“Recent reports that Verizon is blocking Google Wallet on our devices are false,” says Verizon. “We are continuing our commercial discussions with Google on this issue.” More
Verizon and Google fire first shots in the mobile wallet wars
Bloomberg
EU raises m-payments concerns
The lack of a “concrete European framework” for mobile payments means “the largest and most promising global m-payment initiatives are currently launched outside Europe,” according to a European Commission document that Bloomberg News has obtained... More
US telcos to invest $100m+ in Isis NFC venture?
US mobile network operators AT&T Mobility, Verizon Wireless and T-Mobile are planning to invest more than US$100m in their Isis NFC joint venture, Bloomberg reports, citing “people with knowledge of the project.”... More
NFC will take time to build, says Amex chief
Edward Gilligan, vice chairman at American Express, has set out the thinking behind the payments giant’s recent series of deals with Isis, Facebook, Foursquare, Sprint and Verizon in an interview with Bloomberg TV. More
NFC-enabled advertising network plans IPO
Out-of-house (OOH) media company RMG Networks, which unveiled an NFC-enabled advertising network in April, is in talks with banks about an initial public offering (IPO) to raise more than US$250m, Bloomberg reports:... 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
Hewlett-Packard planning NFC phones and tablets?
Hewlett-Packard is working on NFC-enabled mobile phones and tablet computers that would be marketed under the Palm brand name, “two people familiar with the company’s plans” have told Bloomberg... 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
Vivotech plans 2012 stock market launch
NFC and contactless specialist Vivotech is planning an initial public offering (IPO) as early as 2012, CEO Mick Mullagh has told Bloomberg Business Week... More
Apple planning to offer merchants low cost NFC payments terminals?
The Apple NFC rumour mill has swung into action again today, with new speculation that the company plans to include near field communication in both the next iPhone and the next iPad — and could be planning to offer heavily subsidized or even free NFC payments terminals to merchants in a bid to kickstart a mobile payments service... More