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    NFC

    News about NFC.

    Singapore commuters to get NFC-enabled transport payment wearables

    January 19th, 2017

    Commuters in Singapore will soon be able to pay for public transport using an NFC-enabled fitness tracker or smartwatch linked to their EZ-Link transit card. The devices will allow for “fast, convenient and reliable” contactless… More

    Mobile payments market worth $3,338bn by 2022

    January 17th, 2017

    The global mobile payments market will reach US$3,388bn by 2022, growing at a compound annual growth rate (CAGR) of 33.4%, Allied Market Research predicts. “NFC has high growth potential and is anticipated to exhibit CAGR of around 36% during the forecast period,” the firm says. “By mode of transaction, in 2015, SMS accounted for about 54% of the overall payments market share, followed by wireless application protocol (WAP). Asia-Pacific is expected to witness the highest growth rate.”

    One in 10 UK consumers have used mobile payments, survey reveals

    January 16th, 2017

    More than one in 10 (11%) of UK consumers have made an in-store mobile payment and do so occasionally, with 2% doing so “wherever possible”, research from price comparison service uSwitch reveals. 6% of Britons… More

    NFC included in Nintendo Switch controller

    January 13th, 2017

    Detachable Joy-Con controllers for Nintendo’s long-awaited new games console Switch will include an NFC reader and writer to exchange data with Amiibo toys, Venturebeat reports. The NFC-enabled figurines were launched in 2014 by Nintendo, and appear in a range of games as playable characters that can be trained and gain skills the more a user interacts with them. Switch will be released on March 3.

    US bank to upgrade all ATMs for mobile withdrawals

    January 13th, 2017

    US bank Wells Fargo expects to be the first bank to fully convert all its ATMs to support a mobile withdrawals service, allowing customers to get cash by entering an eight-digit code generated by the bank’s app plus their PIN into the machine, CNN Money reports. The bank will begin enabling its 13,000 ATMs in spring 2017. Reports that Wells Fargo was working to add NFC to its ATMs emerged in February 2016.

    Secure element security added to web applications

    January 12th, 2017

    GlobalPlatform has released Web API for Accessing Secure Elements v1.0, a standardised communications interface between web applications and secure elements (SEs) that will enable sensitive data from online applications to be stored and processed in… More

    PayPal extends NFC payments with Discover

    January 12th, 2017

    US consumers will be able to make NFC mobile payments using PayPal at the point of sale wherever Discover is accepted, and use their Discover Cashback Bonus to pay at online and mobile merchants that accept PayPal. “The agreement provides PayPal with access to Discover’s tokenization services,” PayPal says. PayPal extended its support for NFC mobile payments through a deal with Visa in July 2016 and partnership with Mastercard in September.

    Mattel includes NFC in AI for kids

    January 11th, 2017

    Toy maker Mattel has unveiled an NFC-enabled, voice-activated artificial intelligence assistant for children. Aristotle is compatible with Amazon Alexa and can answer a child’s questions, sing lullabies and play games with them using NFC-enabled toys. “Imagine what happens with Hot Wheels and Thomas the Train when you have this connected hub,” Robb Fujioka, Mattel’s chief products officer, told Fast Company.

    Global mobile payment market to hit US$780bn in 2017

    January 10th, 2017

    The global mobile payment market will reach US$780bn by the end of 2017, amounting to an annual increase of 25.8%, research firm TrendForce predicts. More than 60% of smartphones shipped worldwide this year will feature NFC, while over 50% of smartphones shipped worldwide will feature fingerprint recognition, the company adds.

    Dejamobile joins the NFC World partner program

    January 9th, 2017

    NFC World today welcomes mobile payments solution provider Dejamobile as a member of our partner program. Founded in 2012 by technical experts who pioneered NFC payments at Orange Labs, Dejamobile specialises in the provision of… More

    Deutsche Telekom shuts down NFC SIM-based mobile payments service in Germany

    January 6th, 2017

    Deutsche Telekom has discontinued its NFC-based MyWallet mobile payment service in Germany, citing a lack of customer use and doubts over whether a SIM-based solution is going to be adopted as a standard in light… More

    Carnival unveils NFC and BLE wearable for cruise ship passengers

    January 5th, 2017

    Holidaymakers aboard Carnival Corporation cruise ships will soon be given an NFC and Bluetooth Low Energy (BLE) enabled wearable device, designed by the man behind Disney’s MagicBand, that will let them access a range of next generation services including boarding without checking in, unlocking rooms, accessing personalised entertainment, ordering food and making payments. More

    NXP reveals solutions for secure wearables and IoT at CES 2017

    January 5th, 2017

    PARTNER NEWS: NXP has unveiled a series of solutions for secure wearables and the Internet of Things (IoT) at CES 2017, including a new test bed to support the development of products and applications using… More

    Homeless people trial contactless payments jacket to receive donations

    January 4th, 2017

    Homeless people in the Dutch cities of Amsterdam and Rotterdam have been testing a jacket equipped with a contactless terminal to enable passersby to tap their contactless cards and make a €1 (US$1.04) donation, which… More

    STMicroelectronics to use NFC assets acquired from AMS to deliver next-generation solutions

    December 23rd, 2016

    PARTNER NEWS: STMicroelectronics (ST) will use its July acquisition of NFC and RFID products, resources, technologies and intellectual property from AMS to create a new generation of high-performance NFC solutions for both mass-market and vertical-market… More

    Samsung Pay prepares for India launch

    December 19th, 2016

    Samsung Pay is testing its mobile payment service in India, and could be launched there in the first half of 2017, SamMobile reports. “Since India does not have many NFC-equipped point-of-sale devices, Samsung Pay’s MST (magnetic secure transmission) functionality would be a boon to users,” the publication adds. The move follows the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes across the country in November 2016.

    Visa and Mastercard tokenization deal will ‘simplify and secure payment experience’

    December 16th, 2016

    The tokenization agreement signed yesterday by Visa and Mastercard will help to address the “lack of comprehensive tokenization across brands”, a key merchant barrier to adopting the technology, Visa’s VP of digital products Vish Shastry… More

    IoT, NFC and mobile money focus of Mahindra Comviva magazine

    December 14th, 2016

    A 46-page magazine with a collection of articles covering the Internet of Things, NFC, the role of mobile money and how to kickstart the mobile wallet revolution in the Middle East is now available to download from the NFC World Knowledge Centre. The latest issue of the quarterly Vritti magazine has been produced and sponsored by Mahindra Comviva and has been approved by the NFC World editorial team.

    NFC clothing range connects US Ski Team with winter sports fans

    December 9th, 2016

    Ski and performance brand Spyder is to add NFC technology to its US Ski Team clothing collection, allowing skiers to connect with team members via social media and share location-based information with a tap of… More

    Cartes Bancaires picks Gemalto to ease member banks’ NFC mobile payments offer

    December 8th, 2016

    PARTNER NEWS: Groupement des Cartes Bancaires (GIE CB), the French bank card association which pioneered the use of chip cards for payments in the 1980s, has selected Pure, Gemalto’s white label mobile wallet solution, to… More

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