19 July 2018
Nick Ogden


Nick Ogden - ClearBank

46Posts 191,361Views 33Comments

MWC 2012 - the year that payments take centre stage

24 February 2012  |  3147 views  |  0

It is that time of the year again.  Next week will see more than 60,000 telecoms professionals, journalists and bloggers descend on Barcelona for Mobile World Congress.  Plenty has already been written about this now-legendary four day event, but with just three days before the buzz begins, I wanted to take this opportunity to think about what excitement the next week will hold. 

Last week, network firm, Cisco, suggested that mobile devices will soon outnumber humans, with 10 billion mobiles to just 7 billion people. The fact is, smartphones have become an integral part of our lives.  From Google Maps, to Starbucks Apps, there really is now an app for every one of your daily needs. In fact, one of the few areas of our lives that is not yet streamlined by mobile technology is our finances.

This is why MWC 2012 will undoubtedly be the year that mobile payments come to the forefront.  Indeed, one of the top keynotes is ‘Mobile Money: NFC Services Gain Momentum’.  Whether it’s payments by text or NFC capabilities, it is clear that mobile payments are having their moment. 

Yet the opportunities that mobile payments present are still held back by difficulties in developing the necessary alliances between mobile operators and the banks. 

At the moment  payment innovation is a priority for so many different industries – banks, retailers, transport, telecoms – and everyone wants a slice of the cashless payments pie. Mobile World Congress has the potential to be the catalyst that reignites the process of collaboration and innovation needed for mobile payments to take off.

I’m excited for all that the week ahead will bring, and look forward to blogging about all the themes and people I meet during my time at MWC.  


TagsMobile & onlinePayments

Comments: (0)

Comment on this story (membership required)

Latest posts from Nick

How do Fintech entrepreneurs get help?

08 January 2018  |  14715 views  |  0 comments | recomends Recommends 0 TagsInnovationStart upsGroupFintech innovation and startups

Negative Interest Rates - UK banks introduce plans to charge their customers

04 February 2016  |  3348 views  |  0 comments | recomends Recommends 0 TagsRetail bankingTransaction banking

Competition probe, your views count!

18 July 2014  |  2916 views  |  1 comments | recomends Recommends 0 TagsPaymentsRetail banking

Birth of a new Currency?

16 July 2014  |  2860 views  |  0 comments | recomends Recommends 0 TagsPaymentsRetail banking

Non Bank, Business Bank Accounts?

22 April 2013  |  3957 views  |  0 comments | recomends Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

Nick's profile

job title Executive Chairman
location London
member since 2012
Summary profile See full profile »
I am passionate about business change and have been fortunate to have had some success with my various start up ventures. I am also fortunate to be a director of the UK Faster Payments Scheme.

Nick's expertise

Member since 2008
45 posts33 comments
What Nick reads

Who's commenting on Nick's posts