A Recipe for Future Success?
As I mentioned in my previous blog, the South Korean smartphone market is growing steadily. In South Korea, an RFID-embedded smartphone launched in August 2010. It is expected to spur an increase in...
View ArticleIs smartphone banking a necessary tool for banks?
Needless to say, the smartphone is becoming one of the important business tools. A couple of weeks ago, Mobile World Congress (MWC) 2011 was held in Barcelona. A wide range of smartphone applications...
View ArticleDigital Wallet? But Real!
Hana Bank, well-known for being a smartphone banking pioneer in South Korea, launched a new digital wallet service called Hana N Wallet earlier this month. Hana N Wallet offers some new functionalities...
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A Challenge for Korean Insurers: Enabling Paperless Policies
I recently published the Celent report “Electronic Signatures in South Korean Insurance: Enabling Paperless Policies”. Actually, at first I intended to write a report about e-business in the South...
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Easier Way to Open Your Bank Account
At the end of 2012, I saw an interesting press release from Jibun Bank, an online-only bank in Japan. They launched a service for opening a bank account by taking a photo of a driver’s license with a...
View ArticleIs Mobile Payments Market in Japan Growing Or Not?
People think that Japan is one of the countries that is an early adopter of contactless mobile payments. We can certainly agree this is true. However, whether contactless mobile payments are common in...
View ArticleOn Innovation
Celent held our most recent Innovation event in Singapore the last week of November, following similar events in New York, Boston, Toronto, Tokyo, London, and, most recently, San Francisco. Most of...
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App Card Makes Payment Easier
In 2013, South Korean payment industry entered a significant phase of payment. It is the introduction of App Card. App Card is the smartphone application which takes the place of plastic credit card...
View ArticleApple Watch is a game changer
The Apple Watch unveiled a few hours ago is a game changer. Even if the “iWatch” flops, the voice input function will have a profound effect on lifestyles, finally liberating users from the tedious and...
View ArticleSamsung’s acquisition of smartphone payment solution vendor LoopPay
Last week, Samsung announced the acquisition of LoopPay, a US-based smartphone payment solution vendor. It has been receiving attention as it may be poised to bring further growth to Samsung’s...
View Articleサムスンのスマホ決済ベンチャー買収について
先週、サムスンがスマートフォン決済ソリューションベンダーであるループペイを買収したとの報道があった。今回の買収は今後のサムスン製スマートフォンの更なる飛躍を意味するものになるのかが注目されている。 ループペイの技術の長所は汎用性であり、既存の磁気式カードリーダーにスマートフォンをかざすことで決済が遂行される。既存のスマホ決済は専用端末機を要するケースが多く、アップルペイも然りだ。...
View ArticleMobile Payments in Southeast Asia
With the rapid growth of smartphone penetration in Southeast Asia, e-commerce and mobile commerce is one of the hottest issues in the region. Not only local players but also global e-commerce players...
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