NFC World

New EMV framework to support NFC, QR, Bluetooth LE and more

EMVCo

A new tokenization framework being developed by EMVCo for the world’s major payments networks will enable EMV transactions to be made on a mobile phone using the widest possible range of “last inch” technologies— and the first draft of the new specification will be available in just a few weeks, Christina Hulka, chair of the board of managers at EMVCo, has told The Mobile Wallet Report... More





NFC World

MasterCard backs host card emulation for NFC payments

MasterCard

MasterCard is to publish a new specification during the first half of 2014 that uses host card emulation (HCE) for NFC mobile payments — avoiding the need to have access to a secure element on a customer’s mobile phone — and is already testing the technology with Spain’s Banco Sabadell and Capital One in the US... More







NFC World

1.6bn NFC handsets by 2018

The global market for NFC handsets is projected to reach 1.6bn units by 2018, according to a new research report from Global Industry Analysts, “driven by growing penetration of mobile phones, continued rise in demand and production of smartphones, rising penetration of NFC in consumer devices, and chip level technology developments.”... More





NFC World

Hong Kong banks agree NFC payment standards

Hong Kong Association of Banks

The Hong Kong Association of Banks (HKAB) has issued Best Practice for NFC Mobile Payment in Hong Kong, a set of common standards and best practices that aims to help establish an interoperable, as well as safe and effective, NFC mobile payment infrastructure... More