Payments
March 11th, 2010
Barclaycard and Orange to launch commercial NFC service by the end of 2010
Card issuer Barclaycard and mobile network operator Orange are to launch a commercial NFC service in the UK before the end of 2010, a senior Barclaycard executive has revealed. Sarah Mansfield, Barclaycard's head of innovation... More
March 11th, 2010
Citi’s Bangalore trial: Offering cardholders phone subsidies can kickstart NFC transaction volumes
'This pilot provides insights which will prove crucial to getting the customer experience right as we, together with the industry, bring next-generation mobile financial services to market,' says Citi. More
March 11th, 2010
DeviceFidelity signs up first licensees for its In2Pay NFC microSD solution
DeviceFidelity has signed up the first licensees for its microSD format NFC solution, UK mobile payments provider Monitise and US mobile solutions provider Ecrio, and has announced version 2 of its In2Pay product, adding support... More
March 11th, 2010
GlobalPlatform sets out branding guidelines for multi-application mobile wallets
The standards body's new Contactless Services technical document sets out how a card issuer's brand identity will be maintained within a consumer's mobile wallet. More
March 10th, 2010
China Mobile confirms purchase of stake in Shanghai Pudong Development Bank
China Mobile has agreed to pay $5.8 billion for a 20% stake in Shanghai Pudong Development Bank (SPD Bank), making the mobile network operator the second largest shareholder in the bank. Shareholders in China Mobile... More
March 8th, 2010
Blackboard adds NFC and contactless support to campus card system
Blackboard, which supplies campus card solutions to hundreds of higher education institutes, has launched a new contactless and NFC-compatible version of its Blackboard Transact card system, based on Sony FeliCa contactless technology. Release 3.6 is... More
March 4th, 2010
Barclays increases contactless transaction limit by 50%
Barclays Bank has increased the transaction limit for contactless cards from £10 to £15. "Contactless technology is undoubtedly the future of payments and we are seeing it grow hugely in popularity," says Brian Cunnington, head... More
March 4th, 2010
EnStream begins Zoompass mobile payments sticker trial
EnStream, the joint venture between Canada's three leading mobile operators which operates the Zoompass mobile wallet service, has begun its first mobile contactless sticker trial. Launched by Bell Mobility, Rogers and Telus in June 2009,... More
March 4th, 2010
Video shows how China Mobile’s RF SIM technology works at the point-of-sale
A reporter from Chinese IT portal Zol.com has produced a video report on China Mobile's new RF SIM-based mobile payments service which shows the technology in action at a local supermarket. The video clearly demonstrates... More
February 26th, 2010
China Mobile to buy stake in Shanghai Pudong Development Bank?
Bloomberg reports that China Mobile may be about to buy a 20% stake in Shanghai Pudong Development Bank at a cost of 40bn yuan (about $5.9bn). The move, if confirmed, would give China Mobile's new... More
February 22nd, 2010
Visa appoints senior GSMA executive to head its move to mobile
Visa Inc has appointed Bill Gajda as its new head of mobile. Gajda will join Visa from the GSMA, where he is currently the mobile association's chief commercial officer, responsible for strategic initiatives including mobile... More
February 22nd, 2010
SK Telekom, Hana Financial to launch mobile contactless service in March
Hana Card, the Korean credit card issuer in which SK Telekom took a 49% stake in December, has announced it is to launch its new mobile proximity service in mid-March. "Our goal is securing 400,000-500,000... More
February 19th, 2010
China Unicom to launch world’s first commercial single wire protocol based NFC service
The mobile operator has signed up five Chinese banks and five transport operators for the commercial launch of its NFC service, scheduled to take place during the second quarter of 2010. More
February 17th, 2010
Canadian mobile operators ‘plan to introduce NFC or contactless handsets within the year’
EnStream, the joint venture between Canada's three leading mobile operators which operates the Zoompass mobile wallet service, aims to offer NFC or contactless enabled handsets to customers within the year, the company has told NFC... More
February 17th, 2010
Cash still accounts for 78% of European payments
Cash payments accounted for 78% of Europe's 388 billion retail payment transactions in 2008, according to a new study by Retail Banking Research (RBR), and the cost of distributing, managing, handling, processing and recycling cash... More
February 16th, 2010
Over 1bn consumers to use mobile banking services by 2015
The global customer base for mobile banking will reach 1.1bn by the year 2015, according to a new report from Global Industry Analysts. Convenience of mobile banking operations and the need to lower transactional costs... More
February 15th, 2010
Cybercom develops NFC solution for parking meters and vending machines
Swedish technology consultancy Cybercom has developed an NFC-based mobile wallet solution aimed at enabling mobile payments at parking meters, stores and vending machines. The system is also compatible with WPKI, a two-factor authentication technology being... More
February 15th, 2010
NFC trial begins at Mobile World Congress
Four hundred Samsung Star NFC handsets are being distributed to selected Mobile World Congress attendees for use at the event, which opens in Barcelona today. Participants can use their NFC phones to pay for food... More
February 15th, 2010
Visa banks to field test DeviceFidelity’s microSD-based NFC solution
The first trials of a Visa-backed NFC add-on will begin during the second quarter of 2010. More
February 12th, 2010
US firm to offer Chinese RF SIM system worldwide
The RF SIM payments system developed by Chinese firm Trunkbow, in which VeriFone became an investor yesterday, is to be launched worldwide via US start-up MobilePay, the company's chairman Rick May tells NFC World. "The... More
