Reportlinker.com has released a market research report on the use of contactless payment stickers in place of built-in NFC phones to make mobile payments. The report,”Making Contactless Payments Sticky with Stickers,” identifies the key market drivers for contactless stickers and the issues that must be overcome to make them a real, viable solution in the […]

SK Telecom of Korea has signed a Memorandum of Understanding (MoU) with Japanese mobile operators KDDI Corporation and SOFTBANK MOBILE to lay ground for an interoperable contactless payment environment for mobile phone users of Korea and Japan. By signing the MoU, the companies have confirmed their intent to cooperate on developing a new type of […]

ASEC, a Polish subsidiary of On Track Innovations (OTI), has partnered with epay Polska to introduce a new service that lets customers load GSM prepaid cellular phone cards on ASEC’s Ticket Vending Machines (TVMs). ASEC’s TVMs are located throughout Warsaw’s metro, railway, bus and tram stations, and support multiple forms of payment including cash and […]

Colorado-based start up Sentegra has developed a new mobile wallet platform that provides secure mobile payment, authentication and certification capabilities and digital ticketing, according to Mobile Beat. The “meWallet” system is supported by Sentegra’s “idGadget” line of devices, which the company says are the first NFC products that can both send and receive data with […]

ASEC, a Polish subsidiary of On Track Innovations (OTI), has partnered with epay Polska to introduce a new service that lets customers load GSM prepaid cellular phone cards on ASEC’s Ticket Vending Machines (TVMs). ASEC’s TVMs are located throughout Warsaw’s metro, railway, bus and tram stations, and support multiple forms of payment including cash and […]

ABI Research, an independent firm providing analysis and quantitative forecasting of trends in global connectivity and other emerging technologies, has announced the appointment of John Devlin as principal analyst for smart cards and embedded security. As a principal analyst, Devlin will focus his research and management efforts on markets and technologies for smart cards and […]

Retail software provider ILoveVelvet has announced that it is bringing its point-of-sale solutions to the U.S. market. The technology, a mix of hardware and software, serves luxury brands as well as small and medium-sized retailers, enabling them to execute mobile point-of-sale payments, create a customized in-store experience and enhance product and customer knowledge. The system’s […]

The PCI Security Standards Council (PCI SSC), a global open industry standards body dedicated to increasing payment data security, has announced the appointment of Jeremy King as their new European Director. Based in the UK, King will work with the Council’s General Manager and member organizations to increase the Council’s presence in Europe and support […]

Frost & Sullivan has released a new report predicting a 6.2% jump in South Korea’s shipment of smart cards in 2010, rebounding from last year’s slump in demand. By the close of 2010, an estimated 49.6 million units are expected to be shipped, up from 46.7 million in 2009. Frost & Sullivan industry analyst Navin […]

Retailers in the UK are lobbying for emerging payment technology, viz. contactless payment, to be cheaper to process than current debit and credit cards, which are running them hundreds of millions of pounds in processing fees a year, according to The Register. According to the British Retail Consortium (BRC), each cash transaction costs retailers an […]