HEADLINE NEWS

OTI to Supply Contactless and NFC Readers for Gasoline Stations in North America

Published: May 21 2013

Israel-based contactless and NFC vendor On Track Innovations announced Monday it had received an order for 30,000 readers for point-of-sale terminals at retail gasoline stations in North America.

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

Published: May 16 2013

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.

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

Published: May 13 2013

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.

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

Published: May 9 2013
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.

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

Published: May 9 2013

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.

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UK Retailer Marks & Spencer Sees Growing Use of Contactless

Published: May 7 2013

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.

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

Published: May 3 2013

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.

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

Published: May 2 2013

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.

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Cashless Technology Company Announces Rollout of Isis SmartTap on Vending Machines

Published: May 1 2013

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.

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Infineon Introduces New Embedded Secure Element, Hoping to Tap Growing Market

Published: Apr 30 2013

Germany-based Infineon Technologies today introduced a new embedded secure element, targeting the growing market for chips that handset makers are including in their NFC-enabled devices.

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

Published: Apr 29 2013

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.

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

Published: Apr 25 2013

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.

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Topic “Bank of America”

MicroSDs: After Two Years of Trials, Questions Remain About Marketability

Published: Aug 21 2012
By: 
Dan Balaban

Bank of America has not yet tipped its hand about how it plans to roll out mobile payment in the U.S., but it is unlikely to use microSD cards–that is, if a recent evaluation of the technology by a bank representative is any guide.

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Inside Proposes Contactless SIM; Faces Challenges for Commercialization

Published: Nov 16 2011

France-based NFC chip vendor Inside Secure has announced new technology that it says can embed a contactless chip and antenna into SIM cards and communicate with point-of-sale or other contactless readers at a standard 4 centimeters or more.

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Capital One: Ready to Make a Move into Mobile Payment?

Published: Jul 15 2011

Though one of the largest card issuers in the United States, Capital One has for the most part been quiet when it comes to contactless payment and NFC.

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Visa and Bank Launching MicroSD Card Trial in French NFC Cities

Published: Jun 28 2011
Jun 30 2011 (All day)

Visa Europe and Groupe BPCE, one of France’s largest banks, are launching a trial of mobile payment with the iPhone, Samsung’s Galaxy S and two BlackBerry Bold models, using contactless mic

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U.S.: Bank of America launches Second M-Payment Trial with microSD Cards

Published: Mar 1 2011
Scope: 
Trial
Status: 
Planned
Launch: 
Mar 2011
Main Application: 
Payment
Users: 
N/A

Bank of America is launching a larger trial of mobile payment using contactless microSDs compared to one it Read more »

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U.S.: Large American Bank to Test Contactless Payment with microSDs

Published: Aug 20 2010
Scope: 
Trial
Launch: 
Sep 2010
Main Application: 
Payment
Users: 
N/A

Employees and probably a few customers will be able to tap their BlackBerrys and iPhones to make payments, with the application stored on microSD cards inserted in the phones.

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