Payments
March 13th, 2012
Savvy consumers wary of wallets
A US consumer survey conducted by Radius Global Market Research has found that consumers under 35 and those identifying as digitally savvy are the most likely to be concerned with mobile payment security and fraud... More
March 13th, 2012
In-Stat: NFC to hit US$9.9bn
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... More
March 13th, 2012
Alix: US consumers want banks to provide digital wallets
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
March 12th, 2012
Juniper: NFC to reach US$74bn
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... More
March 12th, 2012
Nokia Money to close down
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... More
March 12th, 2012
Isis unveils merchant logo
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
March 12th, 2012
PayPal to demo digital wallet
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... More
March 9th, 2012
M-Tel to test NFC in Bulgaria
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... More
March 9th, 2012
UK NFC JV files with Brussels
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
March 9th, 2012
Google warns on rooted phones
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... More
March 7th, 2012
Turkcell signs up 50k wallet users
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
March 7th, 2012
Top POS makers add support for Isis coupons and offers
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
March 7th, 2012
QNB and Qtel to launch NFC services in Qatar
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
March 6th, 2012
Apple awarded payments tracking patent
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
March 6th, 2012
GlobalPlatform to put consumers in control of NFC mobile wallets
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
March 6th, 2012
Visa steps up phone approvals
Visa currently has six certified NFC phones and expects to double that figure in the next few months, the payments network's Andrea Fiorentino has told NFC World. In the near future, Visa expects to have... More
March 6th, 2012
Intel picks NFC TSM
Chip giant Intel has picked Giesecke & Devrient as its trusted service manager for the embedded secure elements built into its smartphone reference design (SRD), a 'plug and play' blueprint that handset makers can use... More
March 6th, 2012
Visa certifies Intel NFC phone
Visa has certified Intel's smartphone reference design (SRD) for use in NFC payments and formed a strategic alliance with the chip maker, designed to develop mobile commerce solutions tailored to consumers in developed and developing countries.... More
March 2nd, 2012
Top US retailers to develop their own NFC mobile wallet
Walmart and Target are among a group of two dozen retailers working on the introduction of an NFC mobile wallet which would compete directly with Isis and Google Wallet, the Wall Street Journal reports. More
March 2nd, 2012
RIM video brings NFC to life
Blackberry maker RIM has produced a short film to show consumers some of the ways using an NFC smartphone can change their lives. NFC payments, physical and logical access control, ticketing, and retail loyalty applications are... More
