News about Competition.
October 17th, 2016
Apple’s claim that allowing access to the NFC technology within its iPhones would diminish the security of Apple Pay has been branded “completely baseless” by a group of four Australian banks, who are seeking greater…
September 13th, 2016
A group of South Korean financial services providers are following in the footsteps of four Australian banks by preparing to take action against Apple in a bid to pressurise the technology giant into opening up…
August 31st, 2016
Apple has made clear that allowing access to the NFC technology within its iPhone is “not open to negotiation with any bank”.
August 30th, 2016
Supermarket giant Coles is backing the group of Australian banks seeking power to “collectively negotiate” with third party mobile wallet providers. “We believe the ability to tailor solutions for customers and provide them with greater value should be the driver for customer choice and not a technical lockout,” says the retailer in a submission to the Australian Competition and Consumer Commission (ACCC). Earlier this month the ACCC ruled that it would not grant the banks interim authorization to collectively negotiate.
August 22nd, 2016
The Australian Competition and Consumer Commission (ACCC) has decided not to grant a group of Australian banks interim authorization to “collectively negotiate” with third party mobile wallet providers.
August 10th, 2016
Apple is urging the Australian Competition and Consumer Commission to reject a request from a group of the country’s banks to “collectively negotiate” with third party mobile wallet providers over the introduction of mobile payment services.
July 29th, 2016
Australian bank ANZ is being accused of “pulling a fast one” after walking away from a collaborative effort with its big four rivals to seek stronger negotiating powers over third party mobile wallets and announcing its support for Apple Pay. “One of the applicants was ANZ Bank,” says Lance Blockley, a spokesman for the applicant banks, as reported by news.com.au. “They chose to pull a fast one on their competitors and their joint applicants earlier this year when they withdrew from the group of applicants and decided to negotiate separately with Apple.”
July 27th, 2016
A group of Australian banks have submitted an application to the Australian Competition and Consumer Commission (ACCC), urging for the right to ensure they are able to “collectively negotiate” with third party mobile wallet providers.
June 3rd, 2016
The European Commission has approved the proposed acquisition of Visa Europe by Visa. “Visa has now received all regulatory approvals required for the acquisition,” Visa says. “The transaction has already been cleared by both the Jersey and the Turkish competition authorities. The transaction is expected to close in Visa Inc’s fiscal third quarter of 2016. Visa will announce the closing once it has occurred.”
April 26th, 2016
Nearly three quarters of European retailers and financial institutions (71%) plan to increase their spending on payments technology in the next 18 to 24 months due to increasing competition and a feeling of being “under siege”, research from ACI Worldwide and Ovum shows. “Banks are seen as the primary provider of payment services by European retailers,” says ACI Worldwide. “87% want to work directly with banks.”
January 11th, 2016
Attendees at this year’s CES show in Las Vegas had the chance to participate in a scavenger hunt that used Bluetooth low energy (BLE) beacons provided by Radius Networks. The devices alerted participants on their smartphones whenever they were near a hunt location and could earn scavenger hunt badges. Beacon solution provider Kontakt.io hosted a US$1m beacon hunt at the event last year.
January 7th, 2015
Beacon solution provider Kontakt.io is hosting a Bluetooth-based treasure hunt with a million dollar prize at the CES in Las Vegas. Show visitors can download the $1m Beacon Hunt app and look for Bluetooth beacons hidden throughout the North, Center and South halls. “Anyone can download the app from the Android or iOS app stores, and can check out the 24 hints to get 24 chances to win the big prize,” the company explains.
October 28th, 2014
“The decision by CVS and Rite Aid to block mobile payments services like Apple Pay, Google Wallet and Softcard is anti-consumer and anti-competitive,” says US-based trade body the Electronic Transactions Association (ETA), following the MCX consortium…
June 10th, 2014
Bell ID and Spanish ticketing specialist Aditium have picked up awards at a live pitch contest to identify ‘the next big thing’ in proximity. After a series of five-minute presentations, Bell ID’s Secure Element in the Cloud solution was chosen by a judging panel, while Aditium’s HCE-based Ticktrack ticketing solution won an audience vote. The contest was held as part of the NFCP Global Summit in London last week.
April 29th, 2014
Fans attending gigs by Warner Music act The Wild Feathers have been provided with guitar picks containing an NFC tag. These could then be used to enter a competition, share content via social media and…
March 11th, 2014
Portsmouth Football Club has added stickers containing NFC tags and QR codes to the back of seats in its stadium, enabling fans to enter a Man of the Match competition by tapping or scanning the…
February 24th, 2014
NXP has teamed up with Microsoft, Lenovo and Identive to run an NFC Windows Application Contest. Cash prizes totalling US$22,500 are on offer, plus NFC development kits and US$100 Amazon vouchers. The free-to-enter competition is a “unique opportunity to learn about NFC on Windows 8 and 8.1, propose application ideas and receive everything needed to prototype it,” says NXP.
December 6th, 2013
Shoppers at the Southgate Centre mall in Edmonton, Canada, can now access a range of information and offers by tapping their NFC phone to interactive directory points provided by Visionstate. Coupons, product information, restaurant menus and competitions will all be available via the Virtual Customer Care Interface (ViCCi) points.
December 5th, 2013
Hong Kong fashion retailer Central Central has used NFC at a party celebrating its second anniversary. By checking in at NFC tablets placed at key locations around the store, guests could interact with motion-based games…
December 4th, 2013
An app that allows NFC wallet users to share information on the purchases they make as well as recommend promotions and businesses to other users has won the €10,000 (US$13,588) first prize in a hackathon organized by Spain’s CaixaBank. The Foobar team’s app “gives individuals a means of sharing their opinions, while it also includes a gamification system to attract users,” the bank says.