5:30 AM -- Mobile payments is going to be big business -- the value of the market is set to grow nine-fold from 2009 to 2014, by which time the value of transactions made using mobile devices is predicted to be worth US$633.4 billion.

One of the specialist platform vendors in the mobile payments market is Boku Inc. , which has just struck a deal with Vodafone UK that will allow the operator's customers to make online purchases using their mobile devices.

See Boku's blog for more details.

— Ray Le Maistre, International Managing Editor, Light Reading