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Mobile Payment Forum Sets Direction for 2003 - Organization Adds New Board Members, Steering Group Chair

Wakefield, MA (ots)

The Mobile Payment Forum today announced
additions to its leadership team, including three new members of the
board of directors and a new steering group chair, following a
significant year for the organization. Created in November 2001, the
Mobile Payment Forum is still the only global, cross-industry
alliance of leading organizations from the mobile and financial
industries dedicated the advancement of mobile (m) commerce. The
Forum focuses its efforts on standardizing the features and functions
needed to deploy secure and convenient mobile commerce solutions.
The twelve-seat board now includes NEC Corporation, Nokia
Corporation and T-Mobile International. In addition to NEC, Nokia and
T-Mobile, the board is comprised of representatives from 3, American
Express Company, JCB Co., Ltd., MasterCard International, NTT DoCoMo,
Oracle, Telecom Italia Mobile, Visa International and Vodafone. As
illustrated by the board of directors, the Mobile Payment Forum has
attracted key organizations from various market segments within the
industry - including handset manufacturers, payment companies, mobile
operators and technology companies - to its membership.
The Mobile Payment Forum has also appointed Alessandra Dell'Otti,
Vodafone, as steering group chair for the organization. The steering
group is responsible for the review and approval of all technical
activities of the Mobile Payment Forum, as determined by the board of
directors, including overseeing the Forum's three working groups.
"The Mobile Payment Forum's working groups have made impressive
progress on best practices and requirements for download mechanisms,
secure two-way messaging, and form fill technologies," said
Dell'Otti. "In the next year, we'll work to finalize those
deliverables, and continue to work on the issues our members have
identified as top priorities - a global interface specification and
third-party authentication - as we strive to further enable secure
mobile payments."
Over the past year, the Mobile Payment Forum has completed work on
several deliverables, including an architectural framework document
for its members, which provides a context for the Forum's working
group activities and a set of base use-cases. The Mobile Payment
Forum also recently produced a non-technical white paper with an
overview of the Forum's activities and business impact on the mobile
payment industry. The white paper is available to Forum members,
other industry participants, and media and analysts at URL:
www.mobilepaymentforum.com/pdfs/mpf_whitepaper.pdf.
"As a member driven organization, the Mobile Payment Forum seeks
to address the requirements of both the mobile and financial
industries while accommodating consumer and merchant needs for
convenience, choice and security in m-payments," said Tom Manessis,
co-president, Mobile Payment Forum. "As we enter our second year, we
will continue to focus on the opportunities and the challenges facing
the industry for mobile commerce, and continue to work with other
standards bodies to minimize redundancy in work efforts and ensure
broad cooperation on non-competitive issues."
Membership is tiered, allowing interested parties to join as
either Principal or Associate members. Any organization with an
interest in facilitating secure m-commerce is eligible to join.
About the Mobile Payment Forum
The Mobile Payment Forum brings together leading organizations
from the mobile and financial industries to create a foundation for
standardized, secure and authenticated mobile payments. Founders
American Express Company, JCB Co., Ltd., MasterCard International and
Visa International all bring extensive experience in creating
interoperable global payment standards and specifications and a
knowledge of payments in emerging channels. Membership includes key
financial institutions, telecommunications operators, wireless-
device manufacturers, merchants, content providers and software and
hardware developers and vendors. The Mobile Payment Forum is a non-
profit membership organization, incorporated in the state of Delaware
in the United States.
For further information, visit the Mobile Payment Forum Web site
at www.mobilepaymentforum.org.
ots Original Text Service: Mobile Payment Forum
Internet: www.newsaktuell.ch
Contact: 
Margot Rodger 
Mobile Payment Forum 
Media Inquiries 
Phone:  +1/781/876'6299 
mailto:pressoffice@mobilepaymentforum.org

Contact:

Denise Snyder
Mobile Payment Forum
Membership Inquiries
Phone: +1/781/876'8840
mailto:membership@mobilepaymentforum.org

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