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
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
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
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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
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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
Delphi NFC key fobs enable drivers to access vehicle data from their smart phones
Automotive electronics specialist Delphi reports that its new NFC key fob technology provides a low cost way to enable vehicle manufacturers to customise the driver experience according to regional requirements and to provide drivers with a way to access data about their vehicle from their smart phone. 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
89% of young consumers willing to pay for mobile wallet services
New research from mobile wallet solution provider Alcatel-Lucent has found that young consumers in ten countries around the world are willing to pay for the convenience of using their phone to check their balance, pay for public transport and buy electronic tickets. More
Dai Nippon Printing launches mini NFC controller for mobile phones
Japanese electronics supplier Dai Nippon Printing has entered the NFC controller market with the announcement of a new product which, the company says, takes up only half the space in a mobile phone of the NFC controllers that are on the market today. More
Facebook distributes Bling Nation payment tags to staff amid rumours of a major Silicon Valley NFC plan
The Bling Nation NFC sticker trial in Silicon Valley has expanded from its beginnings at PayPal’s headquarters to include the Stanford University campus, Palo Alto city services and Facebook’s offices — as rumours of a major NFC play by some of Silicon Valley’s leading companies begin to emerge. More
DeviceFidelity adds NFC microSD support for iPhone 4
DeviceFidelity has announced an iPhone 4 version of the NFC-enabling iPhone case it first released in May. More