31 Jul, 2012Report: Biometrics to be necessary on smart mobile devices
British market research firm Goode Intelligence predicts in its new report “Mobile Phone Biometric Security – Analysis and Forecasts 2011-2015” that mobile biometric security will be an essential feature on all smart mobile devices. This prediction builds on Goode’s previous forecasts that the mobile biometric security market would grow to 39 million users by 2015. […]
30 Jul, 2012ViVOtech looking for buyer
Company hopes to hold on to software biz As Mark Twain once said, “the reports of my demise are greatly exaggerated.” So too says ViVOtech. Reports late last week that the point-of-sale manufacturer and software company was ceasing operations may be reality but the company posted on the homepage of its Website that it’s “restructuring.” […]
27 Jul, 2012Visa: Mobile payments will go mainstream in two-three years, says Visa exec
Despite numerous trials and deployments of NFC-enabled payment terminals in the U.S., mobile payments are still two to three years away from becoming mainstream, Visa’s head of mobile Bill Gajda told CNET. According to Gajda, there are two main problems holding mobile payments back: hardware and customer awareness. In addressing the hardware problem, Visa and […]
26 Jul, 2012Identive’s tomPAY NFC sticker to be used at Olympics
Identive Group announced that its tomPAY NFC tag technology is being deployed at hospitality events at the London 2012 Olympics. Identive’s tomPAY solution can be used as conventional contactless payment card or the NFC tag portion can be peeled off and affixed to a mobile phone to make contactless payments, redeem loyalty points and more. […]
25 Jul, 2012Report: Retailers are weak link in NFC ecosystem
Juniper Research has released a new report declaring 2011 a “watershed year” for NFC payments, despite retailers’ reservations about adopting the technology. According to Juniper, the NFC payments market acceleration of 2011 revealed that many retailers are less convinced of the benefits of NFC payments over existing card technologies and are unwilling to invest in […]
25 Jul, 2012Report: NFC POS terminal market to grow 17% by 2015
TechNavio released a report predicting that the global NFC point of sale terminal market will increase at a compound annual growth rate (CAGR) of 17% from 2011 to 2015. According to the report, one of the key factors contributing to the growth is minimizing POS overheads. The NFC terminal market is also bolstered by vendors […]
23 Jul, 2012Report: Consumers prefer mobile wallets from banks over other providers
Consumers would choose mobile wallets provided by banks over other non-traditional mobile wallet providers, according to Auriemma Consulting Group’s (ACG) lastest Mobile Payments Report. ACG’s report found that 18.4% of consumers would choose a mobile wallets provided by a bank (American Express, Barclays, Lloyds TSB, etc.), while 11.6% of consumers would prefer mobile wallets from […]
23 Jul, 2012RFI Global receives Visa approval for mobile product testing
UK-based test lab RFI Global has been accredited by Visa to perform tests on a number of products for the mobile financial services industry, including mobile handsets, Universal Integrated Circuit Cards (UICC), microSD and embedded secure element combinations. RFI Global will test these products in compliance with the Visa Mobile Contactless Payment Specification to ensure […]
20 Jul, 2012Dutch banks and operators nix NFC joint venture
TRAVIK, aka Sixpack, the would-be joint venture between Dutch telecos KPN and Vodafone Netherlands, and banks ING, Rabobank and ABN Amro, has announced that it will officially disband. According to Bell ID, the joint venture called it off due to the growing availability of trusted service manager (TSM) products and services, which has rendered its […]
20 Jul, 2012Isis to debut on BlackBerry, Android and iPhone in August
Isis, the mobile payments joint venture from Verizon, AT&T, and T-Mobile, will likely launch its service this August on Android and BlackBerry smart phones with embedded NFC, as well as on iPhones with NFC sleeve attachments, an inside source has told CNET. Although it has been known for some time that Isis will debut in […]
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