Ericsson
is launching a new business line that will offer mobile financial services. Ericsson said it will offer an end-to-end solution and associated business and operational model, fulfilling all necessary regulatory, legal and security requirements, in cooperation with its operator customers and innovative players in the financial sector.
"A new market is opening up consisting of consumers whose first meeting with banks will take place over a mobile phone and who may never own a plastic credit card. People who may never enter a bricks-and-mortar bank now have the opportunity to "walk" into a virtual bank using their phone. They will also benefit from more reasonable fees for routine transactions such as transferring funds", says Semir Mahjoub, Head of Ericsson Money Services, Ericsson.
http://www.ericsson.com
is launching a new business line that will offer mobile financial services. Ericsson said it will offer an end-to-end solution and associated business and operational model, fulfilling all necessary regulatory, legal and security requirements, in cooperation with its operator customers and innovative players in the financial sector. "A new market is opening up consisting of consumers whose first meeting with banks will take place over a mobile phone and who may never own a plastic credit card. People who may never enter a bricks-and-mortar bank now have the opportunity to "walk" into a virtual bank using their phone. They will also benefit from more reasonable fees for routine transactions such as transferring funds", says Semir Mahjoub, Head of Ericsson Money Services, Ericsson.
http://www.ericsson.com
is preparing to release a mobile hotspot application that enables customers connect multiple devices from their smartphone via Wi-Fi. Pricing is set at 2 GB of data usage for $20 a month when bundled with AT&T's Data Pro plan ($25 / 2GB). In other words, the combined AT&T Data Pro plus AT&T Mobile Hotspot will provide 4GB for $45 per month. 


a supplier of photonic integrated circuit (PIC) based modules and subsystems, completed its initial public offering (IPO) and began trading on NYSE under the symbol NPTN.





