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Singapore links wallets with Thailand, India and Malaysia
Countries in Southeast Asia are harmonising their instant payment capabilities to enable cross border money transfers more efficiently and at less cost while simultaneously expanding mobile payments. Krungthai Bank announced it would launch new international money transfer and payment services linking Thailand and Singapore using QR codes in September.[i] The arrangement will allow participating banks […]
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Cloud gaming - the next big opportunity for DCB?
Analysts believe one of the next significant growth areas for direct carrier billing is cloud gaming, despite its relatively nascent market and projected to grow only once 5G services become mainstream. Research company Newzoo noted a global spike in cloud gaming platform sign-ups during 2020 as people spent more time playing computer games during long […]
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Telcos signing more video bundling partnerships than ever
Over the top (OTT) video bundling partnerships between carriers and content service providers are growing at a healthy clip, according to research company Omdia. Tariff bundling deals in the first quarter of 2021 outnumbered simple carrier-billed add-ons (where over the top subscriptions are added to users’ bills), and are up 28% since the end of […]
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Carrier billing can evolve with consumer demand
The telecoms industry professionals and analysts gathered at this week’s Global Carrier Billing Summit provided a fascinating insight into the future direction of the mobile payments market. The event kicked off with Omdia principal analyst Guillermo Escofet outlining the evolution of carrier billing over the last twelve months and the opportunities that recent developments present […]
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Pay TV holding its own in Europe
Europe is becoming a region of cord knotters rather than cord-cutters as subscribers embrace pay-TV rather than reject it. And the driving force is the partnerships providers are forging with over the top (OTT) video streaming companies. Research suggests that pay-TV is more than holding its own in the region. S&P Global Market Intelligence, for […]
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5G set to be worth US$31tn by 2030, spurring new ecosystems
A recent report compiled by research company Omdia in partnership with Ericsson emphasises the importance of consumer services – including mobile, fixed voice, broadband, TV and video – to telcos and MNOs as they continue rolling out fifth-generation (5G) mobile networks. Ericsson ConsumerLab conducted an online survey of 7,500 smartphone users in Australia, Belgium, China, […]
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5G to drive wider AR/VR adoption
The latest analyses of fifth-generation (5G) mobile infrastructure, apps and services from research company Omdia suggests mobile network operators (MNOs) will soon have the apps they need to entice consumers off their existing 3G and 4G subscriptions. Omdia believes that the monetisation strategies applied to 5G technology are unlikely to be that much different from […]
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New App Store payment policies could help developers scale faster
Forthcoming changes in Apple’s policy allowing app developers to inform users of alternative payment options outside its App Store should help to expand the mobile payments market. In the culmination of its long-running legal dispute with Epic Games (Fortnite), a US judge ruled that Apple should allow games developers to direct customers away from the […]
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Microsoft and Shopify abandon app store commission fees
Market entry for mobile developers is getting steadily easier after Microsoft dropped its fees for most of the apps being available in its Windows store. Multinational eCommerce platform provider Shopify quickly followed suit for apps on its App Store, indicating a new approach amongst storefront owners. They seem keen to expand beyond the traditional model […]
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Business Messaging driving RCS adoption in Europe
Commercial services that use rich communications services (RCS) technology to deliver multimedia messages to mobile subscribers are replacing similar platforms based on legacy SMS and expanding rapidly to eclipse similar services offered on over the top (OTT) platforms like WhatsApp and Viber. A panel discussion at the “Mobile Ecosystem Forum (MEF) Connect” event this year […]
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Telco KYC knowledge can combat mobile payments fraud
The latest forecasts from Juniper Research estimate that online merchants will lose over US$206bn to payments fraud over the next four years, making the use of machine-learning-based fraud prevention platforms an immediate priority. The research firm also believes that mobile network operators (MNOs) have a pivotal role in supporting Know Your Customer (KYC) processes which […]
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Scandinavia pools mobile payment resources to fend competition
The proposed merger of three mobile payment platforms in Scandinavia suggests that further consolidation of the fast-growing payments industry could be underway as smaller local players beef up their businesses to better compete with global giants. Danske Bank’s MobilePay will join forces with Pivo, owned by Finland’s OP Financial Group, and Vipps, owned by a […]