Tag: mobile technology

Mobile payments face serious risks

| July 17, 2013

Riskskill draws attention to risks in mobile payments field

Mobile payments have become quite popular with consumers, which also mean that they have become a bigger focus for businesses looking to engage with tech-savvy people. Many consumers praise mobile payments because of their simplistic and convenient nature. The mobile commerce field is, however, rife with risks that often go completely unnoticed by consumers. Riskskill, a leading corporate risk consultancy firm, has been working to raise awareness of the risks that exist in the mobile commerce space for some time and suggests that companies face a wide range of dangers when adopting mobile payments.

Study highlights problems with rapid pace of technological progress

Riskskill has released a new study concerning the risks that exist in the mobile payments sector. The study highlights several areas wherein these risks are most pronounced. One of these sectors concerns the rate at which technology progresses and the rate at which mobile commerce itself is growing. The firm suggests that mobile payments will reach $1 trillion in global transactions by 2015 and this growth could outpace the availability of reliable infrastructure. Exhausting existing infrastructure could inhibit future growth and make mobile payments significantly less efficient than they currently are.

Mobile payments may outpace standards and regulations

Mobile Payments Security ConcernsAnother field of concern has to do with the current standards that are in place to regulate mobile payments. These standards tend to vary from country to country and are meant to ensure that consumers are protected while participating in mobile commerce. The problem, however, is that these standards may soon become outdated due to the rapid growth of mobile commerce itself. The rapid evolution of technology is putting further strain on these standards, but many countries have yet to adapt to the changing needs of the mobile commerce space. Inadequate standards could leave consumers open to exploitation.

Hackers target mobile commerce

Consumers are also faced with the risks associated with hacking. Mobile payments have become a very attractive subject to malicious groups that wish to exploit financial information. These risks do not disappear simply because they attract relatively little attention and Riskskill believes that hacking could be a significant problem that has yet to be fully addressed.

Mobile games graphics could rival that of current consoles

| July 11, 2013

EA has high hopes for next generation mobile games

Major game publisher Electronic Arts believes that the next generation of mobile games will have the same graphical capabilities of games for the Xbox 360 and the Playstation 3. This would have been a bold claim, if mobile technology had remained relatively stagnant over the past few years. Technology has, however, advanced at a very rapid pace and modern smartphones and tablets are equipped with hardware that could rival the current generation of consoles.

Mobile games manage to gain popularity with modest graphics

Mobile games are already quite popular among consumers, so much so that they have begun to cut into the sales of console games in some parts of the world. These games have not won consumers over by offering high quality visuals, however, as most mobile games are designed with very simple, approachable graphical content. The modest graphics of most mobile games is directly linked to the hardware capabilities of smartphones and tablets. Until very recently, these devices have not been designed with gaming in mind, thus did not boast of high performance graphics processing units (GPUs).

Mobile Games - Mobile game graphics may rival current console graphicsNew technology enables games to become more visually impressive

Because smartphones and tablets have become major entertainment platforms for many consumers, device makers have been working on making these devices more accommodating of mobile games. Electronic Arts notes that the progress these devices have made in terms of graphical power has improved significantly over the past two years and could lead to a new generation of mobile games that provide a visually stunning experience as well as one that is enjoyable for consumers from a gameplay standpoint.

Graphics engines could signal a bright future for mobile games

Electronic Arts notes that many of the graphics engines that it uses for console games can be modified to be used on mobile devices. These engines are common in games that have been made for the Xbox 360 and Playstation 3 consoles, but have seen minimal use in the mobile sector. As these engines become more available to developers and help usher in a new generation of smartphones and tablets, mobile games may soon become a much larger and more prolific part of the game industry in the near future.