The Silicon Valley start-up plans to use near field communication technology to build a new category of toy products that children can play with both online and offline. More
The Market
NFC news in brief • 1 Nov 2010
News in brief from the NFC world and beyond: Czech mobile payments • Akbank pushes contactless • Visa opens up • The rich love a bargain • Germany moves to contactless ID • mFoundy’s mobile banking guarantee • Amsterdam shops to refuse cash • Starbucks expands 2D payments • M-Pesa adds supermarkets • WiFi goes P2P • and more… More
STMicroelectronics reports NFC design wins from major handset manufacturers
STMicroelectronics‘ latest financial results include a mention of recent successes the company has experienced with its ST21NFCA NFC controller chip... More
New report identifies the latest thinking on NFC business models
A new research report by Sarah Clark, editor of NFC World, sets out the latest thinking on how to develop successful NFC business models and explains the options available to mobile network operators, handset manufacturers, financial institutions, third party service providers — and their potential customers. More
NFC news in brief • 25 Oct 2010
News in brief from the NFC world and beyond: Caen bids for NFC • Sprint adds mobile wallet • Vivotech’s Dubai deal • Microsoft tags retailers • Mobile payments boost banks • Paying cash keeps you slim • NCR buys into mobile barcodes More
NFC news in brief • 18 Oct 2010
News in brief from the NFC world and beyond: Mass transit aims for contactless standard • O2’s location-based ads • Mobile barcode usage up 700% • RF-SIM supplier set for IPO • Proximity advertising to net $6bn in 2015 • UK leads US in coupon interest • and more… More
Visa aims to partner with Silicon Valley mobile payments innovators
Visa’s head of mobile, Bill Gajda, recruited from the GSM Association earlier this year, is spending much of his time convincing Silicon Valley companies they should partner with the payments processing giant rather than try to go it alone with new mobile payments technologies, a Forbes profile explains... More
Asia-Pacific mobile payments market to double in five years
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
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
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
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
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
Tyfone’s investors explain why they took part in the MicroSD format NFC supplier’s $5m funding round
“The investors who participated in our Series B financing round bring unique expertise within financial services and we’ll benefit from their knowledge beyond the value of their financial investment in Tyfone,” says the company’s CEO. More
Broadcom sets out its plans for NFC
Three months after it announced plans to buy NFC specialist Innovision for US$47.5m, the deal has completed and Broadcom VP Craig Ochikubo has spoken to NFC World about the company’s ambitions for Innovision and for the NFC market as a whole. More
Qualcomm hunts NFC specialist to head up digital development
Wireless telecomms technology and chipset giant Qualcomm is set to become the latest mobile industry player to put an NFC expert at the heart of its digital development strategy... More
Consumers Union calls on US government to regulate mobile payments
As the US begins the move to adopting NFC, the government must act to ensure that consumers get full protection against fraud, processing errors and merchant disputes — especially if they are using a prepaid account or if they are charging their purchase to their mobile phone bill — says Consumers Union. More
Apple hires NFC expert as mobile commerce product manager
Benjamin Vigier has been involved in the development of near field communication technology since 2004 and most recently was product manager for mobile wallet, payment and NFC at mobile payments specialists mFoundry. More
China Unicom in bid to make Chongqing a $7bn world leader for NFC manufacturing and innovation
A strategic cooperation agreement signed by the mobile network operator and the Chongqing Municipal Government aims to turn the region into a $7bn a year world leader in NFC manufacturing by 2015. More
Nokia: MeeGo will include NFC too
Nokia’s new head of mobile solutions, Anssi Vanjoki, has revealed that near field communication functionality will be a core capability of the new MeeGo operating system... More