Industry Views: mobile money – is cash on its way out?

Last week UK Bank, Halifax, released an interesting report.  The headline statistic is that cash makes up just £18.33 of every £100 spent (18%), with digital transactions soaring over the last few years. Smartphone usage has powered the change, and mobile transactions are expected to grow from £9.7bn this year to £53.6bn by 2024. With the launch of Apple Pay and Samsung Pay, plus giant steps forward in direct operator billing and a host of other mobile money technologies and business models, can the industry finally trumpet the beginning of the end of cash? We asked MEF members and the … [Read more...]

MEFTV – CEO Summit 2012

In this video from the MEF CEO Summit 2012, held at London City Hall last month, Chris Smith of the Guardian Media Network speaks to Brendan Eich, Co-Founder & CTO of Mozilla for MEF TV. In the interview, Brendan discusses the origins and benefits of the Firefox OS and Mozilla's plans for the future in the mobile space. The MEF CEO Summit, an annual invite-only, closed door event, has fast established itself as one of the essential occasions of the year for gaining insight, sharing knowledge and networking at the highest level of the mobile content and commerce industry. Find out … [Read more...]

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