iDTRONIC Smart RFID announced the unveiling of its M3 Orange Mobile Terminal. The integrated high frequency (HF) RFID reader provides stability and is intended for industrial use. The design is combined with an Intel X-scale 806 MHz processor, operating on the Windows Mobile 6.5 operating system, 256 MB SDRAM and 1 GB Flash memory allows […]

Mobile wallets are coming, and while mobile network operators are expected to provide the majority of NFC-based wallets, their market share will erode between 2012 and 2016 as Google and Apple enter the market, according to the latest predictions from ABI Research. ABI’s research study, “Mobile Wallet Strategies,” predicts that NFC-based mobile wallet users will […]

OnPoint Community Credit Union, an Oregon-based institution, has announced the launch of Tyfone’s iCashé Mobile Wallet program. The new service enables OnPoint’s 226,000 members to buy gift cards over a mobile phone and send them to others via SMS or email. Gift card recipients can use their cards in-store or online via their smart phone […]

MasterCard and Telefónica have formed a joint venture to deliver mobile financial services to customers of Vivo, the largest mobile operator in Brazil. The partners say the initiative will yield a mobile wallet service that will allow Vivo’s 65 million subscribers to make payments via their mobile phones as well as transfer funds, pay bills […]

FIME, an independent consulting and market integration testing service, has been selected by digital security provider Gemalto to validate its UICC NFC 2.0 product. The goal is to achieve qualification status by GlobalPlatform, which launched its compliance program earlier this year. Gemalto is among the first smart card players to align its product with the […]

Simply providing consumers with mobile wallet technology will not be sufficient to drive mass-market adoption, asserts Mobey Forum in a new white paper. In “Mobile Wallet – Definition and Vision,” the bank-led mobile industry association advocates taking a “holistic” approach to driving adoption, centered on innovations in mobile marketing. Mobey Forum says it is also […]

Visa is teaming up with MTN Group, a teleco operating in Africa and the Middle East, to offer a new mobile prepaid account service that will provide secure financial services and electronic payments to unbanked consumers in developing countries. Visa’s new product will enable MTN Mobile Money account holders to send funds to each other, […]

Giesecke & Devrient (G&D) has received certification from MasterCard for its Canadian TSM (Trusted Service Manager) hub in Toronto. With an existing MasterCard-certified TSM hub in Munich, G&D is now positioned to offer commercial TSM services at two sites globally, enabling customers in those areas to securely provide mobile payment solutions on NFC-enabled mobile phones. […]

The Southeaster Pennsylvania Transportation Authority (SEPTA) has voted to award a contract of up to $129.5 million to ACS Transport Solutions Group for the installation of a new contactless open fare system. According to SEPTA, the new system will replace current tokens, paper tickets and magnetic stripe passes with bank cards, smart ID’s, NFC-enabled phones […]

Mobile wallet provider Proxama unveiled its MasterCard NFC mobile contactless payment reference kit at the CARTES & IDentification conference in Paris. According to Proxama, the kit will enable companies to establish exactly what development requirements they need to get their NFC contactless payments deployments ready for market. Users will be able to perform a number […]