Eric Schmidt, Google’s executive chairman, believes that a third of POS terminals in retail stores and restaurants will be upgraded to allow NFC payments within the next year, the Financial Times reports — and credit card companies will foot the bill... More
CorFire and InComm to provide retailers with NFC wallets
CorFire, the American arm of Korean NFC specialist SK C&C, and US prepaid card provider InComm are working together on a mobile payments and offers service that would compete with Isis and Google Wallet, Bloomberg reports:... More
Isis picks Austin for second NFC pilot
The Isis NFC joint venture between AT&T Mobility, Verizon Wireless and T-Mobile USA has chosen the city of Austin, Texas as the site of its second test... More
US smartphone owners want Apple and Google to provide their NFC wallets
A survey of more than 1,000 US smartphone owners has found that Apple and Google top the list of the companies most trusted to provide them with a mobile wallet... More
Google Wallet “is one of the biggest investments we’ve made at Google for a very long time”
“Larry and Eric personally convinced me” to make the move to Google, Osama Bedier, the company’s VP of payments, has told NFC World as he set out Google’s commitment to building an NFC platform that is open to all — and revealed that Google Wallet will eventually be able to hold keys, ID credentials and driving licenses. More
NFC pioneer Bling Nation suspends mobile payments service
Bling Nation, the company behind the first commercial NFC payments system in the US, has suspended service while it seeks to revamp its business model, American Banker reports... More
10% off NFC Business Models report — last two days!
NFC has truly arrived... More
NFC news in brief • 6 June 2011
News in brief from the NFC world and beyond: M-Pesa revenues soar • Google Offers trial gets underway • Tyfone expands team • NXP’s partner programme • SVB picks EMV • British consumers ‘not comfortable’ with location-based services • SCM launches plug-in NFC reader • Elephant Talk to unveil NFC mobile wallet platform • and more… More
NFC news in brief • 30 May 2011
News in brief from the NFC world and beyond: Identive, NXP sign VAR deal • Huawei planning NFC phones? • Vodacom looks to NFC • NFC domain names on Ebay • US banks debut P2P payments • Samsung smashes Galaxy sales record • US theme park to offer next-gen shopping experience • Rhodes framework adds NFC support • and more… More
Broadcom: ‘We expect 10% to 15% of phones to have NFC within twelve months’
Chipmaker Broadcom says it expects to see NFC built into between 10% and 15% of all phones within the next year, with the rate higher for smartphones, PCWorld reports... More
Paypal sues Google, Bedier and Tilenius over NFC wallet plans
Paypal has filed suit against Google, two top Google Wallet executives and 50 others for breach of confidence and misappropriating trade secrets. More
Google Wallet: Day one for NFC?
Google has announced Google Wallet, Google Offers and a Google Prepaid Card, in partnership with MasterCard, Citi, First Data and Sprint. 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
Heads up: What to look for in Google’s NFC mobile payments announcement
The internet giant is set to announce its NFC mobile payments strategy at noon on 26 May in New York. Here are the key things to look for to work out if the company’s strategy will succeed — and what it means for the payments industry, the mobile network operators, phone manufacturers, the firm’s competitors and the future of Google’s own advertising business. More
Google VP confirms NFC mobile commerce launch tomorrow
“We’re making a big bet on it as a company,” says Stephanie Tilenius, Google’s VP of commerce and payments. “There is a lot of potential there.” More
Google and Sprint to launch NFC payments this week?
Google is set to launch an NFC mobile payments service in conjunction with mobile network operator Sprint on May 26, according to a Bloomberg news report. More
NXP: Microsoft is working with us on NFC phones
NXP CEO Rick Clemmer has revealed that Microsoft is among the list of companies it is working with to bring NFC to market... More
iSuppli increases NFC phone forecast on back of Isis plans to work with payments industry
The decision by the consortium behind the Isis mobile payment system to open up the service to the likes of Visa and Mastercard will provide a significant boost to the market for mobile phones with NFC functionality, according to research by IHS iSuppli... More
Google raises concerns over the viability of NFC card emulation mode for mobile payments
“I’d love to see peer-to-peer used for payment,” Google’s Nick Pelly told a packed audience at the I/O conference’s ‘How to NFC’ session, as he responded to questions regarding the future of mobile payments on Android devices. More
Google: “Dozens of NFC phones in the pipeline for 2011”
Google’s Nick Pelly told delegates at Google I/O today that “dozens of NFC phones are in the pipeline” for later this year... More