“This solution allows the financial institution to 100% independently define its business model, thus solving the current barriers we are facing with current SE-based NFC solutions,” Carlos Alberto Pérez Lafuente, director of innovation for e-strategy and management at Bankinter, has told NFC World. More
Active users are now paying with Isis five or more times a week, says Jim Stapleton, the NFC payments platform’s chief sales officer. “Consumers actually only need to know about the passcode, and you kind of have a mental ‘Oh!’ right there as they realize their leather wallet does not have a passcode,” he explained. More
The Spanish bank is to issue contactless TAP Visa stickers in Barcelona, and expects some 200,000 to be in use by the time the city hosts the Mobile World Congress in February. 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
Inside Secure‘s Mobile MasterCard PayPass M/Chip 4 payment applet has received MasterCard‘s Cast and Functional certification when credentials are stored on the chip specialist’s SecuRead embedded NFC module or VaultSecure secure element... More
The new NFC solution is designed to offer the same user experience — and the same level of security — whether a shopper is presenting a merchant with a physical card or making a remote ecommerce or mcommerce transaction. More
Capacitive sensing provider Cirque has teamed up with authentication specialist SecureKey to build EMV payments security into its GlidePoint NFC-enabled trackpad... More
“With the availability of the VaultSecure IC, smartphone manufacturers, mobile network operators and other trusted third parties can co-own the SE and install, personalize and administer their own open- or closed-loop payment, access control, transit, loyalty or other secure applets,” says Inside’s Pierre Garnier. More
A US-based start-up has developed an alternative approach to storing the sensitive data required to make a transaction with an NFC phone. Rather than placing it in a secure element on the phone, SimplyTapp stores the data in the cloud on a “remote secure element” and passes encrypted transaction data through the phone to a point-of-sale terminal when the user makes a purchase. More
Payments supplier Tsys has added North American support for its Tsys NFC Payment Solution, in preparation for Canadian bank CIBC’s planned launch of commercial NFC services... More
Chip and pin standards body EMVCo and the NFC Forum have agreed to work together to optimise the development and testing process for NFC devices... More
Hong Kong-based NFC and smart card reader specialist Advanced Card Systems (ACS) is moving into the contactless point-of-sale terminal market... More
Pay-at-pump technology providers Gilbarco Veeder-Root and GE-owned Wayne have agreed to build Isis’s SmartTap technology into their fuel dispensers, ahead of the NFC joint venture’s first pilots in Austin and Salt Lake City. More
The Australian bank has followed its Kaching mobile payments service with the launch of a point-of-sale application development platform that works with an Android-based POS terminal as well as an add-on for Apple iPhones and iPods and is designed to allow developers to add new types of features for merchants via mobile phone-style apps. More
US drivers will soon be able to pay, claim loyalty points and redeem offers at the fuel pump using their NFC phones... More
A new rugged tablet PC comes with an optional mobile payment module that can be used to process NFC transactions... More
MasterCard has proposed the formation of a cross-industry group designed to foster collaboration and alignment between all stakeholders in the coming move to EMV “chip and pin” technology in the United States... More
The fast food giant has signed up to pilot test a new cloud-based NFC payments service developed by Austrian mobile network operator A1 and Paybox Bank. Supermarket chain Merkur will also participate in the trial. More
The Thales OR 500 is a new reader designed for the transportation ticketing market that works with both traditional contactless transit cards and EMV bank cards... More
US financial institutions had issued one million Visa-branded EMV chip cards by the end of December 2011, the payments network reports... More