HEADLINE NEWS

Taxis in Major U.S. Cities to Get NFC-Enabled Video Ads

Riders in 5,000 taxicabs in the U.S. would be able to tap on NFC tags on video advertising screens to download apps, brand information, coupons, maps, music and videos, according to technology suppliers that have equipped the taxis for potential advertising campaigns.

Analyst: Banks Have More to Fear from Cloud-Based Technologies Than NFC

Banks have much more to fear from cloud-based mobile payment than from NFC, even if mobile operators control the secure elements that hold the banks’ payment applications.

GSMA Proposes Global Standard for NFC-Enabled Loyalty and Couponing–Using SIM Cards

May 10 2013 (All day)

The GSMA mobile operator trade group is proposing a global standard for how point-of-sale terminals talk to NFC-enabled mobile wallets to enable consumers to redeem coupons and rewards.

Taiwanese Bank Gets Approval for NFC-Enabled Credit Cards; Okay for Other Banks Expected

Taiwanese banking regulators, as expected, have approved the first bank to issue mobile credit cards that could be downloaded over the air to SIM cards.

UK Retailer Marks & Spencer Sees Growing Use of Contactless

Marks & Spencer, one of the UK’s largest retailers, announced today it had rolled out contactless payment to 644 of its UK stores and said 14% of its card transactions under £20 (US$30.97) are contactless.

Identive Reports Growing NFC Business; Blames Flat Sales, Losses, on U.S. Budget Cuts

U.S.-based Identive Group reported growing NFC and smart card reader business, but fell back into the red during for the first quarter, a loss it largely blamed on U.S. federal government budget cuts.

German Bank and Telco Hold Small NFC Trial; Larger Launches Planned in Country This Year

As Germany gears up for NFC, German bank Dortmunder Volksbank along with Telefónica (O2) Germany have launched a small pilot putting a credit application onto SIM cards in Western Germany.

Cashless Technology Company Announces Rollout of Isis SmartTap on Vending Machines

Vending technology company USA Technologies plans to integrate the SmartTap mobile-commerce software into all of the company’s nearly 100,000 NFC-enabled terminals on vending machines nationwide.

Vendor Group: NFC Secure Element Market to Grow by Two-Thirds This Year

Smart card vendor association Eurosmart has substantially increased its estimate for NFC secure element shipments for 2012–by 50% to 150 million units–and forecasts that secure element shipments will grow by another 67% in 2013 to 250 million units.

Gemalto Reveals Some Details of MCX Deal; Vendor Will Earn Fees for Transactions

France-based smart card and security vendor Gemalto will operate the mobile-payment platform for U.S. merchant group MCX, earning a fee for every transaction, in addition to what appears to be a hosting fee it says is worth tens of millions.

Inside Reports NFC Revenue Down Sharply in First Quarter; Some Recovery Expected in Q2

France-based chip supplier Inside Secure today reported a sharp decline in its revenue in the first quarter from its NFC chips, blaming the situation on excess inventories of NFC chips on hand by its main customer BlackBerry.

Australian Supermarket Chain Sees Fast Take-Up of Contactless Payment

More than half of credit card transactions at Australian supermarket chain Coles are contactless, and the merchant hit the milestone just over six months after rolling out contactless terminals across its more than 700 supermarkets.

Sprint Announces Two New NFC Phones Supporting Google Wallet

U.S. mobile carrier Sprint has announced two more phones supporting the Google Wallet, including Google’s new Android smartphone, the Galaxy Nexus.

Along with the Galaxy Nexus, Sprint, the No. 3 U.S. carrier, will introduce an NFC-enabled Android phone from LG Electronics, the Viper. Sprint said the phones would be available during the first half of 2012, the first devices supporting its move into 4G LTE technology.

They will join Sprint’s Nexus S 4G, which uses another type of 4G technology, and is the only phone on the market officially supporting the Google Wallet.

The new phones, probably hitting the market in the second quarter, will offer a much-needed boost for the wallet, which is struggling to gain users with only one device supporting it to date.

The Galaxy Nexus, manufactured by Samsung Electronics, made its big U.S. debut last month, but without the Google Wallet. That was after the distributor of the smartphone, Verizon Wireless, asked Google not to include the wallet app functionality in the phone. 

It’s possible for Verizon subscribers to go around this roadblock and download the Google Wallet app to their Galaxy Nexus phones, but that is not a scenario for mass-market adoption.

Verizon is a charter member of the Isis joint venture, along with AT&T and T-Mobile USA, and is seen to be clearing the way for the launch of the Isis wallet later this year. Sprint–the only one of the top four U.S. carriers that is not part Isis–also remains the only carrier supporting the Google Wallet.

The blocking move by Verizon–the largest mobile operator in the United States–is a significant setback to Google's prospects for rolling out its wallet widely. But Google faces other challenges, including signing up more merchants to accept coupons, offers and loyalty points that complement the payment applications and managing the secure elements on various phone models and platforms.

Both the Galaxy Nexus and LG Viper come with an embedded secure chip, which will store the payment applications, such as Google’s Prepaid Card or a mobile credit card issued by Citigroup, both of which support MasterCard PayPass technology. The secure chips would also store coupons, points and offers.

Sprint’s Galaxy Nexus runs the latest version of Android, 4.0, dubbed Ice Cream Sandwich, which supports Google’s Android Beam, an enhanced NFC peer-to-peer feature the Web giant introduced for the handset. Sprint, in its announcement Monday of the new LTE phones in connection with the Consumer Electronics Show in Las Vegas, seemed keen to promote the P2P feature. It noted that Android Beam “allows users to quickly share web pages, apps and YouTube videos with friends by simply tapping phones together.”

The smaller LG Viper only supports Android 2.3, known as Gingerbread, so will not support Android Beam out of the box.

Sprint said it plans to launch 15 4G LTE devices in 2012, including smartphones and tablets, but it remains to be seen how many of these will run the Google Wallet.

The carrier’s LTE rollout will begin in the first half of 2012 in four cities, Atlanta, Dallas, Houston and San Antonio. Sprint said it plans to expand the rollout later in the year.