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  • Good Times Ahead For Mobile Payments Market

    Good Times Ahead For Mobile Payments Market


    2018-05-24 [ Industry News ]


    If you were wondering what the state of the mobile payments market is looking like these days, the answer is, put simply, “really good.” At least, that’s the general idea behind a new report from Allied Market Research, who noted that the overall market was set to hit $3.388 trillion by 2022.That represents, the report noted, a compound annual growth rate (CAGR) of 33.4 percent in the time between 2016 and 2022. Several factors are poised to drive this spiraling growth rate, including an overall increase in smartphone use, new opportunities coming into view in the mobile commerce industry, a r......

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  • Mobile Payments Titan PayPal Buys IZettle

    Mobile Payments Titan PayPal Buys IZettle


    2018-05-24 [ Industry News ]


    Not so long ago, we heard about PayPal and its fairly cavalier response to Amazon poised to get in on the mobile payments market. Perhaps it was cavalier because it was holding close to the vest its plans to buy iZettle, which it did only recently. Our friends out at Mizuho Payments dropped word our way about this arrangement, however, and the perception therein is a bit grim.Mizuho noted that its overall rating on PayPal remained the same—neutral—even after the announcement for several reasons. First, the amount paid for PayPal is seen as entirely too much; PayPal agreed to an all-cash deal f......

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  • Businesses: Want To Grow? Start Taking Mobile Payments.

    Businesses: Want To Grow? Start Taking Mobile Payments.


    2018-05-24 [ Industry News ]


    With mobile devices gaining ground, and more users getting in on the field most every day, taking advantage of this market should be a no-brainer in terms of growth. Yet there are still signs that mobile commerce isn’t growing like it should, or even could, be. A new report from Forbes suggests that the way to realize growth here is in embracing mobile, from mobile payments to mobile presentation in the same way some publishers have already.Currently, 95 percent of all US citizens own some kind of mobile device, and 77 percent use smartphones. Saturation is about as complete as it’s going to g......

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  • Fingerprint Sensor Market Still on the Rise: Report

    Fingerprint Sensor Market Still on the Rise: Report


    2018-05-24 [ Industry News ]


    While a number of fingerprint sensor specialists have come under intense market pressure over the past year due to shrinking margins in the mobile sector, the overall fingerprint sensor market will continue its upward trajectory over the next several years, with capacitive sensors leading the charge, according to a new report from MarketsandMarkets.The report predicts that the market will grow from $4.25 billion this year to $8.8 billion by 2023, reflecting a CAGR of 15.66 percent. In a report summary, MarketsandMarkets says that capacitive fingerprint sensors will “hold the lar......

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  • Norway to spend $86m on new ID cards

    Norway to spend $86m on new ID cards


    2018-05-24 [ Industry News ]


    Norway is expected to spend some 700 million kroner ($86 million) on new national ID cards.According to local newspaper Aftenposten, new figures in the government’s national budget estimated the cost of the project at 596 million kroner. On top of that, converting passport offices nationwide to handle the new cards will cost an additional 120 million kroner.  The national identification cards are expected to be ready by 2020 at the earliest. According to Aftenposten’s report, the costs have steadily increased along the way due to a variety of problems and an increased ......

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