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That Apple Inc. is targeting mobile payments is a foregone conclusion, but that doesn't mean banks must take a defensive approach.
January 28 -
Analysts say Google's recent moves demonstrate more of a see-what-sticks approach than the formation of a well-defined business strategy for mobile payments.
December 15
Apple Inc. may not be building a contactless payment capability into its next iPhone.
According to a report from The Independent, a London paper, several sources at U.K. wireless carriers have said the fifth iPhone design
The reason, according to one source, is "the lack of a clear standard across the industry" for mobile payments. The paper did not name the source.
Apple typically unveils a new iPhone design each summer.
Samsung Electronics Ltd. makes an NFC-capable smartphone called the Nexus S that runs Google Inc.'s Android software. However, the chip inside this phone is read-only and payments typically require two-way communication.
