Netsize has released a new report finding that a majority of survey respondents would use their mobiles to buy big-ticket items. “Unlocking the Value of Mobile Commerce” includes research on the value amounts that people are ready for and willing to pay through their mobile phone for pricey items that go beyond the usual mix […]

The Smart Card Alliance Transportation Council is holding a meeting on open standards payment for public transportation in New York City on September 22 – 23. Hosted by the Metropolitan Transportation Authority/New York City Transit, the meeting will include updates on active and planned open standards transit payments projects from leading U.S. and international transit […]

Despite recent moves into mobile payment by giants such as Bank of America and Visa, US merchants may be hesitant to adopt the new technology, according to analysts at Reuters. First, there’s the issue of cost. According to Reuters, merchants pay banks nearly $50 billion a year for processing transactions on credit or debit cards, […]

A new Entrust mobile study reveals the need for effective security solutions in mobile phones is greater than ever. According to the data, most mobile applications have a limited functionality when it comes to overall security. In recent years many organizations, businesses and financial institutions have been adopting mobile apps to streamline online transactions and […]

PhoneFactor Inc. continues to grow its financial services roster announcing additions to its most recent clientele: Heartland Financial USA, OceanFirst Bank, Northway Bank, and CUANY Credit Union. The PhoneFactor solutions have been utilized by financial institutions as a way to protect customers using e-banking from online fraud. Additionally the PhoneFactor technology can authenticate bank employees […]

The Federal Communications Commission (FCC) is reportedly testing a new NFC-enabled Nokia smart phone, according to phonescoop.com. The unnamed phone, which Phone Scoop says could feature mobile payment capabilities, also supports Wideband Code Division Multiple Access (WCDMA) on radio bands used by AT&T and T-Mobile’s 3G networks. According to Phone Scoop, the inclusion of Wi-Fi […]

Bank of America will be testing NFC payments enabled through microSD cards, a spokesperson for the bank tells NFCNews.com. The program will begin in September and run through the end of the year in New York. Since the test will use microSD cards, iPhone users will not be able to participate. Other smart phones, such […]

Multicard, a business unit of Identive Group, announced that it has been selected by Rabobank to provide personalization and fulfillment services for the Dutch bank’s latest application of its MiniTix cashless e-payment solution. Multicard will manage product delivery, encoding and customer support for MiniTix, a program that allows Rabobank’s employees to make cashless payments using […]

American National Bank and Guaranty Bond Bank in Mt. Pleasant, Texas are now offering tap and go mobile payment to their customers and the community through Bling Nation. Customers with a checking account at either bank can sign up for a BlingTag, a quarter-sized microchip sticker that adheres to the back of their mobile phone […]

Animetrics has announced the release of a new facial recognition authentication service available on certain mobile phones. The service, called FaceR CredentialME, is available on devices using the Android, Windows Mobile and RIM operating systems on the Sprint 3G or 4G networks and was launched in conjunction with Troy Security Solutions, a mobile products and […]