A recent survey by CONIX has revealed that financial institutions are looking to invest in new payment technology in 2011, according to PNT Marketing Services. “Banks being on more stable ground has set the stage for a period of strategic business redistribution in the industry,” said CONIX’s CEO, Mike Charles. “Even while banks have been […]

The government of Victoria, Australia has begun a formal review of the region’s ‘myki’ contactless ticketing system to determine whether or not to scrap the $1.3 billion project in total, according to ABC News. The government has issued an order to cease further deployment of the system while it conducts its review, effectively doing away […]

The Light Rail Transit Authority (LRTA), the Philippine public transport operator in charge of operating the Manila Light Rail Transit System (LRT), is considering adopting a unified contactless fare payment card, according to malaya.com.ph. The LRTA has already begun a pilot of the new technology at Roosevelt and Balintawak stations with hopes of expanding the […]

Japanese carrier Softbank has announced new NFC stickers for the iPhone 4 that enables customers to conduct contactless mobile payments at the point of sale, according to macrumors.com The sticker, which covers the entire back of the phone, is made of polyurethane, weighs half an ounce and costs $36. The device does not actually interact […]

RNCOS has released a new report predicting that the worldwide shipment of secure microprocessor contactless smart cards will grow at a compound annual growth rate (CAGR) of 24% from 2011 to 2013. According to RNCOS, the increasing application of smart cards in various industrial sectors, including mobile payments, transportation and ID, coupled with rising awareness […]

The Westmoreland County Transit Authority (WCTA) is planning to install a smart card fare system on Westmoreland County, Pa. buses in 2011, according to The Pittsburgh Tribune-Review. The WCTA has won $600,000 in state and federal grants for the purchase of cards, readers and computer equipment, which will allow riders to tap and pay for […]

Burger King is now accepting concession and ez-link card payments in Singapore, making it the first western burger chain to adopt the Singapore Standard for Contactless ePurse Applications (CEPAS) since its introduction in December 2008. PaymentLink, exclusive partner of EZ-Link for payment and loyalty services on the concession and ez-link cards, has already installed 178 […]

Citibank Korea has partnered with KT, Korea’s 2nd largest wireless services provider, to launch its new Citi Mobile Card, enabling Citi credit cards to be downloaded wirelessly to a mobile phone’s USIM chip. The new solution allows KT customers to tap their mobile phone on a contactless reader at the point of sale to pay […]

GlobalPlatform has announced its board of directors for fiscal year 2011, following annual elections for six of the eleven seats. Individual members to serve as officers for a one-year team have also been confirmed. After serving as GlobalPlatform’s vice-chair for five years Marc Kekicheff, senior business leader of chip innovation within the Technology Office at […]

Alcatel-Lucent has launched a contactless payment and loyalty points program with Sanoma Magazines to help the Belgium-based publisher gain insight into the buying habits of its non-subscription customers, according to destinationcrm.com. In the pilot, customers use prepaid NFC stickers affixed to their mobile phones to buy Sanoma’s ‘HUMO’ and ‘Flair’ magazines by holding the mobile […]