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Facebook eyes mobile payments but faces many challenges, including PayPal – Mobile Marketer

Facebook eyes mobile payments but faces many challenges, including PayPal
While Facebook is looking to extend its significant mobile might into payments and take on PayPal, the social network’s previous commerce-related failures suggests it may face some challenges.
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Establishing trust with a secure mobile site
It seems obvious that mobile payment applications and sites would require heavy security, but even apps such as Twitter are rolling out login verification. As consumers get more attached to their mobile devices, security is becoming more important.
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CNN to spend $15M on multi-platform efforts, new mobile site
CNN announced that this fall it will be rolling out a Web redesign, CNN/Next, that will target the company’s growth in mobile.
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Cross-device advertising commands growing portion of media spend: report
One-third of digital media budgets will be allocated to cross-device campaigns this year, up from 24 percent last year and 19 percent in 2011, according to a new report from ValueClick Media and Greystripe.
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Fidelity tests Google Glass app to simplify looking up stock quotes
Fidelity Investments has introduced an application for Google Glass enabling users to view a hands-free display of quotes from major United States stock indexes at market close.
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