GSMA, which represents the interests of the mobile communications
industry, today announced the release of the next set of Rich Communication
Suite (RCS) service specifications, RCS Release 2. The GSMA has also launched
the RCS DevChallenge, a competition for developers that will encourage new
and innovative ideas for future RCS-based services.
The GSMA's RCS Initiative provides operators with a feature-rich portfolio of
interoperable communication services that they can offer to their customers,
and this latest specification includes key enhancements to the core feature