State Bank of India (SBI) has acquired a 20% stake in A Little World (ALW), developer of an NFC-based low cost bank branch solution, DealCurry reports... More
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KT to launch commercial NFC service with new Samsung handset, Android NFC devices to follow
KT, Korea’s second largest mobile network operator, is to launch a commercial NFC service at the end of October using a new NFC phone made by Samsung. The SHW-A170K feature phone is to be followed with a range of Android NFC phones and KT predicts that, by 2015, NFC phones will account for 47% of sales. More
Sony and HID Global to bring NFC to laptop PCs
HID Global and Sony have announced plans to enter into a strategic partnership to jointly develop an embedded contactless smart card reader platform for laptop PCs... More
Nokia C7 to support NFC
Nokia’s new C7 smartphone includes an NFC chip that will allow the device to support near field communication functionality — once work on a software upgrade has been completed. More
NFC news in brief • 11 Oct 2010
News in brief from the NFC world and beyond: First Osaifu-Keitai smartphone • Antenna designer broadcasts Samsung success • St Petersburg metro test • NFC is key to BMW’s Connected Drive • NFC Forum’s new member • Gauthier moves to PayPal • Toro and Collis partner up • and more… More
Asia-Pacific mobile payments market to double in five years
The Asia-Pacific mobile payments market is set to double to US$3.6bn by 2015, according to a new report from Frost & Sullivan... More
EMV adoption reaches one billion cards and 15m terminals
EMVCo, the payments chip card standards body owned by MasterCard, Visa, American Express and JCB, has revealed that there are now more than one billion EMV cards and 15.4 million EMV terminals in use around the world... More
Orange and Valeo demonstrate NFC car key concept
Automotive components supplier Valeo has partnered with Orange to demonstrate a near field communication-based solution for sharing vehicles between several drivers... More
Fifth Third to offer Bling Nation’s mobile payments technology to financial institutions across the US
Fifth Third Processing Solutions, the third largest payments processor in the USA, has signed an agreement with Bling Nation that will allow its financial institution customers to provide Bling-based services to consumers as a turnkey solution. More
Bell ID partners with Vivotech for mass market TSM solutions
Dutch card and application lifecycle management provider Bell ID has partnered with NFC specialist Vivotech to provide integrated Trusted Service Manager (TSM) solutions for NFC service providers... More
Lack of handsets continues to delay Etisalat’s commercial NFC service
A lack of commercially available handsets is continuing to cause frustration at Dubai-based mobile network operator Etisalat... More
NFC news in brief • 4 Oct 2010
News in brief from the NFC world and beyond, featuring wrist-based NFC • Polish trial declared a success • NFC Forum meeting for developers • Opening doors at a Bahamas hotel • Clinton adviser visits Swedish NFC firm • SK C&C hires five senior staff • and more… More
London’s transport network could be NFC-ready for the Olympics
Transport for London (TfL) will have converted all London buses to enable them to accept payment for fares via contactless bank cards by early 2012 and will complete conversion of the London Underground network by the end of that year, according to a report by regional TV news programme London Tonight... More
Barclaycard expects UK and US consumers to pay regularly by mobile “within two to three years”
Barclaycard expects the UK and US general public to be using their mobile phones to make payments regularly within two to three years, the card issuer’s head of research and development, Colin Swain, has told a roundtable event in London... More
Report: Korean mobile contactless payments market set to take off
A new report from financial services analysts Celent forecasts that the mobile contactless payments market in South Korea is set to grow at an average compound annual growth rate of some 50%... More
Visa lets New York commuters pay for their fares with mobile phones
Participants in a new pilot programme can pay for their travel on the Lexington Avenue subway line in New York, on the New Jersey Path system and multiple bus lines in New York and New Jersey with a contactless Visa card or an NFC-enabled mobile phone. More
Monitise adds support for DeviceFidelity’s microSD NFC device to mobile payments platform
Mobile payments provider Monitise has partnered with DeviceFidelity to add support for Visa payWave contactless transactions to its Mobile Money Manager technology platform, used by 250 financial institutions around the world... More
USB group adds support for NFC in latest wireless specification
The USB Implementer Forum has released version 1.1 of its Wireless USB specification, which supports device association using near field communication technology... More
Taggo lets brands reward Facebook fans at the point-of-sale
Singapore-based loyalty specialist Taggo has launched a new service that uses a wide range of existing contactless devices to identify consumers who are fans of a particular retailer or brand when they make a purchase — and provide them with rewards... More
Inside Contactless raises 50m euros in additional funding
Contactless and NFC specialist Inside Contactless has raised a further €50m (US$65m approx) in financing... More