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Archive: The Market

Video demos show how Apple Pay users will make a payment with the iPhone 6

September 11th, 2014

Videos of Apple staff demonstrating how Apple Pay will be used to make payments in stores and for in-app purchases have now been made available, providing further details of how the new mobile payments service… More

No support for carriers’ NFC SIMs in Apple devices?

September 10th, 2014

Softcard, the US carrier-backed NFC venture formerly known as Isis, won’t have access to the NFC support in the new iPhone 6, iPhone 6 Plus and Apple Watch until 2015, a blog post by CEO… More

Isis to rebrand as Softcard

September 3rd, 2014

US NFC mobile payments venture Isis has chosen Softcard as its new name. The move follows a July decision to abandon its original name in response to the growing profile of the Isis militant group. “The inherent simplicity of Softcard gives it the potential to become a category defining name,” CEO Michael Abbott explains in a blog post. “That’s a bold aspiration, but one that matches the breadth of our vision.”

Invitation to contribute to the NFC World+ Knowledge Centre

August 7th, 2014

NFC World+ is introducing a new service in September 2014 that will go beyond the news to provide our readers with in-depth information on the technologies driving the future of commerce. Initial expressions of interest are now invited from readers who would like to share their knowledge and experiences with our 100,000+ monthly visitors. More

British Banking Association reports on UK’s banking ‘revolution’

July 9th, 2014

Mobile and internet banking in the UK is now being used for transactions worth nearly £1bn a day and totalling £6.4bn a week, up from £5.8bn last year, according to an industry-wide report on how… More

Juniper predicts 1.5bn mobile wallets in 2018

May 20th, 2014

There will be more than 1.5billion mobile wallets in use around the world by 2018, according to a new forecast from Juniper Research, representing one in five handsets and up from one in 10 at the… More

Brightwire: Apple signs mobile payments deal with China UnionPay

May 12th, 2014

“Apple is likely to incorporate a near field communication (NFC) payment function in the next generation iPhone and has reached an agreement with China UnionPay on a mobile payment service,” investment newswire Brightwire reports, citing… More

Introducing NFC World+, the new way to keep up to date with the mobile transaction revolution

May 7th, 2014

Starting today, NFC World has a new name and a new mission — to report on the full array of emerging technologies that are transforming how consumers choose what to buy, who to buy from,… More

Japanese carriers ship 14m NFC phones

May 1st, 2014

There were 13.92m NFC mobile phones in service in Japan at the end of January 2014, the Mobile NFC Association (MoNA) reports, and a total of 70 models of mobile phone that support NFC services are now available from the country’s three mobile network operators.

SIMalliance reports 159% growth in NFC SIM shipments

April 24th, 2014

A total of 4.2bn SIMs were shipped in 2013 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, 5% down on 2012. The drop was due… More

PayPal takes another look at NFC

April 22nd, 2014

The arrival of host card emulation (HCE) has led to a re-think of online payments giant PayPal’s famously anti-NFC point of view, company president David Marcus has revealed. “I’m moving from being a massive skeptic… More

NFC Forum updates specs with support for pairing at a distance

April 16th, 2014

New versions of nine NFC Forum specifications have been published today, including version 1.3 of the NFC Connection Handover Technical Specification which now provides a way to use an intermediary NFC device to set up… More

GSMA reports on NFC adoption at MWC, SIM trends and HCE

April 14th, 2014

One in nine attendees at Mobile World Congress (11.8%) made use of the NFC Badge function available at this year’s event, the GSMA has told NFC World, and there was a “significant increase” in the… More

Apple iWatch to ship with NFC this year?

April 11th, 2014

Apple will enter the wearable devices market “this fall” with an iWatch that includes a secure element, NFC communications capabilities and support for biometrics, according to a new research note by Taiwan-based KGI Securities analyst… More

Blaze seeks buyer for early NFC patent

April 8th, 2014

Blaze Mobile is selling US patent number 8,630,905, an NFC payments patent entitled “Single Tap Transactions using a Secure Element” that dates back to 2007. The patent sale is being handled by ICAP Patent Brokerage…. More

Royal Canadian Mint puts Mintchip digital currency up for sale

April 8th, 2014

The Royal Canadian Mint is halting development of its MintChip digital currency and is now looking to sell the business. The company has been piloting the currency in the cafeterias at its Ottawa and Winnipeg… More

Intel and Inside Secure agree US$19.2m NFC technology deal

April 1st, 2014

Intel is to acquire Inside Secure‘s next generation NFC modem technology in a US$19.2m deal that will also see the existing NFC licensing agreement between the two companies being converted into “a broad and fully… More

NFC Forum issues statement on host card emulation

March 20th, 2014

The NFC Forum has issued a statement outlining its position on host card emulation (HCE). The industry body confirms that the use of HCE does not conflict with its own standards but cautions that “service… More

NFC Forum adds members

March 13th, 2014

Xerox and Thinfilm have joined the NFC Forum as principal members. Nine companies have joined as associate members — Allion, Amotech, DigiCert, Ixxi, Korea Smart Card Co, PLDS, Seiko Epson, TrustPoint Innovation Technologies and TUV Rheinland. A further ten companies have joined as implementer members: AK Stamping, BMW, Elatec, NEC Tokin, Prestigio, Shanghai Fudan Microelectronics, Silicon Craft Technology, Sino-American Electronics (SAC), Sonim and Yulong.

New EMV framework to support NFC, QR, Bluetooth LE and more

March 6th, 2014

A new tokenization framework being developed by EMVCo for the world’s major payments networks will enable EMV transactions to be made on a mobile phone using the widest possible range of “last inch” technologies— and… More

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