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Archive: The Market

GSMA calls for feedback on NFC loyalty and coupon proposals

May 10th, 2013

The GSMA has published a proposed technical specification for a common standard for managing loyalty cards, coupons and vouchers in a mobile wallet — and is asking for feedback on its proposals from retailers, loyalty… More

Has NFC missed the mobile payments boat or will the industry rise to the cloud payments challenge?

May 1st, 2013

In the April issue of Mobile Wallet Outlook the NFC World team examines why NFC is failing to gain traction in the mobile payments market, analyzes the range of cloud-based options available for those seeking to deliver mass market mobile wallets — and sets out in detail how MCX’s barcode and cloud-based wallet will work, when it’s likely to launch and who is already using the same approach today. More

MasterCard blames carriers for NFC payments delays

April 29th, 2013

“The telcos keep on doing the same thing, they get arrogant and then they get disintermediated,” MasterCard’s Jorn Lambert has told The Australian Financial Review. More

Inside Secure NFC chip sales fall

April 29th, 2013

Inside Secure has reported a fall in revenues of 68% year-on-year for its Mobile NFC division. Revenues were just US$4.5m in the first quarter of 2013, down 61% on the fourth quarter of 2012. “BlackBerry… More

Eurosmart ups NFC SE forecast

April 29th, 2013

250m NFC secure elements will be shipped in 2013, Eurosmart forecasts, up some 67% from the 150m units shipped in 2012 and an increase on the smart card trade body’s last estimation in November 2012. Smart secure contactless devices will also see a rise this year, from 660m units in 2012 to 895m in 2013, an increase of 36%.

Consumer awareness of NFC remains low across Europe

April 10th, 2013

Only 8% of European consumers are aware of NFC technology, up just 2% from a year ago, a survey of 9,000 people in six European countries has found. QR Codes, meanwhile, recorded a 14% rise… More

UL to offer Mifare testing

April 10th, 2013

UL Transaction Security is to develop and run a Mifare Test Centre, offering functional certification services for Mifare contactless cards and Mifare applications running on mobile devices. “The UL Mifare Test Center will guarantee interoperability across third party Mifare implementations in an increasingly global multi-vendor environment,” the company says.

NFC SIM shipments up 87%

April 10th, 2013

A total of 30m NFC SIMs were shipped globally by members of the SIMalliance in 2012 — an 87% increase on 2011. The Japan/Korea region was the largest market with 21m NFC SIMs shipped, followed by Western Europe at 6m. SimAlliance members, who account for 90% of the global market, shipped a total of 4.6bn SIMs in 2012, up 6% on 2011.

NBS gets Turkish TSM deal

April 4th, 2013

NBS Technologies has announced that its Xpressi Trusted Service Manager (TSM) platform has been chosen by an unnamed customer in Turkey. Installation is due to take place early this month.

MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data

March 20th, 2013

The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not.  More

Inside Secure to cut jobs after “a disappointing performance in 2012”

March 7th, 2013

Up to 20% of the workforce could lose their jobs at the publicly listed NFC, contactless and security chip specialist following the announcement that revenues fell by 19% in 2012 and losses were “impacted by the disappointing performance from the NFC business”. More

AccelerateNFC offers funding to startups

March 6th, 2013

A new startup incubator dedicated to NFC-based projects has announced it will be offering funding of US$5,000 per founder as well as mentoring, legal advice and work space support to individuals and teams with the… More

Google joins NFC Forum board of directors

March 5th, 2013

Ten other organisations have also joined the NFC standards association for the first time, bringing total membership “to a record high of over 180 companies and non-profit groups.” More

Russian carriers plan NFC JV

February 27th, 2013

Russia’s “Big Three” mobile network operators — MTS, Vimpelcom and MegaFon — are in discussions to create a joint venture company for the rollout of NFC services, Alexander Popovskiof, vice president of operations at MTS, has told Vedomosti.

GSMA honors KT and SK Telecom for NFC

February 26th, 2013

Korean mobile network operators KT and SK Telecom have been named as the winners of the 2013 GSMA Chairman’s Award, the association’s most prestigious honour, in recognition of “their pioneering efforts and leadership in driving the adoption… More

MasterCard reports on consumer attitudes to mobile payments

February 26th, 2013

A social media study conducted by MasterCard and Prime Research has identified a high volume of conversation and consumer interest in adopting mobile payments — as well as highlighting a number of barriers to entry…. More

Samsung and Visa announce NFC payments plan that cuts out the carriers

February 25th, 2013

The handset maker and payments network have announced a plan to pre-load Visa’s payWave applet on embedded secure elements in “selected” next generation Samsung devices — potentially enabling banks to offer NFC payments without any involvement from the mobile network operators. More

Japan, China and Korea to get international NFC roaming

February 25th, 2013

Mobile network operators in the three countries have agreed technical specifications that will enable consumers to make use of NFC payments and other services in both their home country and abroad. More

The new issue of Mobile Wallet Outlook is now out

February 11th, 2013

The January/February issue of the monthly trends bulletin from the NFC World team’s business intelligence service examines the impact on the mobile wallet market of the new Facebook Card, the arrival of NFC in the home and the latest mobile wallet business developments from around the world. More

NFC Forum adds payments, retail, consumer electronics, healthcare and transport groups

January 25th, 2013

“By helping us focus our efforts and expertise on the specific needs of key market sectors, the SIGs will enable the NFC Forum to facilitate and accelerate the delivery of exciting new NFC solutions to consumers,” says Forum chairman Koichi Tagawa. More

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