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Archive for August 2010

Qualcomm hunts NFC specialist to head up digital development

August 31st, 2010

Wireless telecomms technology and chipset giant Qualcomm is set to become the latest mobile industry player to put an NFC expert at the heart of its digital development strategy. Qualcomm CDMA Technologies is looking for... More

First Data joint venture to offer mobile contactless loyalty service to merchants in UK and Ireland

August 27th, 2010

AIB Merchant Services' new Loyaltyplus service integrates Zapa's mobile contactless technology into merchants' POS terminals, enabling even the smallest retailer to offer an NFC-compatible customer loyalty programme — from only €30 a month. More

Consumers Union calls on US government to regulate mobile payments

August 25th, 2010

As the US begins the move to adopting NFC, the government must act to ensure that consumers get full protection against fraud, processing errors and merchant disputes — especially if they are using a prepaid account or if they are charging their purchase to their mobile phone bill — says Consumers Union. More

China Unicom signs up second banking partner

August 24th, 2010

China Unicom has signed a strategic partnership agreement with Agricultural Bank of China (ABC). The deal is expected to see the bank and the mobile operator working together to introduce a wide range of new... More

Verizon invests in mobile loyalty and coupons specialist CardStar

August 20th, 2010

Verizon Ventures has invested US$400,000 in mobile loyalty card and promotions start-up CardStar, The Wall Street Journal reports: CardStar is just one of many companies with an app to organize membership and loyalty cards. But... More

Bank of America to run NFC payments trial in New York

August 19th, 2010

Bank of America will begin a field trial next month in partnership with Visa that will enable customers to use their smartphones to pay for purchases in stores, according to a Reuters news report. "The... More

Tyfone picks up $5m investment

August 19th, 2010

NFC specialist Tyfone has raised additional funding of US$4,963,364, according to a newly published SEC filing. Tyfone first announced in January 2009 that it had developed a microSD format NFC solution that could be retrofitted... More

US NFC payments market heats up — but advertising revenues will be the way to make it pay

August 18th, 2010

OPINION: Almost from nowhere, interest in near field communication technology has exploded in the US over the last few weeks as key potential market players have begun to reveal their hands. More

‘Mobile wallet solutions are our top priority’ says PayPal boss

August 17th, 2010

The company is to "develop software that transforms mobile phones and other devices into 'digital wallets' that consumers can use to buy merchandise, keep coupons and store loyalty program data." More

Apple hires NFC expert as mobile commerce product manager

August 13th, 2010

Benjamin Vigier has been involved in the development of near field communication technology since 2004 and most recently was product manager for mobile wallet, payment and NFC at mobile payments specialists mFoundry. More

Twinlinx to begin shipping MyMax NFC stickers in September

August 13th, 2010

The first 10,000 MyMax stickers, which enable full NFC functionality to be added to any Bluetooth mobile phone, are now in production and field trials are expected to take place before the end of this year. More

GlobalPlatform specification adds secure area to mobile phone baseband processors

August 11th, 2010

The new Trusted Execution Environment specification will enable a trusted window to be created on a mobile phone's screen so that consumers can enter their PIN securely on their own phone, rather than on a retailer's POS terminal. More

China Unicom in bid to make Chongqing a $7bn world leader for NFC manufacturing and innovation

August 10th, 2010

A strategic cooperation agreement signed by the mobile network operator and the Chongqing Municipal Government aims to turn the region into a $7bn a year world leader in NFC manufacturing by 2015. More

Turkey’s Akbank and Visa Europe to test microSD NFC device

August 9th, 2010

News of Akbank and Visa's trial follows the announcement in May that MasterCard, Garanti Bank and mobile network operator Avea are to begin a commercial NFC service in Turkey this summer. More

Federal Reserve leads US payments industry NFC initiative

August 2nd, 2010

The US Federal Reserve has been acting as the host for a series of meetings between US mobile network operators, banks and payments networks over the course of the last few months, Digital Transactions reports.... More

AT&T, Verizon and T-Mobile to test NFC payments in the US

August 2nd, 2010

US mobile network operators AT&T, Verizon Wireless and T-Mobile USA are planning to run NFC payments trials in Atlanta and three other US cities, according to Bloomberg. Both Discover Financial Services and the US arm... More