The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments. ... More
Visa has become the first major payments network to settle a transaction with an issuing or acquiring partner by exchanging funds in digital currency rather than in traditional fiat currency... More
PARTNER NEWS: A presentation that sets out the potential of the Okey — a standalone, multifunction NFC keyfob that can store multiple contactless payment, transit, loyalty and identity cards — is now available to download from the NFC World Knowledge Centre... More
Google is actively working towards launching Android Pay in Europe, director of emerging platforms Spencer Spinnell has revealed at Money20/20 Europe... More
NFC World+ now has a Knowledge Centre which provides readers with in-depth reports, technical guides and market briefings on the technologies shaping the future of mobile payments and commerce... More
Atos Worldline has introduced a digital wallet that supports NFC payments via HCE... More
Spain’s Banco Sabadell is using a host card emulation (HCE) solution provided by Carta Worldwide for the NFC payments technology trial it is conducting in partnership with MasterCard... More
Spain’s Bankinter is to commercially launch an NFC mobile payments service that makes use of host card emulation (HCE) during the second or third quarter of 2014... More
Three French banks will launch national NFC services in partnership with carriers this year, the new president of the association responsible for bringing NFC to market in France has told NFC World — but transforming consumers into active and frequent users will be critical to success. More
US mobile network operator Sprint has introduced Pinsight Touch, “a nationwide, open platform for securely storing and accessing credentials on a mobile device” that, the carrier says, will open up “new possibilities for the transit, access and payment verticals.”... More
Giesecke & Devrient’s SkySIM CX, an NFC SIM card that allows several NFC applications to be executed at the same time, has received EMVCo, American Express, MasterCard and Visa approval, confirming it meets their requirements for use in secure payments systems... More
A new report from the NFC World team has found that Disney’s new MagicBand bracelet system provides unmissable lessons for anyone planning, implementing or supplying mobile wallet solutions. More
“This solution allows the financial institution to 100% independently define its business model, thus solving the current barriers we are facing with current SE-based NFC solutions,” Carlos Alberto Pérez Lafuente, director of innovation for e-strategy and management at Bankinter, has told NFC World. More
In the first issue of Mobile Wallet Outlook, the monthly trends bulletin for subscribers to our new research service, the NFC World team examines how the latest market developments will affect the future of the NFC and mobile wallet markets. More
ABN Amro, ING, KPN, Rabobank and Vodafone are exploring a range of alternative ways to work together to introduce NFC services in the Netherlands, program director Wim Westerhof has told NFC World, in a bid to avoid the regulatory hurdles associated with forming a joint venture company. More
Global mobile payment transaction values are set to grow by 42% a year, say the analysts, but the market will be fragmented over the next two years and NFC payments won’t hit the mass market until 2015. More
The Canadian banking and credit union industry’s Mobile Payments Reference Model provides a detailed blueprint for how NFC mobile payments can be offered in Canada, how open mobile wallets will be and how consumer privacy will be assured. More
The secure chip standards body is working on a new approach to the management of NFC secure elements that would allow consumers to pick their own ‘trusted token’ and appoint their own secure service provider. More
Plans to create a common mobile payments platform for Belgium’s banks and mobile network operators have been abandoned over an inability to agree on whose technology to use or a business case that could work for all parties. More
The new white paper introduces a number of concepts that are fundamental to understanding the NFC market opportunity and includes details of ten of the most important findings from our NFC Business Models research report. More