News in brief from the NFC world and beyond: US files lawsuit against Verifone/Hypercom deal • iPhone 5 unlikely to support NFC payments, says analyst • ‘Paper’ phone unveiled • Vivotech adds NFC to mag stripe terminals • Hashable adds NFC to contacts app • Sequent raises funds • Connecthings invests in Lifera • and more… More
Investment
US financial institutions wary of investing in mobile payments
Most American financial institutions have clear-cut strategies for mobile banking but say the market will need to mature further before they make any sizeable investments to support mobile payments, research from financial services technology provider Fiserv reveals... More
Visa Europe announces €100m annual mobile payments investment
Visa Europe will invest €100 million a year in commercially launching mobile payments and developing its e-commerce services, the firm’s chief executive has confirmed... More
VeriFone buys stake in RF SIM supplier
VeriFone Holdings has announced that it is co-lead investor in a reverse merger financing for Trunkbow International Holdings Ltd, a Chinese mobile payments and value-added service applications company specialising in 2.4GHz (RF SIM) NFC solutions... More