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
Isis
Chase picks Gemalto for NFC
The announcement earlier today of a deal between Chase and carrier-led NFC joint venture Isis is just the start of the US banking giant’s NFC plans, the company has revealed... More
Isis announces first banking partners: Chase, Capital One and Barclaycard US sign up
The three card issuers’ 100 million customers will be able to store a full range of credit, debit and prepaid cards, as well as loyalty cards and special offer coupons, on their NFC mobile phones. More
Isis details NFC wallet plans
“The Isis mobile wallet, set for release in two US cities this summer, will feature a prepaid card with cash already loaded and a capability to ‘follow’ participating merchants to receive coupons and other offers,” reports Digital Transactions, which attended an event held by Isis last week in Austin, Texas... More
Isis discusses Salt Lake City NFC pilot plans
The Isis NFC pilots due to take place in Salt Lake City and Austin from this summer will run for six to twelve months before a nationwide rollout begins, the carrier-led joint venture’s Jim Stapleton has told delegates attending the Smart Card Alliance Payments Summit... More
Smart Card Alliance publishes NFC transit white paper
A white paper designed to show how the transit industry can best make use of NFC technology has been published by the Smart Card Alliance... More
VeriFone sets out its plan for Point
VeriFone has completed its €600m acquisition of Point International, northern Europe’s largest provider of payment and gateway services and solutions for retailers and a supplier to PayPal’s NFC trial in Stockholm... More
Isis reveals global ambitions
US NFC venture Isis is exploring the potential of expanding overseas, Bloomberg reports... More
Isis picks Gemalto for NFC mobile commerce platform
The core trusted service management (TSM) platform to be used by the US NFC joint venture between AT&T, T-Mobile and Verizon Wireless will be provided by France-based Gemalto. More
Verizon and Google fire first shots in the mobile wallet wars
“Recent reports that Verizon is blocking Google Wallet on our devices are false,” says Verizon. “We are continuing our commercial discussions with Google on this issue.” More
Top Nokia NFC executives jump ship
The handset maker’s lead delegate to the NFC Forum and its head of NFC business development for the Americas have now left the company. The UK-based VP of industry collaborations will leave at the end of December. More
VeriFone buys Point in move to managed services
VeriFone has acquired electronic payments specialist Point International from Nordic Capital for €600m (US$812m) as the POS terminal maker accelerates its transition to a managed services revenue model... More
NJ Transit to enable Google Wallet users to buy tickets with NFC
New Jersey Transit has become the first public transportation operator to announce plans to enable travellers to pay for fares with Google Wallet-enabled NFC phones. More
NFC Forum adds 29 new members
Companies joining the NFC standards association include advertising agency Dentsu, handset makers HTC and ZTE, MNO payments joint venture Isis and, at board level, UK-based Barclaycard. More
New Broadcom chips signal next stage of the mobile wallet wars
The company’s new NFC controller chips allow multiple secure elements to be active on a single phone at the same time, making it possible for consumers to use both a mobile wallet supplied by a mobile network operator and a mobile wallet supplied by a bank, handset maker or operating system supplier. More
Leading handset makers announce support for Isis
HTC, LG, Motorola Mobility, RIM, Samsung Mobile and Sony Ericsson as well as MicroSD device maker DeviceFidelity have agreed to implement Isis NFC and technology standards. More
US telcos to invest $100m+ in Isis NFC venture?
US mobile network operators AT&T Mobility, Verizon Wireless and T-Mobile are planning to invest more than US$100m in their Isis NFC joint venture, Bloomberg reports, citing “people with knowledge of the project.”... More
Isis picks C-Sam to supply NFC mobile wallet technology
The C-Sam platform will enable Isis to offer smartphone users a comprehensive mobile wallet for conducting secure NFC transactions related to payments, rewards, coupons, tickets, transit and other services. More
NFC will take time to build, says Amex chief
Edward Gilligan, vice chairman at American Express, has set out the thinking behind the payments giant’s recent series of deals with Isis, Facebook, Foursquare, Sprint and Verizon in an interview with Bloomberg TV. More
Google Wallet now in field testing
Google has been field testing its NFC payments service with a large group of users since late May and, from later this summer, anyone with a Nexus S 4G and a Sprint contract will be able to use their phone to make mobile payments at merchants that accept MasterCard PayPass. More