Blaze Mobile has been awarded a new patent for mobile banking and payment transactions, covering any transactions that comprise bill payment, peer-to-peer (P2P) funds transfer and funds transfer between bank accounts and credit cards. In all cases, the patent covers the funding of the banking transactions using NFC technology. “After the deciding to perform the […]

Australia’s Commonwealth Bank has announced that more than 120,000 customers have downloaded its Kaching mobile banking and contactless payments app since its launch in December, according to iTWire. Commbank did not disclose how many out of those 120,000 are using the app’s contactless payments feature, which requires iPhone users to buy an NFC-enabled iCarte protective […]

Chinese handset maker ZTE Corporation has announced the launch of Touch and Share, a new service that enables users to quickly establish Bluetooth or Wi-Fi connectivity between their mobile devices via NFC. According to ZTE, devices that feature Touch and Share are able to connect instantaneously without the need for users to scan for and […]

The world of mobile payments took a step forward in September when the Google Wallet was rolled out. The mobile application provides secure storage of payment information and uses near field communication (NFC) to complete a transaction. It takes a simple tap of the phone to make a purchase. The Google Wallet is only available […]

Astral Out-of-Home, a division of Canadian media company Astral Media, has announced the addition of NFC technology in its street advertisements throughout Toronto and Montréal. The new feature, developed in partnership with Gauge Mobile, enables smart phone users to tap their handsets against an ad to watch the trailer of an upcoming movie, get a […]

Poken, a provider of NFC tag-based marketing solutions, has received $2 million in an investment round led by Swisscom Ventures and Credit Suisse to expand its U.S. sales operations. In addition to the funding, Poken will move its headquarters from Switzerland to Paolo Alto, Calif. on April 1. The company has also appointed a new […]

Mobile payments start up Boku has received $35 million in funding from Telefonica Digital, the tech arm of Spanish mobile operator Telefonica, and New Enterprise Associates among other investors. According to Boku, the funding will be used to broaden the company’s infrastructure and expend its operations, which includes the recently launched NFC mobile payments service […]