Ericsson, a Sweden-based provider of telecom equipment, has partnered with Aconite to enable banks to deliver and remotely manage contactless mobile payment applications on their customers’ NFC-enabled mobile phones. The solution is based on the integration of Aconite’s Mobile Application Manager with Ericsson’s Trusted Service Manager (TSM) interfaces. It enables an issuer to create a […]

Shipments of NFC-enabled point of sale (POS) terminals doubled to an estimated 2.5 million units worldwide during 2011, according to a new research report from Berg Insight. Berg forecasts that the global installed base of NFC terminals will grow at a compound annual growth rate (CAGR) of 49.4% from 3.9 million units in 2011 to […]

International payment systems provider ACI Worldwide released a roadmap for improving its mobile wallet and mobile banking solutions. The company plans to partner with Bell ID to offer over-the-air provisioning and management of NFC applications as well as the management of the secure element on NFC-enabled mobile devices. This service, which will be powered by […]

For public transit users, the grind of a daily commute is two-fold. Not only do you have to cram onto a crowded bus or train, but you also have to worry about having your fare ready, whether you’ve got exact change, if your transit pass has expired, or what to do if your transit card […]

Forty-eight percent of U.S. consumers are now interested in using a mobile wallet, according to a new survey from Carlisle & Gallagher Consulting Group. The survey, which drew 605 respondents, found that of these 48%, nearly 80% are interested in using PayPal’s mobile wallet service, while 60% would use a mobile wallet from Google or […]

PayPal launched a new bar code-based mobile payments service in the UK that allows customers to pay for items in-store with their smart phones. The PayPal inStore app, available for Android and Apple iOS devices, generates a unique bar code and transaction number for each purchase, which the store’s cashier can scan to deduct payment […]

Comprion has integrated NFC Forum RF tests into its UT³ Platform terminal test system. According to Comprion, the new integration enables the UT³ Platform to perform RF and digital tests as part of the NFC Forum Compliance Program for assuring mobile-to-mobile communication. It can also do contact-based, Single Wire Protocol and Host Controller Interface tests […]

Mobilis Networks, a provider of mobile wallet software applications, announced a new service that enables international money transfers to be sent via mobile phone and verified using a biometric fingerprint scanner. By deploying Mobilis’ mobile wallet services for international remittances, a mobile operator can receive international money transfers directly into their subscribers’ mobile wallets through […]

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 […]

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 […]