Author: Dan Gendro

The next generation of mobile data technology is now already preparing for life as carriers still work on their 4G LTE.

At the same time that many wireless carriers in the United States and around the world are still working on the roll outs of their 4G LTE networks, Federal regulators in the U.S. are already turning their attention toward 5G.

This next generation of wireless and mobile technology will be tremendously faster than the current best.

The speed that 5G has to offer will be 1,000 times faster than what the average American currently receives from their fixed broadband connection at home. This will represent a revolution in the way that people will be able to access mobile data and could bring a defining difference to various areas such as m-commerce and viewing different types of media content over smartphones, tablets, and other connected devices.

This could mean that 5G will reduce or eliminate some of the obstacles currently faced in wireless technology.

The Federal Communications Commission now believes that this new wireless technology for mobile devices holds a considerable amount of promise within a high energy spectrum that has turned the attention of the industry toward the “millimeter waves” as a result of their frequency. The FCC has stated that it is going to look to the public in order to discover exactly what can be done for the promotion of this technology.

Engineers that have been working to develop this next level of wireless transmission technology have found that the current standard typically requires a considerable line of site connection between the receiver and the source. However, when using an advanced spectrum within the range of 24 gigahertz, which is notably higher than the level at which the majority of mobile devices operate (which is currently within the range below 3GHz), engineers feel that it will be possible for signals to be able to “ricochet” around obstacles.

FCC Commissioner Jessica Rosenworcel, spoke about 5G, saying that “Our next-generation networks are going to have to do some heavy lifting,” and added “So how do we meet those demands? We look up. Way, way up. To infinity and beyond.”

20 UK banks announce their support for the Paym mobile payments service

Several new financial institutions have aligned themselves with Paym, a mobile payments service launched by the UK Payments Council. Paym has been gaining more support within the financial service industry in recent months, with several of the United Kingdom’s largest banks signing up for the service. The service aims to accommodate the growing demand for mobile commerce in the UK and provides consumers with a person-to-person payment option that is mobile-centric in nature.

Bank customers will be able to issue a mobile payment using their mobile number

Clydesdale Bank, Isle of Man Bank, NatWest, the Royal Bank of Scotland, and Yorkshire Bank are among the new organizations that will be supporting Paym. Customers of these banks will be able to use Paym to make mobile payments. The UK Payments Council suggests that Paym is the first service that could potentially link every existing UK bank account to a mobile number.

1.5 million people have registered for Paym since its launch in April of this year

Paym was launched in April of this year and boasts nearly 1.5 million customers. These people have registered their bank accounts with the service, enabling them to use their mobile number to make payments in an efficient and secure manner. The second phase of Paym’s launch is expected to occur later in the year, with more banks announcing their support for the payments service and promoting Paym to their customers.

Paym expected to clash with Apple Pay when it is launched in November

The United Kingdom has become a very active mobile commerce market, largely due to the high degree of smartphone penetration among consumers. The country’s mobile market is currently crowded with a wide variety of services, but none of these services have yet become mainstream among consumers. Paym aims to provide these consumers with a reliable and secure service that they can use as they see fit. The service is currently competing with various others and is expected to clash with Apple Pay, which is expected to launch at some point in November.