Citi proposes ‘hybrid model’ for mobile payments
Banks and mobile network operators should work together on a mobile payments business model that plays to both their strengths, says Citi’s Dickson Chu. More
Banks and mobile network operators should work together on a mobile payments business model that plays to both their strengths, says Citi’s Dickson Chu. More
A survey conducted for PayPal Canada has found that more than one-third of Canadians are ready to begin making payments with their mobile phones and over half would like to use a digital wallet, the Toronto Sun reports:... More
Korean mobile network operator SK Telecom is to open an ‘NFC Zone’ in Seoul, the company’s head of global partnerships has told delegates attending the GSMA’s Mobile Money Summit in Singapore... More
“At this stage, we will not be progressing with microSD as a contactless payment technology platform,” says the Australian banking giant. More
The hi-tech version of a traditional murder mystery game uses NFC phones and tags to allow participants to discover clues hidden around a venue and to accuse their choice of suspect. More
The planned international rollout of NFC services to Deutsche Telekom’s T-Mobile and Era mobile networks will use bespoke NFC SIMs developed by Giesecke & Devrient. The new SIMs will be “functionally expanded” and “go beyond the standardised NFC functions”. More
The hotel room key market leader, part of the Assa Abloy group which recently ran an NFC trial at the Clarion Hotel Stockholm, has now brought the technology to market. More
Korean manufacturer Hicel has introduced a digital business card that combines the features of traditional cards with NFC functionality... More
BPCE, France’s second largest banking group and owner of both Banque Populaire and Caisse d’Epargne, is teaming up with Visa to conduct a pilot test of NFC MicroSD cards in the cities of Nice and Strasbourg this autumn... More
The Chinese handset manufacturer will integrate Inside’s NFC technology into its GSM and next-generation TD-SCDMA smart phone platform, which is based on the Android operating system. More
The German Savings Banks and Giro Association (DSGV) is to convert all its customers’ debit cards into contactless payments cards, as a forerunner to the introduction of NFC payments, Der Handel reports... More
“We need to own the market space and prevent market differentiation before any other party enters the market with enough money,” says Peter Van Leeuwen of KPN, a partner in the Dutch NFC joint venture that includes both banks and mobile operators. More
From this summer, subscribers to the UK’s Quick Tap NFC service will be able to use their phones to make payments in Nice, home of the French Cityzi NFC service. More
NFC specialist Vivotech has closed a US$24 million Series C round of funding... More
News in brief from the NFC world and beyond: Korea gets NFC Forum test lab • Verayo hires CTO from Apple • US Bank issues contactless EMV cards • SPVA releases secure payment device standards • Majority don’t trust mobile phone companies • 20m Visa contactless cards in UK by end of year • Groupon ties deals to loyalty cards • Identive appoints NFC VP • and more… More
Out-of-house (OOH) media company RMG Networks, which unveiled an NFC-enabled advertising network in April, is in talks with banks about an initial public offering (IPO) to raise more than US$250m, Bloomberg reports:... More
The Russian bank and mobile network operator have created a new payments system called RuRu that will begin with mobile and ecommerce, P2P transfers and mobile remittances. NFC services will follow “in the near future.” More
A survey of 1,036 US adult consumers, conducted by StrategyOne on behalf of Verifone, has found that almost twice as many are interested in using mobile payments if the service also includes a way to get discounts and coupons on their phones... More
A test conducted by Home Plus, Korea’s second largest supermarket chain and 95% owned by UK-based grocery giant Tesco, highlights the potential for mobile proximity technologies to transform the way retailers operate... More
NFC microSD specialist DeviceFidelity has been awarded a US patent, number 7,942,337, for “an implementation of near field communication (NFC) technology for enabling mobile devices to function like mobile wallets capable of conducting payment, access, transit and other contactless transactions using credentials issued by multiple different enterprises through points of sale terminals.”... More