August 10, 2009 13:18 ET

New Report Analyzes the Latest Trends in Mobile Banking

ROCKVILLE, MD--(Marketwire - August 10, 2009) - has announced the addition of TowerGroup 's new report, "Mobile Banking and Payments, April 2009: Leaders, Laggards, and New Trends," to their collection of Banking & Financial Services market reports. For more information, visit

The mobile payments market got a major boost in April from the launch of the first commercially available near field communication (NFC) deployment in Asia.

Burgeoning consumer demand is driving new entrants into the mobile arena, including a key player in social banking.

Western Union and VeriSign are putting their weight behind mobile bill payment in collaboration with an auto financing company to extend the reach of mobile financial services to underbanked consumers.

Activity in the mobile banking market is picking up after the contract drought of the fourth quarter of 2008 as vendors chart a course for 50% growth in 2009.

Topics covered in the report include...
Report Coverage
Commercial Announcements Fan the NFC Flame
Western Union and VeriSign Join Forces for Mobile Bill Payment
SmartyPig Is Getting Smart About Mobile
Recovery from the Q4 2008 Contract Drought Is Under Way

For more information visit

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