HEADLINE NEWS

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

Published: Apr 25 2013

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.

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Australian Supermarket Chain Sees Fast Take-Up of Contactless Payment

Published: Apr 25 2013

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.

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Topic “Citi”

Google Wallet Point Man at Citi Leaves for Post at Daily Deal Site

Published: Dec 1 2011

Dickson Chu, who headed the Google Wallet program at U.S.-based Citigroup, has left the bank to take a newly created post as senior vice president for merchant solutions at daily deal site LivingSocial.

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Citi Exec: Banks Must Not Get Left Behind in Coming Era of M-Commerce

Published: Jun 30 2011

Citigroup’s Dickson Chu, who is leading Citi’s participation in the Google Wallet, says the bank understands its role in the coming era of mobile commerce.

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Google to Announce its NFC Mobile-Commerce Initiative

Published: May 25 2011

Google has confirmed it will be making a “partner announcement” concerning its NFC mobile-commerce initiative, which will be held tomorrow in New York.

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Announcement Involving Google, Citi and MasterCard Expected This Week

Published: May 25 2011

An announcement by Citigroup and MasterCard Worldwide with Google of an NFC-based payment service is expected by the end of the week, sources told NFC Times.

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Citi and MasterCard to Launch NFC Payment on Google’s Nexus S

Published: May 19 2011

Citigroup and MasterCard Worldwide will soon announce an NFC mobile-payment service in the United States with Google–with plans calling for Citi to issue a prepaid MasterCard PayPass application to be loaded onto Google’s Nexus S and perhaps other Android phones, NFC Times has learned.

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Citi and MasterCard See Google as Catalyst for NFC Rollouts

Published: Mar 29 2011

While Citigroup and MasterCard Worldwide are not confirming their planned participation with Google’s expected NFC mobile wallet, a representative of the bank has told NFC Times that a pairing with Google could make sense for Citi.

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Citi Launches Contactless Credit Sticker

Published: May 26 2010

U.S.-based Citigroup has quietly launched its contactless payment sticker, making it available to customers who request it on the bank’s Web site.

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MasterCard Worldwide

Published: Jan 22 2010
Headquarters: 
United States

MasterCard spearheaded the move to contactless-card payment in the U.S. with its PayPass technology.

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Citigroup

Published: Oct 12 2009
Headquarters: 
United States

Citi has never been sold on contactless-card payment like rival New York-based bank JPMorgan Chase. But Citi has made up for it with its interest in NFC.

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