News about Regulation.
October 2nd, 2013
NFC provider iZipline has unveiled PackageTagz, a patent-pending process for adding NFC functionality to pouch packaging. PackageTagz applies an NFC tag as the package is produced and is tethered to a software platform provided by…
January 24th, 2013
The decision, taken yesterday by Taiwan’s Fair Trade Commission, to grant conditional approval for Taiwan’s five carriers and transit card issuer EasyCard to set up a national TSM joint venture for NFC payments and ticketing has not…
January 23rd, 2013
Taiwan’s Fair Trade Commission has given the go-ahead for transportation card issuer EasyCard and the country’s five carriers to form a joint venture company to deliver NFC payments and ticketing services — provided the partners comply with a number of conditions designed to ensure a competitive environment is maintained.
December 5th, 2012
NFC and secure chip specialist Inside Secure has appointed four sales agents in Latin America and the Middle East. BP Electronica, a division of US-based BP Sales, will represent Inside in Mexico, while Electrocomponentes will handle Argentina, Tritech…
November 26th, 2012
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale.
October 8th, 2012
Transaction automation specialist JCM Global has demonstrated an NFC-based mobile wallet designed to be used in casinos. The new Mobile Wager Wallet has been jointly developed by JCM and mobile contactless technology specialist Techfirm and…
October 3rd, 2012
Isis has struck a deal with vending machine technology provider USA Technologies (USAT) that will see the NFC venture paying USAT a subsidy for converting up to 7,500 vending machines to accept Isis payments in…
September 20th, 2012
“Rogers expects to launch a credit card that will be part of a ‘virtual wallet’ as the telecom company moves to mobile payments on smartphones,” the Montreal Gazette reports: Chief executive Nadir Mohamed said Monday…
September 5th, 2012
The Hong Kong Monetary Authority (HKMA), the government body responsible for the maintenance and development of Hong Kong’s financial infrastructure, has announced plans to implement a series of retail payment initiatives, including a first step towards…
September 5th, 2012
The European Commission has given its unconditional approval for the UK’s three largest mobile network operators to form a joint venture company to introduce NFC mobile payments and promotional services in the UK.
August 16th, 2012
July 19th, 2012
ABN Amro, ING, KPN, Rabobank and Vodafone are exploring a range of alternative ways to work together to introduce NFC services in the Netherlands, program director Wim Westerhof has told NFC World, in a bid to avoid the regulatory hurdles associated with forming a joint venture company.
July 9th, 2012
The European Commission is set to green light the creation of a joint venture company to bring NFC to market in the UK, according to the Financial Times. Project Oscar, first announced in June 2011…
July 3rd, 2012
“We want to build a comprehensive ecosystem around mobile payment, helping Telekom to realise its strategy of being the first choice for customers regarding connected life and work,” says the T-Mobile operator as it signs a partnership deal with MasterCard and outlines four “strategic pillars” for its move into financial services.
May 30th, 2012
Global mobile payment transaction values are set to grow by 42% a year, say the analysts, but the market will be fragmented over the next two years and NFC payments won’t hit the mass market until 2015.
Canadian banks issue landmark NFC payments guidelines that focus on open mobile wallets and consumer data protection
May 14th, 2012
The Canadian banking and credit union industry’s Mobile Payments Reference Model provides a detailed blueprint for how NFC mobile payments can be offered in Canada, how open mobile wallets will be and how consumer privacy will be assured.
May 4th, 2012
The European Commission has prolonged the deadline for a decision on whether to give the go ahead to the UK carrier-led ‘Project Oscar’ NFC joint venture, Bloomberg reports. The decision will now not be made until 19 September, 17 days later than originally planned. “The EU’s merger control authority didn’t give a reason for the extension,” says Bloomberg. Objectors to the venture included Google and PayPal, according to the Financial Times.
April 16th, 2012
The European Commission has opened an in-depth investigation into the planned NFC joint venture between Everything Everywhere, Telefónica and Vodafone UK which will delay launch until after the London Olympics and casts doubts over the timetable for the introduction of similar projects in a number of other European countries.
February 29th, 2012
February 20th, 2012
The UK NFC joint venture announced last year by mobile network operators Vodafone, O2 and Everything Everywhere is expected to seek the official go ahead for the scheme, dubbed Project Oscar, in the next two…