A new industry-wide mobile payment service says its final testing is on track and it’ll announce a launch date next month.

Once the Paym service is launched, consumers will be able to transfer money to someone else’s bank account by using their mobile phone number instead of a sort code and account number.

Santander UK and mobile payment company iZettle have announced a UK partnership agreement aimed at self‑employed professionals and small businesses.

Santander Business Banking is offering customers a mobile payment package that includes iZettle’s Chip & PIN reader, which can be used with Apple and Android devices.

Financial institutions representing 90% of all current accounts in the UK have committed to launching a new mobile payment service in spring next year.

Customers will be able to make payments by quoting the recipient’s mobile phone number instead of their bank sort code and account number.

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

Mark Bridge writes:

James Rosewell shows me a colourful roll of paper that's the width of an iPhone but well over three metres long. When I look closer, I can see it's a printed copy of the Wall Street Journal's mobile website. That's a lot of scrolling to do... and a pretty unfriendly user experience for anyone reading the news online. Why does it work so badly?

This week Iain and Mark look at mobile industry headlines from the last 7 days and interview Paul Smith about the cashback problems that hit Mobile Media Systems - the owner of Phoneboxdirect. They also review the Sony Ericsson W960i: an 8GB music-playing touch-screen handset.

Download this week's free podcast from TheFonecast.com to discover the mobile industry news headlines from the last seven days, including an assortment of closures, takeovers, departures and developments. The Fonecast team also reviews the new 3G-equipped Nokia 8800 Arte.

This week The Fonecast interviews Russell Raynor from Mobile Business Solutions about the problems of being a dealer, we chat to Faisal Sheikh about unlocking the Apple iPhone, we look at the week's industry headlines and we review the BlackBerry Pearl 8120.

This week Iain talks to John George from JAG about his company's recent expansion. Iain, Mark and James also discuss the week's industry headlines - including the latest iPhone and gPhone stories - and look at the new 5-megapixel Samsung G800.

We review the 3 USB modem, talk to Crispin Thomas from TMTI and Stuart Turner from Fonesure - and discuss the week's mobile industry headlines.