DeviceFidelity has been granted a patent from the European Patent Office for its NFC payments technology. Patent number 2196010 describes the technology behind DeviceFidelity’s iCaisse NFC external accessory for the iPhone, iPad or similar devices. The patent covers multiple configurations of the external NFC accessory, including an embedded or a removable Secure Element as well […]

Mobile payments have more than doubled in popularity over the past year to reach over 33% of U.S. residents, according to IDC Financial Insights’ eighth annual Consumer Payments Survey. Of those survey respondents that had made a mobile payment, more than half used PayPal Mobile (56%), followed by Amazon Payments and Apple’s iTunes at about […]

C-SAM has licensed its Mobile Transaction Platform (MTP) to Dai Nippon Printing (DNP) as part of the two companies’ collaboration on a mobile wallet solution that will be fully integrated with DNP’s Trusted Service Management solution, smart card offerings and NFC technologies and digital services. According to C-SAM, this partnership will result in a mobile […]

The development of mobile wallet technology is being held back by a number of “hidden controls” that remain largely unexplored in the public domain, according to new research from Mobey Forum, the global bank-driven industry association for mobile financial services. Mobey Forum’s latest white paper, “Mobile Wallet: The Hidden Controls,” examines the external forces that […]

The prevalence of NFC payments at this summer’s Olympics in London may draw the attention of thieves using “fuzz” attacks on mobile devices, according to McAfee. London will serve as a major test ground this summer for NFC payments. Samsung and Visa are piloting the technology with Olympic athletes using Galaxy SIII phones, and it […]

With the emergence of Google Wallet and the slow migration toward mobile payment transactions, researchers at the University of Toronto had an idea. How about creating an app just for identification purposes? It would act as a simple form of ID, like a driver license, but it would reveal only the specific information needed for […]

Now that VISA and MasterCard have released road maps to EMV in the United States, the initial implementation milestone is fast approaching. With a first deadline in the fall there are some in the industry who wonder if the deadlines are too aggressive and whether the project could drag on for 10-years. “The size and […]

A survey of the 250 Oslo residents who participated in Telenor and DNB’s NFC payments pilot last summer yielded overwhelming positive results, according to Telonor. Launched in May 2011, the four month “Tap2Pay” pilot involved a select number of Oslo consumers using NFC-enabled Samsung phones to make MasterCard PayPass contactless payments at several retail stores […]

Telefónica Digital has announced a partnership with Visa Europe to deliver a variety of mobile commerce services to Telefónica subscribers across Europe. The agreement will see both companies co-invest in the development of new products and services in the NFC payments, mobile wallet, mobile point of sale, and merchant offers markets. According to Telefónica, the […]

Australia’s Commonwealth Bank has announced that its Kaching mobile payments app is now available on 13 Android mobile devices, including the NFC-enabled Samsung Galaxy S3. Android Kaching users can perform standard mobile banking functions as well as make peer-to-peer payments using a person’s mobile phone number, email address or Facebook account. The app does not […]