Upgrades begin across UK retailers and vending machines to raise the contactless card payment limit to £20 from £15. According to StockMarketWire.com, there are approximately 23 million contactless cards in the UK, giving customers a quick and easy alternative to using cash. Customers simply pay by holding their card up to a reader for transactions […]

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 […]

The rapid roll out of contactless credit cards and NFC-enabled mobile payments in Canada will challenge cash’s dominance by 2016, according to Research and Markets’ new report, “Canadian Payments Forecast – 2012.” According to the report, contactless payments are likely to account for “significant” transaction volumes and values by 2016, with mobile payments following close […]

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 […]

Gemalto announced that “la Caixa,” one of Spain’s largest retail banks, is deploying Optelio contactless EMV cards as part of the country’s large scale deployment of contactless payments. The Gemalto card will enable “la Caixa’s” 10.4 million customers the speed and convenience of contactless transactions, enabling them wave or tap the card at the reader […]

Post Office Ltd is making good on its promise to roll out contactless payment terminals across its 11,500 branches network, according to guardian.co.uk. On June 6, the UK Post Office will introduce contactless payment terminals enabling customers to pay for goods by waving their contactless credit and debit cards and payment-enabled mobile phones over the […]

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 […]

Dates: September 18-20, 2012 Location: Tampa, Florida Venue: Tampa Convention Center URL: http://www.biometricconference.com/ Description: The 2012 Biometric Consortium Conference and Technology Expo, presented by AFCEA, NIST and NSA, will address the important role that biometrics plays in identification and verification of individuals for government and commercial applications worldwide. The Conference will be two and a […]

The Commonwealth Bank of Australia says it will release an Android version of its Kaching mobile payments app within six weeks – albeit without NFC, according to ZDNet. Andy Lark, chief marketing officer of Commbank, told ZDNet Australia that the Android version of Kaching will not leverage embedded NFC technology because Google and other device […]

SIA Central Europe, an IT systems operator supporting bankcard issuance and transactions, is looking to work with financial institutions in Hungary and other Central European countries to deliver NFC-enabled mobile services, according to QR Code Press. SIA is hoping to create new mobile payment services that are viable for mass adoption among bank customers in […]