Tag: mobile technology

Apple may be ready for mobile payments with new iPhone 6

New report highlights the features of the upcoming iPhone 6

New information concerning the iPhone 6 has been released in a report from Venture Beat. The information comes from an as yet unidentified source that claims to have inside knowledge concerning Apple’s operations. The report adds fuel to the already widespread rumors concerning the forthcoming iPhone 6, such as its operating system, and its viability in mobile payments. Notably, the report suggests that the new iPhone will be equipped with NFC technology, which is something Apple has avoided in the past.

New iPhone to finally support NFC technology

According to the report, the iPhone 6 will support NFC technology. Apple had been leery of the technology in the past because of security concerns regarding mobile payments. These concerns seem to have been allayed, however, as the company now believes that NFC may be suitable for a new form of commerce. The technology will allow the iPhone 6 to facilitate mobile payments and support a variety of mobile wallets and similar applications.

Mobile security may be less of an issue thanks to biometric technology

Mobile Payments - iPhoneThe report notes that the iPhone 6 is slated for launch in fall of this year and will be equipped with the iOS 8 operating system. The device will feature wireless charging technology, a bigger and more durable screen, and several other hardware upgrades over its predecessor. The device will also be equipped with Apple’s new biometric sensors, which may be why the company is so keen to support NFC technology as biometrics will help made mobile payments more secure.

Apple finds a solution to its security concerns regarding mobile payments and consumer protection

Apple had opted not to rush into the emerging mobile money scene in order to avoid the pitfalls that other large companies have fallen victim to. Security has been a major issue in the mobile space and large companies have failed to find ways to sidestep some simple problems when it comes to providing consumers with protection against exploitation. With biometric technology, Apple may have found a way to alleviate the security problem.

Mobile Commerce is Risky Business

The mobile field shouldn’t be taken lightly

Mobile commerce is quickly proving that it is much more than a passing novelty. Mobile technologies like smartphones and tablets are playing a larger role in people’s daily lives. As such, they are beginning to demand services that are specifically tailored for mobile life. Retailers and other businesses are beginning to accommodate this demand, but many are running afoul of serious security issues that could have a catastrophic effect on the mobile space as a whole.

One of the most significant problems that the mobile space faces in terms of security is an overabundant lack of awareness from consumers and businesses alike. Both parties are somewhat oblivious to matters of security, especially when it comes to mobile technology and mobile-centric services. For businesses, this lack of awareness is largely due to decades spent in a world without mobile technology. Consumers are somewhat uninterested in mobile security, wanting instead for their devices and their favorite brands to handle the behind-the-scenes issues without every making their efforts visible.

Lack of awareness is a serious problem

The problem is that this lack of awareness creates a risky environment for mobile commerce. The mobile space is already very attacking to malicious groups because of its trafficking of financial information. A lack of security awareness means that these groups can, at times, move throughout the mobile space unchecked, exploiting financial information wherever they find it. This is becoming a major problem for some businesses focused on the mobile space as they are finding themselves exposed to risks that they do not fully understand how to deal with.mobile commerce - mobile security

Many businesses are beginning to involve themselves in the mobile world. These businesses see a great deal of promise in mobile commerce and have been inspired by the major success that others have found in this field. Inspiration is not enough to ensure success for these companies, however, as many have rushed into the mobile space with poorly designed platforms and services that have been met with failure. Many of these services lack the security features necessary to be considered viable, while others simply don’t work well.

These platforms represent a significant investment from the companies that make them and their failure constitutes a serious loss. Companies looking to get into the mobile commerce game have to be careful and gauge whether their hasty entry into the market is worth the potential for failure and serious loss.