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Archive for March 2012

In-Stat: NFC to hit US$9.9bn

March 13th, 2012

Market forecaster In-Stat predicts that the value of proximity mobile payment transactions will approach US$9.9 billion in 2016, up from $1.1 billion in 2012. The Asia Pacific region will dominate payments volumes throughout the next few years, the company says, accounting for 41% of global transactions in 2016.

Alix: US consumers want banks to provide digital wallets

March 13th, 2012

74% of US consumers interested in having a digital wallet would choose their primary bank as their preferred provider, an AlixPartners survey has found, compared with 23% who say they would pick PayPal and 15% who… More

Juniper: NFC to reach US$74bn

March 12th, 2012

Juniper Research forecasts that NFC will facilitate transactions valued at US$74bn by 2015, as the technology is increasingly used for the payment of goods instore and for transport tickets. Whilst mobile couponing still represents the smallest mobile commerce segment, the analysts add, it is demonstrating the highest growth rate.

Nokia Money to close down

March 12th, 2012

Nokia is to close down its Nokia Money service, which was launched in India in late 2011 and was expected to expand internationally. “The mobile financial services business is not core to Nokia so we plan to exit the business,” a Nokia spokesman has told Reuters.

Orange hits 500k NFC phones

March 12th, 2012

500,000 Orange customers in France and the UK are now equipped with NFC phones, the mobile network operator has told NFC World.

Isis unveils merchant logo

March 12th, 2012

A new video released by US NFC venture Isis provides the first look at the logo the company plans to use to indicate to consumers that a merchant is ‘Isis ready’ — meaning that it can… More

PayPal to demo digital wallet

March 12th, 2012

PayPal is to demonstrate a new digital wallet solution at the SXSW event in Austin, Texas this week. The new wallet is designed to work across multiple devices, including mobile phones and, the online payments giant’s Sam Shrauger explains, “will do for digital money what internet mash-ups did for digital information: Free it, so you can connect it, filter it, personalize it, share it and make it work the way that you want it to.”

Samsung Wallet on the way?

March 12th, 2012

Phone maker Samsung has filed a trademark application with the US Patent and Trademark Office for “Samsung Wallet”, a word mark relating to “computer software for mobile phones, smart phones and tablet PCs,” PocketNow reports.

Identive and WPG to share x-rays via NFC

March 12th, 2012

The two firms are to provide doctors, dentists and other healthcare professionals with a way to easily transfer digital medical images to the relevant exam room. More

M-Tel to test NFC in Bulgaria

March 9th, 2012

Bulgarian mobile network operator M-Tel is to begin a six month NFC payments pilot in May 2012, in conjunction with First Investment Bank, and hopes to begin commercial services this year. M-Tel is also investigating the potential for NFC public transportation ticketing.

UK NFC JV files with Brussels

March 9th, 2012

The NFC joint venture between three UK mobile network operators has now filed for approval with the EU to go ahead with the scheme, code named ‘Project Oscar’, the Guardian reports, despite on-going objections from… More

Google warns on rooted phones

March 9th, 2012

Some Google Wallet users running the app on rooted NFC phones are now seeing a message pointing out that their phone is an unsuppported device. Clicking on a ‘learn more’ link, Droid Life reports, provides a warning that gaining root access can disable important security mechanisms and “we strongly discourage doing so if you plan to use Google Wallet”.

Apple starts beaming with WiFi

March 9th, 2012

Apple’s iPhoto for iOS application, announced this week at the iPad launch, includes a feature to ‘beam’ photos to other iOS devices. The software’s Photo Beam function currently uses WiFi to share full-resolution images and… More

Turkcell signs up 50k wallet users

March 7th, 2012

Turkcell now has 50,000 active users of its Cep-T Cüzdan NFC mobile wallet service, the Turkish carrier’s Ergi Şener has told NFC World, and plans to expand the service to include mobile coupon and loyalty… More

Top POS makers add support for Isis coupons and offers

March 7th, 2012

VeriFone, Ingenico, Vivotech and Equinox are all adding support for the US NFC venture’s SmartTap service, enabling merchants to both accept payments and process coupons and offers via Isis mobile phones. More

NFC testing specialists Soliatis and Raisonance merge

March 7th, 2012

Testing and certification specialists Raisonance and Soliatis have merged to form a new company called Keolabs that will offer end-to-end testing and certification solutions for smart cards and secure components on a global basis. “In… More

QNB and Qtel to launch NFC services in Qatar

March 7th, 2012

The bank and mobile network operator have partnered for the launch of the country’s first NFC payments service, using BlackBerry NFC phones as well as NFC stickers. More

Apple awarded payments tracking patent

March 6th, 2012

Apple has been granted US patent number 8,127,962 for ‘Parental Controls’, a wide ranging system for tying together multiple subsidiary accounts within a mobile wallet application. The patent, first applied for in January 2009, allows… More

GlobalPlatform to put consumers in control of NFC mobile wallets

March 6th, 2012

The secure chip standards body is working on a new approach to the management of NFC secure elements that would allow consumers to pick their own ‘trusted token’ and appoint their own secure service provider. More

Delhi Metro tests NFC

March 6th, 2012

Indian mass transportation operator Delhi Metro Railway Corporation has “started experimenting with NFC-enabled cell phones” for ticketing, reports The Times of India. 1.6 million commuters ride the Delhi Metro’s 190km network every day.

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