Preventing fraud in mCommerce

We wish to notify all members of the following TSB competition which may be of interest to IT SME who carry out any research and development into mobile commerce.

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The Technology Strategy Board is to invest up to £1.5m to stimulate new solutions for mobile commerce (mCommerce) to counter the threat of theft and fraud.

This SBRI competition is an opportunity to develop new ways to go shopping, enable enterprise, to simply transfer money or to transact anything of value – but to do it in a way that creates confidence and security in these new platforms. The challenge is how can we make mCommerce meet the needs of all consumers?

The next generation of personal computing is rapidly developing on smart phones and tablets and, as a result, the next generation of online commerce will be mobile.

This competition will fund organisations to develop mCommerce products/services that demonstrate secure attributes and reduce the probability of fraud.  Up to £1m is available for phase 1 of the competition and up to a further £500k may be available in a second phase to further develop successful phase 1 projects. It is open to single companies or organisations from the private, public and third sectors, including charities. Projects will last up to five months and successful projects will attract a 100%-funded development contract of up to £50k. Projects will be supported further towards commercialisation by the Technology Strategy Board and the Home Office helping companies gain exposure to commercial organisations via the Forum for Innovation in Crime Prevention.

This competition opens on 19 November 2012. The deadline for registration is noon on 9 January 2013 and the deadline for applications is at noon on 16 January 2013.

 Information and Networking events

We are running Information and networking events in London 4th December, Manchester 5th December and a Webinar on 6th December. Registration details for all events are via the links to the side of this page. We have also created a networking space on the _Connect platform where you can discuss the competition in an open forum. https://connect.innovateuk.org/web/mcommerce/overview

Open date: 19 November 2012

Registration close date: 09 January 2013

Close date: 16 January 2013

Website: www.innovateuk.org/sbri

Email: competitions@innovateuk.org

Phone number: 0300 321 4357