Episode 88: Defining the mobile wallet

With near field communication on the horizon and more handsets hitting the market that include the technology, what about the mobile wallet? The software the enables the chip on the phone to perform various tasks is necessary for anything to happen in the NFC ecosystem. The Mobey Forum released a white paper that examines the mobile wallet, what it is and what it does. (Download it here: http://www.mobeyforum.org/Press-Documents/White-papers) Gerhard Romen, member of the board of directors at the Mobey Forum and director of Mobile Financial Services at Nokia, discusses the report and why the mobile wallet is more than just payments. Romen also gives his take on Verizon's decision not to enable Google Wallet in the new Samsung handsets in favor of its soon-to-be-released ISIS.