Ten Smart Benches have been installed across London to enable passersby to donate £2 (US$3) to Cancer Research UK with a tap of their contactless debit or credit card. The Smart Bench network is currently being piloted in two boroughs in the city, with a further 90 benches to be permanently rolled out later this year. More
The number of connected Internet of Things (IoT) devices and sensors will reach more than 46bn by the year 2021, a 200% increase from 2016, with the global sensors market generating revenues of US$162.36bn on its own by 2019, two research reports from Juniper Research and Frost and Sullivan reveal... More
Software giant SAP is developing a smart vending machine solution that will provide consumers with the ability to make payments via NFC and link purchases made with social profiles, enabling owners to gain insight into consumer preferences and manage their machines more efficiently... More
“Big data” analytics specialist Symphony Teleca has signed a strategic development partnership deal with printed silicon tag maker Kovio... More
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. More
NFC payments are five to ten years away from mainstream adoption and on the crossover between the ‘Peak of Inflated Expectations’ and the ‘Trough of Disillusionment’, according to this year’s Gartner Hype Cycle for Emerging Technologies. NFC as a whole is expected to hit the mainstream more quickly, but is still two to five years away from maturity. More
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