Nine in ten of the people surveyed for a new mobile payments index who had used an NFC phone to make a payment said they would do so again but 33% said they had not heard of the technology before and 35% said they wouldn’t use it because of concerns over security and fraud. 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
Google CEO Larry Page has taken to the search giant’s blog to announce the completion of its acquisition of Motorola Mobility — and obliquely mentioned NFC’s key role in Google’s plans for the future... More
The Canadian banking and credit union industry’s Mobile Payments Reference Model provides a detailed blueprint for how NFC mobile payments can be offered in Canada, how open mobile wallets will be and how consumer privacy will be assured. More
The US Department of Defense has added a number of BlackBerry 7 smartphones to the US Army and Defense Information Systems Agency (DISA)’s approved product list... More
Philippe Martineau has left NFC and contactless chip specialist Inside Secure, which recently floated on the NYSE Euronext Paris stock exchange, to join NFC microSD specialist DeviceFidelity as VP of business development... More
Nav Bains, the GSMA‘s high profile business lead for NFC, has left the carrier trade association to join NFC supplier Vivotech as VP of business development for telecommunications and channel management... More
New research conducted by MasterCard has found that US consumers that make use of a contactless card increased their spending on that card by nearly a third. More
A total of 16m NFC SIMs were shipped globally in 2011, according to the SIMalliance‘s annual review of the global SIM market... More
The NFC Forum has appointed TÜV SÜD to provide its worldwide RF analogue test tool validation service... More
NFC and contactless chip specialist Inside Secure, which floated on the NYSE Euronext Paris exchange in February, has announced revenues of US$34m for the first quarter of 2012, down 12% on sales during the same period in 2011... More
Chinese chip manufacturer Shanghai Fudan Microelectronics has joined secure chip standards body GlobalPlatform as an observer member... More
As Azerbaijan moves towards non-cash payment from its current predominantly cash-based economy, some 86% of residents of capital city Baku say they would like to carry out contactless payments with their phones. Abc.az reports that research conducted by MasterCard, which is introducing its PayPass system in the country, also found that 31% would like to see contactless payment built into watches while 26% would like pay-by-touch bracelets... More
The European Commission (EC) has started a public consultation to find out what framework is needed to unleash the potential benefits of the coming ‘internet of things’... More
The European Commission has opened an in-depth investigation into the planned NFC joint venture between Everything Everywhere, Telefónica and Vodafone UK which will delay launch until after the London Olympics and casts doubts over the timetable for the introduction of similar projects in a number of other European countries. More
A new research report by Sarah Clark, editor of NFC World, allows business executives to get up to speed quickly and easily with the current status and future developments in NFC tags, phones, secure elements, mobile wallets, OTA platforms, contactless terminals, TSMs and more. More
Inside Secure’s consolidated revenues grew 94% to US$151m in 2011, due mostly to strong sales of NFC chips... More
The partnership will see the organisation responsible for setting core NFC functionality standards working with the association which handles secure element specifications to support the development of internationally interoperable, multi-application NFC solutions. More
RFID giant Smartrac has completed its acquisition of UPM’s RFID business, a leading supplier of NFC tags... More
The number of NFC phones shipped will grow at a compound annual growth rate (CAGR) of 87.8% between now and 2016, according to a new forecast from Berg Insight, taking the number of phones shipped from 2011’s 30m to 700m in 2016... More