Worldwide mobile payment transaction values will surpass $171.5 billion in 2012, a 61.9% increase from the $105.9 billion recorded in 2011, according to new research from Gartner. Accordingly, the number of mobile payment users will reach 212.2 million in 2012, up from 160.5 million in 2011, says Gartner. “We expect global mobile transaction volume and […]
01 Jun, 2012Report: Worldwide mobile payment transactions jump 62% to $171.5 bn in 2012
01 Jun, 2012‘la Caixa’ taps Gemalto for large scale EMV deployment in Spain
Gemalto announced that “la Caixa,” one of Spain’s largest retail banks, is deploying Optelio contactless EMV cards as part of the country’s large scale deployment of contactless payments. The Gemalto card will enable “la Caixa’s” 10.4 million customers the speed and convenience of contactless transactions, enabling them wave or tap the card at the reader […]
31 May, 2012NFC too slow for London’s Tube, says TfL
Transport for London (TfL) executive Shashi Verma has declared NFC’s read speeds “too slow” for use in the London Underground, reports PCWorld. Speaking at the Open Mobile Summit conference in London, Verma explained that contactless read speeds on the Tube have to be faster than 500 milliseconds, which NFC can’t make under current standards. According […]
31 May, 2012UK Post Office brings in contactless payments
Post Office Ltd is making good on its promise to roll out contactless payment terminals across its 11,500 branches network, according to guardian.co.uk. On June 6, the UK Post Office will introduce contactless payment terminals enabling customers to pay for goods by waving their contactless credit and debit cards and payment-enabled mobile phones over the […]
31 May, 2012The ears may have it when it comes to biometrics
Ears may be the ideal body part for biometric identification, says a researcher from the University of Southampton, England. Professor Mark Nixon of the university’s ECS-Electronics and Computer Science department is conducting research on the concept, using photos of ears matched against a comparative database. Nixon thinks ears could be just as distinctive an identification […]
31 May, 2012Report: 1 in 4 mobile users to make NFC payments by 2017
A new report from Juniper Research has found that more than one in four mobile phone users in the U.S. and Western Europe will use an NFC-enabled handset to pay for goods in-store by 2017, compared with less than 2% in 2012. According to Juniper, NFC payments will reach $180 billion worldwide by 2017 as […]
31 May, 2012RFID collar tag makes pet ID quick and easy
Daily RFID introduced a new RFID pet tracking tag, developed to be an unobtrusive RFID tag to that is equipped on the animal’s collar. Known as the ultra-high frequency animal card, the smart RFID pet tag has a storage capacity of 96 bits / 512bits / 2000bits to hold vital pet information, such as medical […]