SimplyTapp, the US startup which created Host Card Emulation, bypassing the need to use a carrier controlled SIM-based secure element in NFC transactions, has raised a Series A funding round led by Lightspeed Venture Partners... More
The Federal Reserve Bank of Boston has published a summary of a June meeting of its Mobile Payments Industry Workgroup (MPIW) that sets out a number of reasons why NFC has not yet taken off in the US... More
NFC device maker Famoco has raised a US$1million finance round from two venture capital funds... More
The UK Government’s Technology Strategy Board is providing a £1.1m grant to a consortium led by Tedipay that is developing MultiPass, a smart ticketing service designed to offer a single, nationwide travel pass that will always charge travellers the lowest possible fare... More
The Centre for Process Innovation, a consortium of major suppliers in the print, electronics and design industries, is to lead a £10m (US$16m) project to create a UK supply chain that will enable the widespread adoption of low cost NFC components using printable electronics... More
Cloud-based wallet provider Cashcloud has secured second round funding as it looks towards adding NFC payments... More
Pet ID tag and platform provider PetHub has closed a Series A investment round taking its total funding so far to US$1.7m, the Puget Sound Business Journal reports... More
FlockTag, a technology startup working to digitise customer rewards for smaller businesses, has raised US$1m in series A funding for its NFC loyalty card and mobile app service... More
Ten startups with great NFC and contactless ideas will be able to access a three month program of assistance and guidance, €15,000 in seed funding, free office space, a sponsor package and the chance to pitch their final product to investors. More
A new report from the NFC World team has found that Disney’s new MagicBand bracelet system provides unmissable lessons for anyone planning, implementing or supplying mobile wallet solutions. More
The Sydney-based NFC specialist is to use the funds to expand internationally, adding a local presence in South Africa, Israel, India, Mexico, the US, UK, Sweden, Japan, Vietnam, UAE, Singapore and, potentially, China. More
MasterCard has signed a strategic partnership agreement with C-Sam and also acquired a minority shareholding in the NFC mobile wallet and transaction platform provider... More
“Tyfone has an impressive patent portfolio and history of innovation in mobile financial, secure ID management, and NFC solutions,” says Jay Emmanuel, technology VP at IQT. “We believe that Tyfone’s technology has the potential to address a wide range of complex government and commercial secure identity challenges.” More
NFC innovator Flomio has passed its target of raising US$80,000 on crowd funding site Kickstarter... More
A Kickstarter project that will offer consumers building blocks for easy home automation, monitoring and control is set to support NFC... More
The fast growing Sydney-based start-up already counts Coca Cola, RIM, Johnson & Johnson and Unilever amongst its clients and has just implemented a major new project for Australian carrier Telstra. More
Malaysian transit card issuer Touch ‘n Go will begin pilot testing an NFC payments service in collaboration with mobile network operator Maxis and CIMB Bank in the next two months, news agency Bernama reports... More
Mobile operator TeliaSonera has invested in Stockholm-based mobile payments specialist Accumulate, which supplied the technology underpinning the Swedish networks’ WyWallet service announced last week... More
Identive Group is to cut its global workforce by 11% as part of a cost reduction plan designed to save US$4m to $5m this year... More
With an NFC-enabled Nook, you could “walk up to any of our pictures, any [of] our aisles, any of our bestseller lists, and just touch the book, and get information on that physical book on your Nook and have some frictionless purchase experience. That’s coming, and we could lead in that area,” the US bookseller’s CEO has told Fortune. More