Convergence of the Mobile Phone and the Wallet

The Information & Communication Technologies practice at Frost & Sullivan is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the North American Near Field Communication (NFC) and smart cards market to be held on Tuesday, September 30, 2008 at 10:00 a.m. PDT.

2007 and 2008 have seen many interesting events unfold in the smart card, banking and mobile telephony industries. While the financial institutions were hit by the economic slowdown, the investment in technology continues to be a main point on their R&D agenda for them and for the vendors. New technology adoption in this scenario is expected to be slow, but more investment is needed to progress in the areas of Near Field Communication and mobile payment. Will the world see a day when we will just use our mobile phone for all our transactions?

The briefing will benefit NFC and smart card vendors, mobile operators, chip manufacturers, retailers, banks and technology investors looking to evaluate the market-acceptability for these new technologies. Highlights of the briefing would include the discussion on the progress of the modern technologies and the extent of market uptake for the new area of convergence between mobile telephony and payment. The briefing will also include analyst and industry insights on the future of the NFC technology for payment applications.

“Mobile payment, used as an application of NFC technology, would translate into a host of advantages for the end-user – all leading to convenience. Ramping up security of the transaction could lead to more convincing results and could lead to increased acceptance in the end-user market for this revolutionary technology,” observes Frost & Sullivan Industry Analyst Shyam Krishnan.

To participate, please e-mail Stephanie Ochoa, Corporate Communications, at stephanie.ochoa {at} frost(.)com with the following information: your full name, title, company name, company telephone number, company e-mail address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

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Contacts

Frost & Sullivan
Stephanie Ochoa, 210-247-2421
Corporate Communications – North America
F: 210-348-1003
stephanie.ochoa {at} frost(.)com
http://www.frost.com