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Near Field Communication and all contactless technology

NFC TIMES Exclusive Insight – The recent announcement by large Spain-based banking group BBVA of plans to enable more banks across its footprint in Latin America to roll out the NFC-enabled BBVA Wallet as part of their banking apps could run into problems, given trends for low take-up of bank-issued NFC wallets. 

NFC Times Exclusive – Last May, when the venture capital arm of Russia’s largest bank, Sberbank, and vendor Sequent Software publicized plans for launching NFC mobile payments with both embedded chips and host-card emulation, the publically stated plan was for short pilots leading to launches before the end of the year.

Spanish bank Bankinter has launched its long-anticipated mobile-payments service based on host-card emulation, after being one of the first banks to propose an HCE-enabled service.

NFC Times Exclusive: Host-card emulation represents an “inflection point” for driving the rollout of NFC mobile payments and could also help the SIM-based NFC ecosystem to become more efficient and less costly, the head of payments innovation for major Spanish bank BBVA told NFC Times.

Spanish bank BBVA is claiming to be the first bank to commercially launch payments with host-card emulation, announcing today an upgrade of its Android mobile-wallet app incorporating Visa’s HCE specifications.

BARCELONA – Spain’s three major operators, Telefónica, Vodafone Spain and Orange Spain, are finally ready to sign a memo of understanding to work together on a common platform for introduci

Large Spanish retail bank La Caixa will begin rolling out 1 million contactless cards along with more than 15,000 point-of-sale terminals and 500 contactless ATMs in Barcelona this month.

Telefónica Spain has announced its large NFC trial at its Madrid headquarters, which it said would eventually put NFC phones into the hands of as many as 12,500 employees.

The ambitious project, led by telco Telefónica in Spain, involves three banks, enabling 1,000 Telefóni