53 news stories.
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• Should ABI Research be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Global payment card shipments will total 3.029bn in 2022, falling slightly from the total of 3.11bn cards shipped during 2021 because of the impact of the Covid-19 pandemic and ongoing disruption to the global chip supply, according to a forecast by ABI Research... More
More than eight in ten consumers have used “an NFC contactless card or mobile payment wallet” (85%) and contactless payment card usage has increased by 30% over the past two years, according to a survey of consumers in nine countries around the world that has been conducted for the NFC Forum... More
Disruption in global chip supply is threatening the issuance of up to 1bn payment cards over the next 18 months, with 347m cards at risk of not being issued in the second half of 2021 and up to 740m in 2022 because of “significant chip shortages”, according to an ABI Research forecast... More
The number of open-loop EMV contactless cards used to make transit ticketing payments worldwide will increase from 24.8m currently to 136.9m by 2025, according to an ABI Research forecast... More
As many as 2.5m biometric payment cards will be issued during 2021, according to an ABI Research forecast, with more than 20 biometric payment card pilots already underway across the globe... More
Seven in ten consumers are confident with the security contactless cards/mobile wallets provide and 88% report a consistently positive user experience with NFC contactless technologies, a survey of consumers in nine countries around the world has found... More
The market for payment-enabled wearable devices will reach US$7.2bn in 2024, “driven by a surge in contactless payment adoption, as a result of growing usage of contactless cards and near field communication (NFC)-enabled mobile payments,” ABI Research predicts.... More
An additional 110m contactless payment cards will be issued in 2020 compared with pre-Covid-19 forecast expectations, ABI Research predicts, bringing the total in circulation to more than 2bn... More
NFC tags represent an “enormous growth opportunity” and are now “ready for the mainstream”, according to a new forecast by ABI Research which is available to download free of charge from the NFC World Knowledge Centre... More
Contactless payment cards forecast to account for over 50% of all cards delivered globally in 2018 — ABI Research — “Contactless payment card issuance is set to hit 1.5bn units in 2018, accounting for over 50% of all payment card shipments delivered globally… Breaking the 50% barrier marks a significant milestone in contactless card migration, where market momentum is expected to continue due to next-generation migration opportunities, most notably in the US, India, South East Asia, and Latin America. These opportunities are helping to push contactless card issuance volumes toward 2.3bn annually by 2022.”
PARTNER NEWS: NXP has launched two new NFC tags that incorporate both product protection and channel authentication security features, enabling brands to take advantage of the tag reading capabilities of both Android and iOS devices to roll out NFC-based customer communication and product authentication services at scale... More
Biometric payment cards to boost banking industry security — ABI Research — “Fingerprint embedded payment cards will enjoy an impressive growth over the next years reaching 160 million shipments by 2022 with a five-year CAGR standing at approximately 400%. While the Middle East, Africa and North America will be among the first regions geographically in which higher shipments are expected during 2018, forecasts indicate that Europe and Asia Pacific will have a larger penetration rate over the coming years.”
Global EMV payment card shipments increased by less than 1% year-on-year in 2016, reaching nearly 3bn, ABI Research says... More
The NFC SIM card is losing its fight against embedded secure elements and host card emulation (HCE) technologies which are “continuing to gain momentum due to ongoing interest from banks, financial institutions and transportation authorities,” ABI Research says... More
Global revenues for biometric banking technologies are expected to top US$4bn by 2021, ABI Research has revealed... More
The Bluetooth Low Energy (BLE) beacon market will more than double in 2016, remaining on track to break 400m shipments by 2021, ABI Research forecasts... More
PARTNER NEWS: Digital security giant Gemalto has been awarded the “leading position among mobile ticketing vendors” by Juniper Research for the second consecutive year... More
PARTNER NEWS: Digital security giant Gemalto is supplying Singapore’s mobile network operators with UpTeq Multi-Tenant NFC SIMs for the rollout of a service enabling commuters to use a mobile version of their EZ-Link transit card to pay for public transportation and for purchases at some 30,000 local retail outlets... More
The global biometrics market will reach more than US$30bn by 2021, representing a 118% increase from 2015, according to a new forecast from ABI Research... More
EMV shipments in the US will reach approximately 617m units in 2016, ABI Research predicts... More