Frost & Sullivan

15 news stories.

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What's New in Payments

Chinese mobile payment users set to double by 2023

By Sarah Clark • • Updated • nfcw.com

Mobile payments market in China is expected to witness three-fold growth with doubling of active mobile payment users by 2023 — Frost & Sullivan — “The market of mobile payments services in China is expected to grow at a compound annual growth rate (CAGR) of 21.8% from 2017 to 2023, growing three-fold from US$29.93 trillion to US$96.73 trillion. The total number of active mobile payment customers is expected to reach 956 million by 2023 from 562 million in 2017 which will attract additional investments from mobile payments market participants.”

What's New in Payments

What’s New in Payments: Leading international innovators explain the latest payments trends and technologies in free special report

By Christopher Brown • • Updated • nfcw.com
What's New in Payments

Senior executives from Starbucks, Pizza Hut, Barclaycard, Swatch and CaixaBank are among 12 leading payments innovators who have contributed to What’s New in Payments, a 104-page special report that is now available to download free of charge from the NFC World Knowledge Centre... More

600m mobile devices to include biometrics by 2021

By Christopher Brown • • Updated • nfcw.com
Juniper Research

More than 600m mobile devices worldwide will include biometric authentication within the next five years, up from 190m in 2016, with demand for methods that involve less hardware raising the profile of solutions such as voice and facial recognition, a report from Juniper Research says... More

NFC World

World’s leading mobile operators commit to NFC — with the SIM as the secure element and the operators in control

By Sarah Clark • • Updated • nfcw.com
GSMA

The GSMA has issued a statement outlining a commitment by leading global mobile network operators — many of whom have not previously been involved in NFC — to launch commercial services in 2012. “The operator community is focused on driving the standardised deployment of mobile NFC, using the SIM as the secure element to provide authentication, security and portability,” says the announcement.  More