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New interactive mobile ads launched by Pandora

Pandora has announced that it is testing out a new type of mobile advertising to better engage its users.

The streaming music platform has said that its new mobile marketing strategy is a “visual ad experience” that involves the use of interactive mobile ads that are also highly visual. According to Pandora Media, the beta version of its new mobile advertising option will feature ads from the automotive industry, including Lexus Dealer Associations, as well as ads from clothing company Express.

The company’s more than 80 million listeners will now have better control over the ads they receive.

Users of the popular streaming music platform, who already have the power to pick and choose the types of music to which they want to listen, will now also be able to have more control over the ads they receive via an intuitive swipe versus tap-to-dismiss functionality, reported The Motley Fool.

Interactive Mobile Ads - Smartphone Playing MusicInstead of the previous closable pop-up box, ads will now automatically adjust to fit the size of the phone screen and exist only within the square space that usually displays the album art.

Additionally, the new mobile ad format gives advertisers greater control as well, providing them with the ability to measure listener engagement metrics such as viewability and time spent. Advertisers also have the ability to deliver videos within a responsive display unit. These videos are muted by default when the user is listening to music, but listeners have the option of taping on the video to un-mute it and watch it in full-screen if that is their choice.

The new visual and interactive mobile ads will become available to more advertisers later in 2016.

In a recent blog post from Chris Phillips, Chief Product Officer at Pandora, the CPO said that the company is “setting out to reinvent Pandora’s mobile display ad solution to take better advantage of screen real estate, and features native to our own platform. We’ll also be emphasizing the human need for attention on an ad, which needs to take place before meaningful interaction with brand content can happen.”

The new visual ads will be made up of a series of native, mobile ad formats, according to Pandora. These formats are what help to make rich media, display ads and video more effective and impactful for marketers, the company explained.

Pandora’s full interactive mobile ads program will roll out later this year to all advertisers.

Smartphone payments growth: Biometrics to play major role

Recent research reveals that biometrics will be essential for speeding up mobile payments adoption.

A study conducted by Lux Research has concluded that biometrics security technologies will play a vital role in the growth of smartphone payments and that current mobile payment system will need to include biometrics to hasten adoption and meet expectations of huge growth rates. According to Tiffany Huang – a Lux Research analyst and author of the 50-page report, “Securing Mobile Payments with Biometric Authentication” – in order to be successful in the future, developers of payment software and smartphone vendors need to consider a variety of new biometric techniques and the multimodal approach.

Biometrics technologies could make mobile payments more appealing to smartphone users.

According to a US Federal Reserve survey published back in 2015, 75% of the 2,137 people surveyed said that they didn’t use mobile payments because they felt it was easier to pay with credit/debit cards or cash. Meanwhile, 59% refrained from paying with their mobile device because they were worried about privacy and security, reported Computerworld.

Smartphone Payments - biometrics technology“Once biometrics are adopted to assure users [and banks] of security, it will help drive mobile payment adoption,” said Huang.

Essentially, until American consumers see the value in using a mobile device to make payments instead of a credit card, and view it as safe, m-payments adoption will never take off on a large scale. However, biometrics could change that.

Huang stated in an interview that “Biometrics are needed to improve mobile payment usage,” adding that “It’s hard to see one biometric usage winning in the medium-to-far-term.”

Different biometric approaches would be needed depending on the smartphone payments.

Huang researched many companies in the mobile payments ecosystem, such as credit companies and banks as well as software and hardware designers, and evaluated new biometrics technologies based on cost, security and ease of use. Among the technologies examined were fingerprint scans and scans of palm veins, irises, eyeprints, electrocardiograms (ECGs), faces and voices.

What was found was that different biometric approaches are required depending on the type of mobile transaction. For instance, the vast majority of customers wouldn’t want to pose for a few seconds for a voice or facial scan in front of other customers waiting behind them in line. On the other hand, while palm vein sensors would be a far more ideal in-store point-of-sale biometrics technology, the cost of such authentication technology is far too high to be considered a practical option.

In her report Huang noted that as new smartphone payment platforms are introduced by companies like Walmart, it becomes harder for a single biometric approach to dominate. Nevertheless, she believes that the mobile payments industry will play a role in shaping which biometrics technology gains popularity.