By Autumn C. Giusti, Contributing Editor, AVISIAN Publications Imagine jet-setting from L.A. to Boston to Paris, catching the subway in all three cities, and only having to buy a single transit pass to get around. If four smart card powerhouses achieve their goal, this could one day be the reality for transit users. In January, […]

The Federal Reserve Banks of Atlanta and Boston have helped a number of leading telecom and e-payment companies reach a consensus on several issues dividing the mobile payments industry, according to Digital Transactions. The Feds have to date hosted three of these meetings consisting of about 20 industry representatives, including software companies, processors, merchant and […]

McDonald’s has begun offering NFC mobile coupons in restaurants across Japan, according to Mobile Commerce Daily. Once a week McDonald’s sends registered members of its “Toku” promotional program – now numbering 18 million – a list of coupons directly to their mobile phones. Customers then have the choice of opening the coupon on the phone’s […]

GlobalPlatform has announced the launch of a Trusted Execution Environment (TEE) Client Application Programming Interface (API) Specification designed to support mobile devices entrusted with sensitive information. The TEE is a secure area that resides in the main processor of the phone and guarantees that sensitive data is stored, processed and protected in a trusted environment. […]

The mobile payment market in China is expected to grow dramatically in the next two years, with the number of users exceeding 100 million by 2011, according to The Global Times. IT research firm Analysis International reports that last year there were 72.8 million mobile payment subscribers in China, of which only 27.16 million used […]

IE Market Research Corporation has announced the release of its new report, 3Q.2010 Global Mobile Payment Market Forecast, 2010 – 2014. The report predicts that in 2010 alone, mobile payment users will exceed 500 million. This number is set to grow at a compound annual growth rate of of 20.5% to reach over 1 billion […]

Gemalto today announced it will provide its Trusted Services Management service to support the launch of NFC applications in Thailand. Gemalto is partnering with KASIKORNBANK, the country’s second largest bank, and with Advanced Info Services, the nation’s largest telecommunications operator, to provide NFC services to Thai consumers such as touch-and-go mobile payment. Gemalto is entrusted […]