New research from London TravelWatch suggests that overcharges from London’s Oyster transit cards could undermine public trust in the system, reports Rail.co. According to London TravelWatch, incorrect use of the cards, i.e. not tapping in or out of a station, and a general lack of understanding of the Oyster system has resulted in passengers paying […]

A word to describe the state of campus banking relationships in 2010 is stagnation. According to CR80News’ latest survey of financial institutions, the number of campus card and bank partnerships remained virtually unchanged from 2009 to 2010. Overall growth in 2010 was less than five percent, by far the smallest increase since 2003 when CR80News […]

Integral is piloting VeriFone’s next generation VX Evolution contactless payment solution with merchants in the UK and Ireland, according to Internetretailing.net. Supporting the latest PCI PTS 3.0 standards, the VX Evolution line is designed to accept both contactless payment cards and NFC-enabled smart phones. Integral says will first introduce the VX 680 for the pilot, […]

Naratte, a start-up based in Sunnydale, Calif., says it has developed a new downloadable app that enables contactless payments on virtually any mobile phone, regardless of NFC capabilities, reports Technologyreview.com. Naratte’s technology, dubbed “Zoosh,” works by generating a high, inaudible pitch that creates a secure link with either another Zoosh-enabled phone or a specially equipped […]

Strategy Analytics has released a report lauding the newly announced mobile marketing and mobile payments joint venture between Everything Everywhere, Telefonica O2 and Vodafone in the UK as a “positive move” that will enable the mobile operators to secure a position at the heart of the nascent NFC contactless payments ecosystem. The report, “Collaboration Essential […]

The United Nations World Food Program (WFP) is launching an electronic cash delivery system in Nepal. Aimed for people employed in the WFP’s cash- and food-for work programs in western Nepal, this smart card system will deliver financial services to 484 households. The U.N. has partnered with Nepal’s Siddhartha Bank, issuer of the smart cards, […]

Everything Everywhere, Telefónica UK and Vodafone UK have announced plans to create a standalone joint venture for mobile marketing and NFC payments. The first of its kind in the UK, the open joint venture will aim to provide a single contact for advertisers, marketing partners, retailers and banks, making it easier to create m-commerce products […]

Sony Ericsson has announced it will use NXP Semiconductors’ NFC technology to create a portfolio NFC-enabled Android Xperia smart phones. Sony Ericsson has chosen to integrate NXP’s PN65 NFC solution, which includes the NFC radio controller, NFC software and the embedded secure element. The technology enables customers to make purchases or connect to a point […]

The Queensland government has announced the distribution of the two millionth go card for its contactless ticketing system. Operated by Cubic Transportation Systems, the system is now logging more than 3 million trips a week – 80% of which are taken with go cards, according to Cubic. First rolled out three-years ago, the Queensland project […]

MasterCard and Central Catering Services have announced the successful deployment of contactless wristbands at the Isle of Wight Festival last weekend. Launched for the first time in the UK, the PayPass-enabled wristbands allowed festival goers in the VIP area to make contactless purchases at Central Catering’s bar and Jamie Oliver’s ‘Fabulous Feast’ restaurant. The wristbands […]