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Archive for July 2011

NXP cuts NFC mobile phone production forecast

July 31st, 2011

NXP technology has been designed into more than sixty NFC handsets under development by a number of phone manufacturers, the chip maker’s CEO has told analysts, but no more than 40m NFC phones are now expected to be produced this year — down from a previously forecast 70m to 100m units. More

ABI: One billion contactless payments cards to ship in 2016

July 31st, 2011

One billion payment cards with contactless capabilities will be shipped globally in 2016, up from just 170 million in 2010, according to Payment Cards, a new report from ABI Research. The forecast is based on… More

Leading phone maker orders one million NFC tags from Identive

July 31st, 2011

The tags are to be included in-box with each purchase of an NFC smartphone and are to be delivered to the handset manufacturer over the next six months. More

Telefonica begins Czech NFC payments trial

July 25th, 2011

The trial will see customers of two banks being able to make payments with NFC phones at branches of the Globus hypermarket chain in the cities of Prague and Pilsen. More

US TV network VH1 tests NFC smart posters

July 25th, 2011

“NFC offers advertisers greater opportunities to build ‘hyper-local’ promotional campaigns using media-rich, high quality content through a simple tap of the phone,” says the digital agency behind the project. More

Hungarian mobile operators form NFC alliance

July 25th, 2011

Magyar Telekom, Telenor and Vodafone have joined with MasterCard, OTP Bank and loyalty programme operator SuperShop to establish the Hungarian Mobile Wallet Association with the aim of developing a technical and operational infrastructure for NFC services in Hungary. More

Gartner: Mobile payments growth is slower than expected

July 25th, 2011

More than 140 million people will use mobile payments services of one type or another this year, but Gartner believes mass market adoption of NFC payments is still at least four years away. More

Nokia launches online NFC store

July 22nd, 2011

A new online service is designed to make it easy for businesses to begin using NFC by providing smart posters and business cards that enable customers to ‘like’ a retailer on Facebook, follow it on Twitter and check in on Foursquare as well as a range of other tag reading solutions. More

Fujitsu puts NFC into cloud-based data transfer service

July 22nd, 2011

The new system could be used, Fujitsu suggests, to make it easy for executives attending a meeting to download presentation materials and meeting notes as well as to transfer them between phones and display equipment. More

Nokia N5 will come with NFC

July 21st, 2011

Nokia‘s upcoming N5 Symbian smartphone will come with NFC, according to More

Retailer Narvesen starts NFC trial in Latvia

July 21st, 2011

Narvesen Baltija, a chain of 247 newsagent stores and kiosks across Latvia owned by Norwegian convenience store chain Narvesen, has launched a trial of NFC stickers at 10 of its outlets. Participants in the Riga-based… More

Nokia: No mobile wallet support in current NFC phones

July 21st, 2011

Nokia’s C7 and N9 NFC phones are not equipped to support either an embedded secure element or an NFC SIM, the handset maker has told NFC World, so it won’t be possible to use them for mobile payments or other secure NFC services.  More

Google Wallet now in field testing

July 20th, 2011

Google has been field testing its NFC payments service with a large group of users since late May and, from later this summer, anyone with a Nexus S 4G and a Sprint contract will be able to use their phone to make mobile payments at merchants that accept MasterCard PayPass. More

Isis to adopt open TSM architecture

July 19th, 2011

Isis is to put in place a fully open ‘TSM to TSM’ architecture, the company has told NFC World, so that banks and service providers — as well as Visa, MasterCard, Discover and American Express — will be free to choose their own NFC technology suppliers. More

Top Google, Square, Visa and Verifone executives to go on stage with Isis today

July 19th, 2011

The ‘Mobile Payments Smackdown’ session at the Fortune Brainstorm Tech event today is set to be the venue for the first live discussion of the NFC deals signed by the major US payments networks with… More

MasterCard discusses Isis NFC payments deal

July 19th, 2011

“We absolutely believe that mobile payments has to be open,” Ed McLaughlin, MasterCard’s chief emerging payments officer has explained in a video interview posted on the company’s Heart of Commerce blog today. “You’ll be able to… More

Google issues first response to Isis NFC payments deals

July 19th, 2011

What does the news that Isis has signed up all four US payments networks — Visa, MasterCard, Discover and American Express — for its NFC payments service mean for the future of the Google Wallet… More

Isis signs up Visa, MasterCard, Discover and Amex for NFC mobile payments

July 19th, 2011

“Relationships with all four payment networks means that with Isis-enabled phones and payment terminals in place, merchants and consumers will have ubiquity and freedom of choice when it comes to payment network acceptance,” says the company. More

KPMG: Mobile payments are two to four years away from mainstream acceptance

July 18th, 2011

A global survey of executives conducted by KPMG has found that the vast majority believe mobile payments will hit the mainstream within four years and nearly half say they think mass-market acceptance is only two years away. More

NFC to arrive in Australia “within three months”

July 18th, 2011

Commonwealth Bank of Australia plans to introduce a mass-market NFC service based on microSD technology “within three months”, ZDNet Australia reports: A highly placed source within CommBank today told ZDNet Australia that the bank intends to… More

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