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Author archive: Sarah Clark

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Inside Contactless raises 50m euros in additional funding

Inside Contactless raises 50m euros in additional funding

October 1st, 2010

Contactless and NFC specialist Inside Contactless has raised a further €50m (US$65m approx) in financing. Existing investors Gimv, Sofinnova Partners, Vertex Israel, Euro US Ventures, GGV Capital, Qualcomm Inc, Nokia Growth Partners, Samsung Ventures and… More

89% of young consumers willing to pay for mobile wallet services

September 28th, 2010

New research from mobile wallet solution provider Alcatel-Lucent has found that young consumers in ten countries around the world are willing to pay for the convenience of using their phone to check their balance, pay for public transport and buy electronic tickets. More

Dai Nippon Printing launches mini NFC controller for mobile phones

Dai Nippon Printing launches mini NFC controller for mobile phones

September 28th, 2010

Japanese electronics supplier Dai Nippon Printing has entered the NFC controller market with the announcement of a new product which, the company says, takes up only half the space in a mobile phone of the… More

Facebook distributes Bling Nation payment tags to staff amid rumours of a major Silicon Valley NFC plan

September 27th, 2010

The Bling Nation NFC sticker trial in Silicon Valley has expanded from its beginnings at PayPal’s headquarters to include the Stanford University campus, Palo Alto city services and Facebook’s offices — as rumours of a major NFC play by some of Silicon Valley’s leading companies begin to emerge.  More

NFC begins to get the attention of the mass market — but will it be a help or a hindrance?

September 16th, 2010

OPINION: After years of low profile technical development, it’s now becoming clear that the commercial arrival of NFC is going to be very high profile indeed. And that high profile is set to bring further complications to those looking to commercialise NFC services. More

Hands on: Sagem Wireless’ new NFC-enabled Cosyphone

September 10th, 2010

The first mass production units of Sagem Wireless’ new NFC Cosyphone will begin shipping later this month and a few pre-production models are now in the hands of developers, partners — and NFC World. More

Dutch banks and mobile operators to launch national NFC service

September 9th, 2010

T-Mobile, Vodafone, KPN, ABN Amro, ING and Rabobank have signed a letter of intent to jointly introduce NFC across the Netherlands from 2012. More

Vivotech adds OTA provisioning to DeviceFidelity’s microSD format NFC device

Vivotech adds OTA provisioning to DeviceFidelity’s microSD format NFC device

September 8th, 2010

Vivotech and DeviceFidelity have partnered to add over-the-air (OTA) provisioning capabilities to the In2Pay microSD technology to be tested by Visa, Wells Fargo, Bank of America, US Bank and Akbank. The new solution enables Vivotech’s… More

CellTrust to offer low cost NFC provisioning and personalisation solution

September 7th, 2010

Mobile network operators and service providers could save hundreds of thousands of dollars using SecureSMS to provision and personalise NFC applications over the air, says CellTrust’s CEO. More

Tyfone’s investors explain why they took part in the MicroSD format NFC supplier’s $5m funding round

September 6th, 2010

“The investors who participated in our Series B financing round bring unique expertise within financial services and we’ll benefit from their knowledge beyond the value of their financial investment in Tyfone,” says the company’s CEO. More

Wells Fargo to run NFC field trial

Wells Fargo to run NFC field trial

September 2nd, 2010

US financial services giant Wells Fargo & Co has become the fourth bank to reveal that it is to take part in Visa‘s series of NFC trials. And Visa could be ready to launch commercial… More

Broadcom sets out its plans for NFC

September 2nd, 2010

Three months after it announced plans to buy NFC specialist Innovision for US$47.5m, the deal has completed and Broadcom VP Craig Ochikubo has spoken to NFC World about the company’s ambitions for Innovision and for the NFC market as a whole. 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

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

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

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

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

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