Vivotech has completed a Series D funding round, bringing the total the NFC and contactless specialist has raised to date to US$96m... More
Vivotech completes new funding round
Investment
Poken moves to Silicon Valley with $2m investment
NFC gadget and marketing platform provider Poken has announced a US$2M investment round led by Swisscom Ventures and Credit Suisse... More
Telefónica makes strategic investment in Boku
The carrier’s digital division has announced that the mobile payments platform provider, which last month unveiled an NFC service for mobile network operators, is to become its preferred mobile payments partner. More
Boku enters NFC market with white label payments and offers platform
The high profile online mobile payments company, whose services are used by more than 240 mobile network operators around the world, has entered the NFC market with Boku Accounts, a turnkey white label platform that lets carriers offer subscribers a full suite of in-store payments and loyalty services. More
DeviceFidelity raises funds, signs strategic partnership with Datacard
“Financial institutions will have a great opportunity to capitalize on this by easily complementing their card programs without having to make major infrastructure changes to their existing processes,” says the card giant’s Russell St John. More
mFoundry adds Intel, FIS and Motorola to investor list
The mobile banking platform provider will use $18m of new funding for “the development of new payments-related mobile products and services targeted at financial institutions and mobile network operators.” More
mFoundry to add NFC to mobile banking
Six hundred US financial institutions that use mFoundry’s mobile banking platform will be able to add NFC payments to their apps, following a deal signed between the technology provider and payments network MasterCard. More
Telefonica to launch NFC in Europe in ‘the next few months’
The telecoms giant, which runs the Movistar network in Spain and Latin America as well as O2 in Europe and Vivo in Brazil, has announced it will use a central trusted service management solution provided by Giesecke & Devrient to roll out NFC services in Europe next year. More
Zapa returns with €1.1m investment
Irish NFC specialist Zapa Technology, which ran into financial difficulties last month, is back in business with new investment led by technology entrepreneur Brendan McDonagh (pictured), who has become the company’s new CEO... More
Amex to invest $100m
American Express is to invest US$100 million in digital commerce startups over the next several years... More
Docomo buys German bank
Japanese telco NTT Docomo is investing an additional 28.4m euros in Net Mobile AG, which it acquired in 2009, to allow the mobile content distributor to purchase a controlling stake in private German bank Bankverein Werther... More
Masabi raises $4m and moves into NFC
London-based mobile ticketing specialist Masabi has raised US$4m in Series B funding from M8 Capital to support a move into NFC and expansion to the US... More
Tagstand raises $1.1m
NFC startup Tagstand has raised a further US$1.1m, following seed stage funding from tech incubator Y Combinator, reports TechCrunch... More
US telcos to invest $100m+ in Isis NFC venture?
US mobile network operators AT&T Mobility, Verizon Wireless and T-Mobile are planning to invest more than US$100m in their Isis NFC joint venture, Bloomberg reports, citing “people with knowledge of the project.”... More
New production process could cut cost of NFC tags to “just a few cents”
A new production process developed by a UK startup could reduce the cost of NFC tags to significantly under five cents a unit, making it practical for tags to be used in a wide array of new application areas. More
HTC NFC phone to go on sale in China
The HTC Stunning, the company’s first NFC phone, will be launched in China in September via a deal with payments network China UnionPay. More
Vivotech raises $24m in funding
NFC specialist Vivotech has closed a US$24 million Series C round of funding... More
Kovio raises $15m to bring low-cost NFC tags to shops
Printed tag pioneer Kovio has raised US$15million in new equity financing led by Tyco Retail Solutions, a leading retail inventory and asset protection specialist... More
France set for commercial NFC services to begin in spring 2012
Technical specifications have been finalised, the French government is providing €20m to promote the adoption of NFC services and four mobile network operators and four banks have announced they will deploy NFC services nationally in the spring of 2012. More
‘Google Wallet’ to go live on 1 September
More details of Google’s new NFC service are becoming available, but it’s still not clear what business model the company has created for its Google Wallet service. More