New research from KPMG predicts that the value of global m-payment transactions will grow by 97% per year over the next 3 years, reaching £591 billion by 2015.
The company says this growth will be fuelled by consumer demand for NFC-equipped devices and by the growing desire of consumers to shop in environments that are ‘always on, always fast and always accessible’.
Microprocessor business ARM has announced a joint venture with security technology companies Gemalto and Giesecke & Devrient.
The new partnership, which is subject to regulatory approval, will develop technology to improve security across tablets, smart TVs, games consoles and smartphones.
O2 has agreed a five-year deal to provide the free WiFi service to McDonald’s UK restaurants.
All 1,200 McDonald’s restaurants will be switching from The Cloud to O2 WiFi this summer.