The global customer base for mobile banking will reach 1.1bn by the year 2015, according to a new report from Global Industry Analysts... More
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Visa banks to field test DeviceFidelity’s microSD-based NFC solution
The first trials of a Visa-backed NFC add-on will begin during the second quarter of 2010. 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
Banka Koper begins NFC payments and promotions trial in Slovenia
Trial participants can use their Sagem Wireless NFC handsets to make payments and to collect information and promotional coupons from smart posters. More
China Mobile begins commercial rollout of mobile contactless payments system
RF SIMs are now widely available for subscribers to purchase from China Mobile stores and the first major retailer has signed up to accept the new mobile contactless payments technology. More
Visa Europe to invest €200m in development of contactless payments by card and mobile
“M-commerce is a strategic priority,” says Visa Europe’s head of UK and Ireland, “we are working and talking with all the mobile operators and handset manufacturers to develop standards for payment on mobile phones.” More
Swedish NFC payments system developer gets $2m funding
Accumulate, developer of an NFC payments system currently being rolled out to 100,000 Swedish university students, has received over US$2m in venture capital funding... More
Irish banks to launch NFC services in 2011?
Executives from Visa Europe are meeting with Irish banks in Dublin this week with a view to launching commercial NFC services in Ireland, according to a report in the Irish Examiner:... More
Discover reveals the results of its mobile sticker trial
Since April 2009 the payments network has been running an internal pilot designed to find out how US consumers would respond to the introduction of mobile contactless stickers — with some surprising results. More
Poland and Italy commit to contactless payments
The move to contactless cards and NFC-compatible point-of-sale terminals is gathering pace with banks in Italy and Poland announcing plans for widespread contactless card deployments this year. More
US smartphone users keen to make payments with their phones
An in-depth survey of 246 US smartphone users conducted by wireless industry research specialists Data Innovation has found that nearly two-thirds are interested in adding mobile wallet functionality to their phones... More
Blaze customers access their mobile wallets nine times a day
Blaze Mobile, the US mobile banking and mobile wallet services provider, has revealed that its active users are now accessing their Blaze Mobile Wallets an average of nine times a day... More
Orange and Barclaycard move towards NFC payments launch
The British bank and the mobile network operator have launched a co-branded credit card, described as “the next step in the partnership between Orange and Barclaycard to deliver contactless mobile payments.” More
Swiss farmer tests unmanned NFC retail payments system
A Swiss farm shop has installed a self-service NFC system which local shoppers can use to gain access to the shop, to scan RFID price tags and then pay for their purchases. More
Blaze Mobile adds Tetherball’s loyalty system to the Blaze Wallet
Blaze Mobile and Tetherball are to provide US consumers with the ability to both redeem mobile rewards and coupons and make purchases using their mobile phone... More
Russian mobile network operators to run joint NFC pilots from 2010
VimpelCom, MegaFon, MTS and Moskovskaya Sotovaya Svyaz are teaming up to develop an NFC Test Zone in Russia and will begin with an NFC ticketing pilot in the summer of 2010. More
SK Telecom buys stake in Korean card issuer, will launch mobile credit card services in 2010
Korean consumers will be able to use their mobile phones to make contactless credit card payments and pay for transport tickets from the second half of 2010, following SK Telecom’s purchase of a 49% stake in Hana Card. More
New platform lets mobile operators offer payments, ticketing, loyalty services via stickers or NFC phones
Touchatag has partnered with Clear2Pay to launch a new platform that enables mobile operators to offer contactless payment, ticketing and marketing services using contactless stickers or NFC phones. More
Twitter founder invents… a mag stripe card reader
The new venture from Twitter co-founder Jack Dorsey has been the source of much speculation ever since tech blog Mashable posted a photograph of a new iPhone payments system that he was working on... More
MasterCard adds contactless payments to BlackBerry phones
MasterCard Canada has teamed up with Research in Motion and BMO Bank of Montreal to test a system that combines PayPass contactless stickers with email confirmation of each transaction sent to the user’s BlackBerry smartphone. More