International review : Paiements mobiles et la protection des consommateurs : examen de la situation à l'échelle internationale

The authors particularly thank the following: • the US Consumer Financial Protection Bureau; • the Organisation for Economic Co-operation and Development; and • the Consultative Group to Assist the Poor. [...] In an effort to strike the right balance between competition and cooperation, the U. S. Federal Reserve has convened the Mobile Payments Industry Workgroup, the European Central Bank supervises the European Payments Council, and the Korean Communications Commission formed the Grand NFC Korea Alliance. [...] Our review also looks at the way the EU has addressed issues of data privacy and the role of nonbanks in the m-payment ecosystem. [...] Finally in the fourth section we report on the response of regulators to the rise of mobile money in the developing world. [...] The demands this advertising puts on the wireless broadband technology used to deliver the internet to mobile devices will be of interest to the FCC.