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.

Topic “Google Wallet”

Microsoft Signals Support for SIMs with Its NFC-Enabled Wallet for Windows Phone 8

Microsoft has unveiled its NFC-enabled mobile wallet, as part of its planned Windows Phone 8 operating system, which the software giant introduced today at its Windows Phone Summit in San Francisco.

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.

Google Puts Wallet Phone on Sale Directly to U.S. Consumers

Apr 25 2012 (All day)

Google has put an unlocked version of its Galaxy Nexus Android phone on sale for GSM networks in the United States, which would open up the Google Wallet to customers of AT&T and T-Mobile.

Sprint Announces Availability Date for Second Google Wallet Phone

Google will have a second NFC phone officially supporting its Google Wallet when Sprint launches the LG Viper 4G LTE Android handset later this month.

Google Wallet Co-Founding Engineer Departs Google for Square

Apr 3 2012 (All day)

Google Wallet co-founding engineer Rob von Behren has left Google for payments startup Square, following former colleague Jonathan Wall in departing the Web giant.

Google Staff Departures Reveal Internal Rift over Wallet Program

The departure of two key former Google Wallet staffers from the company to start their own mobile-commerce venture is throwing a spotlight on what have been internal disagreements at the Web giant over strategy for the NFC-based wallet.

Fed Consumer Survey Shows Security Concerns Biggest Barrier to Adoption of Mobile Payments

Mar 16 2012 (All day)

Only 12% of respondents to a recent U.S. Federal Reserve Board consumer survey said they had made a mobile payment within the previous 12 months, though 25% said they were interested in using their phones as a mobile wallet.

Samsung Gears Up for Move into Mobile Payments with NFC Phones

Samsung Electronics is gearing up to jump into the mobile-payment market–with plans to offer a payments service from its NFC-enabled smartphones, NFC Times has learned.

Google to Get More Wallet Phones on Sprint; Seeks Other Telcos

While he announced that U.S. mobile operator Sprint will introduce more than 10 additional NFC phones supporting the Google Wallet this year, Osama Bedier, who heads the wallet program at Google, revealed few other details about how the Web giant plans to boost the wallet’s market presence.

Report: Retail Giants Work on Mobile-Payments System

Retail giants Wal-Mart Stores and Target Corp. are part of a group of merchants looking at developing its own mobile wallet or payment service, though few details are available, The Wall Street Journal reported today.