Regulatory compliance costs, technology advancements and changing consumer buying patterns have forced marketers to think beyond traditional payment.

Infosys Technologies launched Finacle mobile banking 2.0 to let retail and corporate clients access banking services through SMS, GPRS, 3G and USSD-enabled handsets.

Mobile ad exchange network Mobclix has concluded its iPhone App contest for Gap, and—to no one’s surprise—the grand-prize-winning application features a mobile commerce element.