HEADLINE NEWS

Samsung to Embed Secure Element in Galaxy S III, Other NFC Phones

May 14 2012 (All day)

Samsung Electronics and NXP Semiconductors have confirmed that Samsung’s next flagship smartphone, the Galaxy S III, will sport an embedded secure chip, in addition to supporting applications on SIM cards.

American Express Onboard for Isis Two-City Launch

American Express and Isis have announced that AmEx plans to participate in the two large NFC pilots Isis plans to launch this summer in Salt Lake City, Utah, and Austin, Texas.

HTC Steps Up NFC Phone Presence with Three High-End Handsets

May 10 2012 (All day)

New Orleans – Phone maker HTC is displaying three high-end NFC phones at the International CTIA Wireless show in New Orleans, including its Droid Incredible 4G LTE, destined for U.S.

MasterCard Unveils Wallet Offer; Expands PayPass Name to Online Transactions

NEW ORLEANS – MasterCard today announced its answer to Visa’s digital wallet and other wallets planned by competitors, introducing its PayPass Wallet Services.

MasterCard Announces NFC Device Certifications; New NFC Mark

May 9 2012 (All day)

MasterCard has announced certifications for 17 NFC phones as well as its own mark that handset makers could display on device packaging, advertisements or even on the devices themselves, showing the phone is able to do contactless payments with MasterCard PayPass.

Samsung Unveils Galaxy S III, Supporting NFC Payments and Enhanced P2P

May 4 2012 (All day)

Samsung Electronics has introduced its much-anticipated Galaxy S III, which, as expected, will support NFC for mobile payment, along with an enhanced version of Google’s Android Beam peer-to-peer pairing-and-sharing feature.

Barnes & Noble First E-Reader Seller to Disclose Plans for NFC Support

In a first for an e-reader seller, the CEO of bookstore chain Barnes & Noble said the company plans to include NFC chips in its Nook e-readers, which he said could make the connection between the devices and the company’s physical stores.

Airline to Introduce NFC App Following Successful Sticker Launch

May 3 2012 (All day)

Scandinavian Airlines plans to introduce an NFC application for frequent flyers as early as this summer, enabling those with Android NFC phones to tap for a faster flow through check-in, security screening and boarding.

Report: Google and PayPal Challenge UK Joint Venture Plans

Google and PayPal have reportedly expressed concerns to European antitrust regulators, saying they fear that if major UK mobile operators are allowed to form their proposed NFC mobile-commerce joint venture, they would have too much power to control secure elements in NFC phones, the Financial Times reported Sunday.

Telefónica UK Launches O2 Wallet; Promises NFC Later in 2012

Telefónica UK, known as O2, launched its long anticipated O2 Wallet today, offering text-based money transfers and online product searches and purchasing, but no NFC yet.

Wentker Departs Visa; Bains Leaves GSM Association

Dave Wentker, considered the No. 2 man in Visa Inc.’s mobile-payment unit and a former vice chairman of the NFC Forum, has left the payment network after more than 15 years, NFC Times has learned.

Oberthur Gets Telco Group TSM Contract but Loses Key French Bank

France-based Oberthur Technologies has won a key contract to serve as trusted service manager for France Telecom-Orange group, but lost a TSM contract with big French bank BNP Paribas, NFC Times has learned.

Google Restores Prepaid Card Issuance to Wallet after Plugging Security Hole

Google Wallet chief Osama Bedier late Tuesday said the Web giant had restored the ability to issue new prepaid cards to the wallet after implementing a fix.

The fix prevents existing prepaid cards from being “reprovisioned” by other users.

“While we’re not aware of any abuse of prepaid cards or the Wallet PIN resulting from these recent reports, we took this step as a precaution to ensure the security of our Wallet customers,” Osama Bedier, vice president for Google Wallet and payments, said in an update to the Google Commerce blog.

The hack came to light last Thursday, which showed how unauthorized users could clear data from the Google Wallet app settings, then set a new PIN and gain access to any unspent balance in the Google Prepaid Card account already on the phone. Google temporarily suspended issuance of new prepaid cards to the wallet.

The hack could have left wallet phones vulnerable if the legitimate Google Prepaid cardholder lost his phone or had it stolen and hadn’t enabled the phone's screen lock.

“We took this step as a precaution until we issue a permanent fix soon,” Bedier, vice president for Google Wallet and payments, said in his original blog post Saturday.

This hack followed a more complex attack revealed a week ago on the PIN protecting the wallet. It would require a brute-force attack and the hacker would have to have possession of the phone and install PIN-cracking software. Moreover, the device would have to be rooted. Somewhat similar to jail breaking of an iPhone, rooting an Android phone gives users root access to the file system. 

Bedier in his original statement said Google Wallet phone users shouldn’t root their devices, because this disables security measures, apparently including safeguards erected to protect the Wallet PIN. “That’s why in most cases, rooting your phone will cause your Google Wallet data to be automatically wiped from the device,” said Bedier.

While the two hacks are not considered major threats to the payment applications in the wallet, which remains much more secure than leather wallets and magnetic-stripe cards, the vulnerabilities got a lot of play in the press, which creates another problem for Google as it seeks to encourage more consumers to use the wallet.

Many consumers already have security fears about paying with their smartphones. At present, only one phone officially supports the wallet and few merchants can support the Web giant's SingleTap technology, with both payments and offers at the point of sale. 

First Data handles Google's Prepaid Card program.