A survey published by digital security specialist Gemalto has shown a high demand for contactless and NFC payments in Dubai, with 85% of those polled saying they would 'like' or 'love' to use their mobile handset as a contactless payment method and 72% seeing no obstacle at all when using mobile NFC.
I had a call with an industry colleague earlier today talking the recent news on GMail Google Wallet integration, Dwolla's funding round and the "Square Cash" announcement. At large I'm seeing two broad industry responses to these moves.
The first, is to see this all as a distraction from mainstream banking and that essentially all these new players are just competing between themselves for marginal business, here's a few notable examples:


