Wincor Nixdorf has created its own app store to try to tap into the mobile payments sector.
Alipay (owned by Alibaba), Unionpay (owned by the government) and Tenpay currently dominate China's mobile online payment sector with over 80% of the total market share, according to China Internet Watch.
"Stacy comes to TaskRabbit from Google Ventures, where she served as an Entrepreneur-in-Residence, advising the firm's portfolio companies in the consumer and business technology, marketplace, mobile, and payment sectors.
Considers implications of new technologies on the financial sector: internationalization of currencies, mobile payment systems, and cryptocurrencies.
The new platform is designed to foster collaboration between the financial services and mobile telecommunications sectors for the delivery of mobile payment applications and payment related services.
This research examines recent changes in the payment sector in financial services, specifically related to mobile payments (m-payments) that enable new channels for consumer payments for goods and services purchases, and other forms of economic exchange.
That means technology sectors — including mobile security, data analytics and storage companies and mobile payment systems — which previously elicited a shrug or a snooze, are suddenly finding millions of dollars of investments coming at them.
DealBook » Wallflowers of Silicon Valley Get Asked to Dance | Technology sectors like mobile security, data analytics and storage companies and mobile payment systems, which previously elicited a shrug, are suddenly finding millions of dollars of investment coming at them, Nicole Perlroth reported.
Mobile financial services: Some of the services and application in the mFinance sector include mobile finance -- credit, insurance and savings; mobile banking -- transactional and informational; and mobile payment- person to person, government to person and business to business.
