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This is the list of all our press releases.
The time is right for services such as banking, money transfers and on-line payments to make the move to mobile handsets and services concludes IMS Research. Improved coverage, greater uptake of feature phones and smartphones, higher mobile penetration and service availability has all contributed analysis. [Read More]
An analysis of the global m-payments opportunity forecasts that 2.1bn mobile subscribers will pay by mobile for digital goods downloaded to their mobile phones by 2013. [Read More]
Oxigen Services announced ‘OxiCash’, a prepaid stored value wallet accessible through the mobile or PC allowing users to make payments for a host of services such as prepaid mobile, TV recharges, telephone bill payments, travel services, e-commerce sites, mobile videos, music, games and other utility/insurance bill payments. [Read More]
In a letter from the chief general manager of the Reserve Bank of India, AP Hota, writes: “Reserve Bank of India (RBI) is in the process of finalizing the Operative Guidelines for banks on mobile payments.” [Read More]
MasterCard has agreed to offer a fully-integrated on-demand person-to-person m-payment service in the US with Obopay. [Read More]
Citi's 1.2m credit card customers in the Philippines can now use SMS to authorise payments for deliveries and services on their credit cards – writes Finextra.com. ‘Citi Mobile’ - which has been piloted by staff for the last few months - lets users authorise transactions by texting or calling merchants instead of swiping their cards. [Read More]
Innovision Research and Technology, MIG and O2 successfully launched NFC wristband technology at the O2 Wireless Festival earlier this month. [Read More]
For the first time, Londoners can use 'tap and go' payments in taxis, as The Royal Bank of Scotland (RBS) introduces contactless payment technology in selected black cabs across the capital. [Read More]
ANZ and Visa have announced the launch of the first reloadable, prepaid contactless card in Australia. The new ANZ Stadium Visa payWave card will be launched at ANZ Stadium in Sydney where it will be offered initially to 2,000 ANZ Stadium members. [Read More]
The Industrial and Commercial Bank of China (ICBC) is issuing its customers with the country’s first ever Visa EMV payment card allowing both contactless and contact-based payment. [Read More]
Contactless cards allow people to make purchases as a fast and convenient alternative to cash. Although it has been in use since September 2007, a whopping 88% of British have never heard of the technology. [Read More]
Much has been made of the market for m-payments and ticketing services using NFC; but is there more to the market for NFC-enabled services than this? [Read More]
The UK is set to be at the forefront of the changes in payment systems that are predicted to sweep across Western Europe in the next four to seven years. A recent study, commissioned by Visa Europe, reveals that UK retailers are particularly keen to embrace new payment technologies ahead of their European counterparts, and by 2012-2015, anticipate these being a key factor in their retail outlets, both physical and online. [Read More]
BuzzCity, a provider of global wireless communities and consumer services, has revealed the results of worldwide research conducted with users on their portal, myGamma. The research examines which products and services will best meet the needs and interests of myGamma members over the next twelve months. [Read More]
Following the recent publicity surrounding the hack to the Crypto-1 cipher of the Mifare Classic and Plus cards, Bell ID would like to reassure its customers that the ANDiS Card and Application Management Systems (CAMS) and it’s associated solutions are unaffected by this hack. While ANDiS interacts with the chip on the smart card, it is the integral security of the chip that has been attacked not the security of the connecting systems. [Read More]
The Mobey Forum says a standards-based approach to the provision of mobile financial services (MFS) has moved a step closer with the release of its research examining the challenge of sharing a mobile handset's secure hardware, the so-called secure element. [Read More]
The Mobey Forum says a standards-based approach to the provision of mobile financial services (MFS) has moved a step closer with the release of its research examining the challenge of sharing a mobile handset's secure hardware, the so-called secure element. [Read More]
The Mobey Forum says a standards-based approach to the provision of mobile financial services (MFS) has moved a step closer with the release of its research examining the challenge of sharing a mobile handset's secure hardware, the so-called secure element. [Read More]
NXP Semiconductors has been ranked at the top of the latest Vendor Matrix released by ABI Research. Inside Contactless and Infineon Technologies claimed the second and third spots in the company’s most recent evaluation of worldwide contactless IC vendors. [Read More]
A new analysis of the m-payments opportunity forecasts that the gross transaction value of payments made via mobile phone for digital goods (such as music, tickets and games) and physical goods (typically gifts and books) will exceed $300bn globally by 2013. [Read More]
The Mobey Forum says a standards-based approach to the provision of mobile financial services (MFS) has moved a step closer with the release of its research examining the challenge of sharing a mobile handset's secure hardware, the so-called secure element. [Read More]
The Mobey Forum says a standards-based approach to the provision of mobile financial services (MFS) has moved a step closer with the release of its research examining the challenge of sharing a mobile handset's secure hardware, the so-called secure element. [Read More]
Ingenico has announced that the i3070 Contactless PINpad has achieved both MasterCard PayPass and Visa payWave approval. This makes the i3070 the first Contactless PINpad that can read magnetic stripe cards, smartcards, contactless cards and NFC phones. [Read More]
Dialogue Communications is spearheading yet more ‘Payforit’ developments this month with the launch of Payforit single click payments. Dialogue has been at the forefront of the m-payment initiative's growth over the past two years and, the company says, this latest feature will significantly improve Payforit's usability and revenue generating potential. [Read More]
Unfortunately, not your Summer holiday! However, during August & September 2008, we have a special token package for new advertisers - please telephone us for details. [Read More]
Extending its previously announced series C funding round, INSIDE Contactless has added Samsung Ventures America to its active investor community, which now includes the world’s top three handset manufacturers. [Read More]
Atos Origin has successfully completed the roll-out of a new m-ticketing service for Heathrow Express train network between London Heathrow’s airport terminals and Paddington Station in Central London. Passengers on the Heathrow Express can now have their tickets sent directly to a mobile phone or PDA, so they do not have to queue to collect tickets at the station before they travel. [Read More]
Visa says significant milestones have been reached in the adoption of its contactless technology feature, payWave, demonstrating continued global momentum for the technology. Visa says payWave is expanding to new merchant segments and is being added to an increasing number of credit, debit and prepaid cards. [Read More]
Gemalto has announced that five banks currently use its ‘Allynis’ service offer as part of the ‘Payez Mobile’ trial for contactless mobile payment: the BNP Paribas, Crédit Agricole-LCL, Crédit Mutuel-CIC, Caisse d’Epargne and La Banque Postale Groups. [Read More]
The public transport authority of the Frankfurt Rhein-Main region (RMV), T-Systems, Nokia and Venyon have announced the next phase for RMV m-ticketing at the international NFC Forum meeting in Frankfurt am Main in Germany. [Read More]
PayMate India has announced the closure of its second round of investment of $9m led by Mayfield Fund and participation from existing investors, Kleiner Perkins Caufield & Buyers and Sherpalo Ventures. [Read More]
E*TRADE launches mobile platform [Read More]
The first m-ticketing application using UK m-payment initiative payforIT has been launched by Dialogue and AEI Mobile. M-ticketing will enable party-goers to purchase tickets to a London nightclub via their mobile phone using payforIT, and to receive the tickets via SMS. [Read More]
Commerce over mobile devices such as mobile phones is accelerating in the US, according to data released by The Nielsen Company. Already, 9m US mobile subscribers say they have used their mobile phone to pay for goods or services, and half of all data users (49%) say they expect to participate in m-commerce in the future. [Read More]
Suvidha has launched ‘Beam Mobile Transaction Service’s’ which can be used by customers of any Indian telecom operator, using entry level mobile equipment so they can transact regardless of having any banking relationship. [Read More]
Selftrade customers will be among the first in the UK to have access to a new internet share dealing service from their mobile phones. [Read More]
Italy’s PosteMobile says that Gemalto has provided a software solution that allows BancoPosta customers to securely carry out payment transactions with their mobile phone. Both PosteMobile and BancoPosta are part of the Poste Italiane Group, which hope to take advantage of their unique position in the convergent mobile and banking worlds. [Read More]
PayNET Recruitment recently read a report by CGAP (Consultative Group to Assist the Poor). The report is so thorough that I had difficulty editing it down without leaving large and highly relevant tracts of information out. As such I have decided to publish the report in three different issues which break down as ‘Observations’, ‘Uncertainties’ and ‘Predictions’ as set out in the original text – below is part two of our three part series – ‘Uncertainties’. [Read More]
Global POS interchange fees increased 140% between 2000 and 2006, to $64bn (€48bn). This massive growth in POS interchange fees was mainly fuelled by a phenomenal increase in payment card purchase expenditure worldwide and increased interchange rates in the USA, and occurred despite reduced interchange rates in Australia, Europe and elsewhere. [Read More]
Innovision Research & Technology has launched an NFC/RFID tag platform offering up to 2Kbytes of memory. This new IC platform allows RFID and NFC integrators to select the optimal tag for their application performance and price requirements. It is intended to meet demand for high volume, small size, lower cost RFID/NFC tags for integration into smart objects, providing a family of devices finely tuned to their specific application requirement. [Read More]
Coupons, Inc. and Yahoo! have expanded their current relationship to enable consumers to discover and redeem coupons from their phones while on the go. Coupons, Inc. dominates the online coupon space, with more than 800 brand relationships, thousands of coupon campaigns and the world’s leading online coupon distribution network. The company will make its mobile platform immediately available to all the brands in its network. [Read More]
SCM Microsystems (SCM) says it plans to focus on the fast growing contactless technology market, an important extension to their current strategy. Last week the company announced its first major contactless initiative – a Memorandum of Understanding with Sony Corporation to supply contactless FeliCa physical access control terminals for international markets. [Read More]
A survey by Experian Payments, formerly Eiger Systems, into payment fraud has found that UK telecoms operators unanimously agree that their banks could do more to help them in the fight against payment fraud. [Read More]
The mobile phone is practically universal, with more than 3.3bn subscribers worldwide, yet 71% of all consumers surveyed in 14 countries will not consider using a mobile device to bank or shop online, according to a study released by Unisys Corporation. [Read More]
The latest figures from IMS Research show the combined forecasts for users of contactless m-payments, m-banking and over-the-air (OTA) transactions to reach 884m in 2012. This is the cumulative number of users expected to adopt new technologies, platforms and services who are expected to complete 62bn transactions between them in that year. [Read More]
MasterCard Canada is testing NFC-enabled phones with PayPass capability on Bell Mobility's wireless network. The four-month trial is the next major step in bringing contactless payments via mobile phones to the Canadian market. [Read More]
Equens and supermarket chain Albert Heijn will begin a pilot with ‘Tip2Pay – pay with your fingertip’. For a period of six months, customers of Albert Heijn will be able to pay for their shopping using their fingertips. [Read More]
TIM (Telecom Italia Mobile) is to launch an NFC program in Trento, Italy. Gemalto will provide TIM with transport applications embedded in the SIM cards to allow TIM customers to use their mobile phone as a convenient access device to take public transportation. [Read More]
The public transport authority of the Frankfurt Rhein-Main region (RMV), T-Systems, Nokia and Venyon have announced the next phase for RMV m-ticketing at the international NFC Forum meeting in Frankfurt am Main in Germany. [Read More]
Bank of America says it has surpassed 1m unique active m-banking customers. BofA’s m-banking application allows customers to check balances, pay bills, transfer funds, view posted and pending transactions and even locate banking centres and ATMs, accompanied by maps and directions. The service was introduced nationwide in Q2 2007 as part of BofA's suite of online banking services. Nearly 25m consumers bank online with Bank of America. [Read More]
Singapore's StarHub has signed a Memorandum of Understanding with NTT DOCOMO to explore an m-wallet concept similar to Japan's renowned Osaifu-Keitai wallet (MPW 70, 81, 91) for future implementation in Singapore. Singapore is the first market outside of Japan to commence an official study and eventual pilot of this service. [Read More]
Equens and supermarket chain Albert Heijn will begin a pilot with ‘Tip2Pay – pay with your fingertip’. For a period of six months, customers of Albert Heijn will be able to pay for their shopping using their fingertips. [Read More]
TIM (Telecom Italia Mobile) is to launch an NFC program in Trento, Italy. Gemalto will provide TIM with transport applications embedded in the SIM cards to allow TIM customers to use their mobile phone as a convenient access device to take public transportation. [Read More]
The UK mobile payment initiative payforIT is expanding onto the World Wide Web with the help of Dialogue Communications. The payforIT payment mechanism will offer shoppers an online payment alternative and enable internet merchants to reach new customers. [Read More]
Fronde Anywhere has reported significant uptake of its mobile two-factor authentication platform, TwoSecure. [Read More]
T.Bish-Jones has been with Woolworths for six years and will remain in his job for three more months while the search for a successor gets under way. [Read More]
Rising food and fuel prices have pushed UK consumer inflation up to 3.3 per cent, according to the Office for National Statistics. [Read More]
Bharti Airtel has announced the launch of a whole range of m-commerce solutions such as Mobile Money Transfer (MMT), Postpaid Bill Payment and Prepaid Recharge on the mobile phone. It is partnering with ICICI bank, HDFC bank, SBI, Corporation bank and VISA to enable these payments. [Read More]
Although the actual figures in the various research reports vary significantly, the widespread adoption of the mobile phone as a payment mechanism now seems a certainty. PSD has recruited into the payment space since the mid-nineties and we were around for the false dawn and demise of the Simpay consortium a few years back (MPW 53, 65), so we’re aware that these predictions aren’t always fool proof. [Read More]
Adoption of m-banking should increase rapidly in major European markets. Thanks to improvements in mobile technology and high mobile phone adoption rates in Europe, banks are able to offer a wide range of added value m-banking services, according to a new report, ‘Mobile Banking Services in Western Europe’ from Celent. [Read More]
Fronde Anywhere has reported significant uptake of its mobile two-factor authentication platform, TwoSecure. [Read More]
Canon is introducing two completely open ruggedized ‘All-in-One’ POS terminals in Europe: the ergonomic workhorse Canon Handy Terminal GT-10 and the hardworking slimliner, Canon Handy Terminal GT-1W. [Read More]
MPW recently read a report by CGAP (Consultative Group to Assist the Poor). The report is so thorough that I had difficulty editing it down without leaving large and highly relevant tracts of information out. As such I have decided to publish the report in three different issues which break down as ‘Observations’, ‘Uncertainties’ and ‘Predictions’ as set out in the original text. [Read More]
Spanish operator Telefonica will launch m-banking services to economically challenged countries in Latin America. Developed in partnership with the Inter-American Development Bank (I-ADB), the new m-banking initiative targets the 175m people in the region who use mobile phones but have no banking access. [Read More]
Adoption of m-banking should increase rapidly in major European markets. Thanks to improvements in mobile technology and high mobile phone adoption rates in Europe, banks are able to offer a wide range of added value m-banking services, according to a new report, ‘Mobile Banking Services in Western Europe’ from Celent. [Read More]
PayPal and Sprint Nextel team on m-payments app [Read More]
The UK’s Payments Council has unveiled the first national plan for UK payments, providing a strategic framework for payments innovation and change over the next decade. [Read More]
Affirming its position in the contactless payments market, INSIDE Contactless says that shipments of its MicroPass intelligent payment platform for contactless payment cards have surpassed 50m units. [Read More]
The trial will run until Q4 2009 with the collaboration of 200 retailers who are clients of Banque Populaire Bourgogne Franche-Comté in Besançon. It will enable nearly 4,000 holders of the Banque Populaire Flash card to pay for purchases of less than €20. [Read More]
27 May 2008:  THE COST OF CASH
The cost of cash is an interesting driver in the banks and card associations drive to remove as much of it from the financial system. [Read More]
New figures from the British Retail Consortium (BRC) show, despite card companies pushing plastic alternatives, cash has increased its dominance as a means of payment over the last 12 months. [Read More]
CellTrust CEO Sean Moshir has been speaking at the recent Airline Payment Summit, in Toronto, Canada. Moshir addressed the pitfalls and promises surrounding mobile airline payments. [Read More]
Nokia has introduced the Nokia 6212 classic featuring integrated NFC. The 3G handset allows consumers to conveniently share content, access services and information as well as conduct payments and ticketing with one tap of the device. [Read More]
MoneyBoxAfrica is partnering with paybox to develop a mobile banking product for anyone in Africa. MoneyBoxAfrica is a new savings and payment system based on a scratch card and enabled by any mobile phone. It offers a cash-like way to remotely save, spend, and transfer money. [Read More]
paybox has teamed with Globe Telecom through its wholly-owned subsidiary, G-Xchange, to offer overseas Filipinos worldwide a cheaper and more convenient way to send money home. [Read More]
Mobiqa and Eastern Europe’s foremost ticketing agency Ticketportal, have secured a deal that is to revolutionise the gig-going experience for many live events scheduled in the Czech Republic, Slovakia, Hungary and Poland. [Read More]
Our news reporter is away week commencing Monday 12th May 2008, our news pages will be updated on Monday 19th May 2008. [Read More]
Regulus Communications has launched TXTnet, an interactive text messaging feature of the Young Author’s Magazine Anthology program. [Read More]
At the end of January AGICOM, the Italian Authority Guaranteeing Communications published an alert to consumers and operators warning them of the growing phenomenon of spam messaging to mobile devices in Italy. [Read More]
Hypercom has announced the completion of its acquisition of Thales SA’s e-Transactions business, bringing an expanded team of industry experts to lead the now nearly one-half billion dollar revenue company. [Read More]
Contrary to suggestions that the online channel may soon prevail over bricks and mortar stores, new research commissioned by Visa Europe indicates that these two routes to market are likely to perform complementary roles. [Read More]
Virgin Megastores in New York and California has launched a campaign using mobile coupons to bring customers to their stores. Customers can receive in-store discounts on many products including CD’s, DVD’s, books and memory sticks or cards for the mobile phone. Virgin partnered with mobile coupon company Cellfire for this project. [Read More]
Barclaycard says it plans to issue over a million contactless payment cards across the UK in 2008 writes Finextra.com. The bank launched its three-in-one OnePulse card, which includes a standard chip and PIN payment system, Oyster card functionality and Visa's 'wave and pay' contactless payment technology, in London last September (MPW 99, 100). At the same time Barclaycard began rolling out OneTouch, its in-store contactless payment acceptance technology. [Read More]
Amazon.com has launched Amazon ‘TextBuyIt’, a new service that lets customers use text messages to find and buy products sold on Amazon.com. [Read More]
Washington Mutual is offering its customers the convenience of going contactless in 2008 with the WaMu Debit MasterCard with PayPass. [Read More]
Obopay India and YES BANK have announced an alliance to launch secure m-payment solutions in India. [Read More]
EAT, a sandwich, soup and coffee shop, has become the first retailer in the UK to introduce a fully integrated contactless payment system. [Read More]
Growth and excitement continues to surround the contactless financial and transit payment markets, industry leaders confirmed at the Smart Card Alliance’s first annual Payments Councils Summit held recently in Salt Lake City, Utah. [Read More]
Alliance & Leicester Commercial Bank has announced the launch of a mobile banking service for business customers provided by MONILINK. [Read More]
JCB and CASSIS International (CASSIS) say they have reached an agreement to collaborate in an experiment to test NFC over-the-air (OTA) services. JCB and CASSIS will jointly demonstrate end-to-end secure contactless payment issuance services for NFC mobile phones. [Read More]
Mobile NFC has been on the industry road map for a long time, but while the growth of contactless cards has been rampant across the globe, mobile NFC based implementations have only reached trial status. [Read More]
Sirit has announced a collaboration with Microsoft to bring NFC and contactless support to the Windows Mobile operating system. By leveraging Sirit’s embedded software and technology, the companies aim to speed the adoption of NFC and contactless technology in Windows Mobile powered smartphones and the development of Windows Mobile powered NFC applications. [Read More]
sQuidcard, the eMoney payments system operator (MPW 84, 100), and Greater Manchester Passenger Transport Executive (GMPTE), responsible for transport initiatives across one of the largest cities in the UK, have signed a contract to deliver a pre-paid transit smartcard service. [Read More]
SK Telecom and Citi have announced Mobile Money Ventures, a joint venture company that brings together two industry leaders to develop mobile financial services and technologies that will deliver greater functionality, speed, and convenience to consumers around the world. [Read More]
Indian companies Reliance Communications and HDFC Bank have come together to offer the Reliance mPay credit card with HDFC Bank. This is India's first virtual credit card to for Reliance Mobile users across India. [Read More]
TheTrainline has announced that First Ondemand will provide a mobile-phone security solution for Trainline Smart, the ITSO smartcard system which will be piloted in 2008. [Read More]
Macalla and WesternCard Association & Partners will launch the ‘WesternCard Express Program’. This programme is a worldwide m-payment service using the Macalla mobile transactions platform. [Read More]
INSIDE Contactless has launched the MicroPass 4000 contactless microprocessor family, a next-generation platform designed to bring a host of new contactless applications to mainstream markets in the US and elsewhere, with two initial product offerings intended for contactless payment applications. [Read More]
Valista have announced the addition of a comprehensive ‘Campaign Analytics module’ to its Operator Payments Service. [Read More]
New research has estimated that over 2.6bn mobile tickets will be delivered to just over 208m mobile phone users by 2011. This is one of the key statistics from a study by Juniper Research. [Read More]
In the US and around the world, law enforcement continues to struggle with the many low-tech but highly effective ways criminals launder money and finance terrorism. Over the last several years, the INCSR Volume II (International Narcotics Control Strategy Report) has brought attention to some of these methods and has chronicled progress in developing countermeasures. [Read More]
Hypercom has launched the new Optimum M4200 series of mobile electronic payment terminals, a family of four battery-powered devices designed to meet the need for high-performance, portable payment solutions. [Read More]
PayMate has partnered with Bank of Ceylon (BOC), Sri Lanka’s No. 1 Bank, to offer an m-payment solution. BOC banking customers will now be able to make their monthly electricity, water and telephone bill payments via a simple SMS. [Read More]
Barclays has launched ‘Hello Money’, a service that it claims breaks away from the traditional methods of m-banking and takes consumer banking services to the next level of convenience. For the first time in India, customers can now carry their bank in their mobile, accessing banking services anytime/anywhere on the move. [Read More]
A new Harris Interactive study finds that mobile phone users are increasingly comfortable making banking and purchase transactions while on-the-go. [Read More]
Mobile banking is growing at a feverish pace to emerge as a powerful ‘right here, right now’ channel for banks to connect with their retail and business customers, as well as reach new customer segments. [Read More]
200 test users now have the opportunity to try out a service that is scheduled to be introduced nationwide for all rail passengers in 2010: Touch&Travel - the Deutsche Bahn AG and Vodafone's innovative e-ticketing system. [Read More]
Barclays has launched ‘Hello Money’, a service that it claims breaks away from the traditional methods of m-banking and takes consumer banking services to the next level of convenience. For the first time in India, customers can now carry their bank in their mobile, accessing banking services anytime/anywhere on the move. [Read More]
Mobiqa and PayPal Mobile have provided the world’s first, complete end-to-end m-payment and mobi-ticket delivery service to Scotland Rugby fans. [Read More]
Vodafone and Afghan operator Roshan have launched Afghanistan’s first mobile money transfer system (MMT). The service, branded M-Paisa, is a mobile technology platform that provides financial services for those without access to banking and aims to facilitate economic activity in the region. [Read More]
McAfee has released findings from new research that reveals that almost three out of four mobile consumers (72%) are concerned about the security of todays and tomorrow’s mobile services, such as mobile multimedia downloads, m-payments and m-ticketing. [Read More]
Pizza Hut launches m-commerce and advertising campaign with MyClick Media Limited. [Read More]
A second Polish MNO, Play, and mPay have announced an agreement to jointly implement an m-payment service (MPW 106). [Read More]
UK mobile banking outfit Monitise has launched MoniHome, an international remittance service that enables customers to use their handsets to initiate, manage and track payments around the world. [Read More]
A new report by Juniper Research finds that the rush by banks and mobile operators to deliver financial services to the mobile phone will result in just over 612m mobile phone users generating over $587bn worth of financial transactions by 2011. [Read More]
Paybox and ViVOtech partner for NFC-enabled remote and proximity payments. [Read More]
McAfee has released findings from new research that reveals that almost three out of four mobile consumers (72%) are concerned about the security of todays and tomorrow’s mobile services, such as mobile multimedia downloads, m-payments and m-ticketing. [Read More]
Telrock and TSYS say they are jointly developing a suite of integrated mobile solutions for TSYS’ North American clients. Telrock has been providing mobile solutions for TSYS’ European card processing clients for more than one year. [Read More]
National Australia Bank customers will soon be able to bank wherever they are and when ever they want, by sending an SMS from their mobile phone. [Read More]
Cornèr Bank and Visa Europe say the first Visa payWave card in Switzerland will be available to customers from Q1 2008. [Read More]
Vodafone and Afghan operator Roshan have launched Afghanistan’s first mobile money transfer system (MMT). The service, branded M-Paisa, is a mobile technology platform that provides financial services for those without access to banking and aims to facilitate economic activity in the region. [Read More]
Safer electronic financial transactions with new ISO standard for mobile biometric authentication [Read More]
Though some eurozone countries have effectively completed their EMV migration, notably France, Ireland and Luxembourg, some have yet to make a serious start. [Read More]
ICICI Bank, India’s second largest bank has launched ‘iMobile’, an m-banking platform on mobile phones. iMobile allows practically all internet banking transactions to be done via a mobile. [Read More]
Ingenico consolidates its leading position in Africa with a major contract to deliver an end-to-end solution to NSL (Nigeria's National Sports Lottery) [Read More]
Verifone announced the MX800 Series Price Checker, a multi-functional customer interaction station that can deliver dazzling multimedia promotions, double as a gift card registry or loyalty program enrollment kiosk, or enable a variety of other customer-facing applications. [Read More]
Everyday financial services are out of reach for more than 2bn people in developing countries. But the rapid growth of branchless banking including m-banking is reducing the cost and expanding the availability of such services. [Read More]
U.S. Bank, MasterCard Worldwide and Nokia have introduced an m-payments pilot in Washington. Participants received a new Nokia mobile phone equipped with PayPass payment functionality, which allows them to pay for purchases with a tap of their mobile phone. [Read More]
For the first time ever Retail Solutions is being held at ExCeL London in conjunction with a three day Retail Week conference. [Read More]
Beginning in quarter 4 of 2007 the Nokia 6131i NFC phone was officially put on sale in the cities of Beijing, Xiamen and Guangzhou in China. [Read More]
MasterCard Worldwide, in collaboration with Golomt Bank of Mongolia, has launched the first contactless payment card in the country - the MasterCard PayPass Petrovis Petrol Credit Card – writes Sourav Dutta. [Read More]
First Hawaiian Bank has begun issuing contactless debit cards provided by Giesecke & Devrient (G&D). [Read More]
Retailer Marks & Sepncer plc., found in breach of the UK Data Protection rules after a laptop PC was stolen from a contractor's house. [Read More]
Sybase 365 says it has partnered with C-SAM to extend its m-banking platform - Sybase mBanking 365 - to include a downloadable Java and NFC compatible client. [Read More]
PayMate has launched a new mobile gift voucher, ‘Gift Mate’. With Gift Mate, the user can shop from over 3000 online merchants that PayMate has partnered with. [Read More]
Smartex is delighted to announce a cooperation agreement with the Paris-based ContactLess Users' Board [Read More]
IFSEC 2008 at the NEC Birmingham 12-15th May 2008 [Read More]
On 8th February 2008, Ingenico announced that it has sent a letter to the Board of Directors of Hypercom Corporation [Read More]
Retailers that have been slow off the mark to become compliant with the Payment Card Industry Data Security Standard are now feeling the pressure. [Read More]
ViVOtech and Direct Source, US retail integration, deployment and services provider, have partnered to help tier one retailers meet the demand for contactless payment systems, through easy legacy POS upgrades. [Read More]
Turkcell and Garanti Bank have selected E-Kart as their technology partner for a trial beginning in autumn 2007 for m-payments using Near Field Communication (NFC) technology. [Read More]
Increasing numbers of cash consumers in the UK are using Ukash when they shop, pay and play online and now, the company says, they’re going to benefit from getting Ukash direct to their mobile. [Read More]
U.S. Bank, MasterCard Worldwide and Nokia have introduced an m-payments pilot in Washington. Participants received a new Nokia mobile phone equipped with PayPass payment functionality, which allows them to pay for purchases with a tap of their mobile phone. [Read More]
More than 419m NFC chipsets will ship in 2012, according to a new research study from ABI Research. “NFC chipset shipments and revenue will continue to grow steadily over the next five years, as the market adapts to this new technology,” states senior analyst Douglas McEuen. [Read More]
INSIDE Contactless has announced a new round of investment led by Nokia Growth Partners, the global private equity and venture capital management arm of Nokia. [Read More]
31 January 2008:  RETAIL BUSINESS SHOW 2008
Olympia London 5-6th February 2008 [Read More]
November has been a big month for mobile payments in Europe with announcements from Royal Bank of Scotland about mobile debit payments using MasterCard PayPass, from DnB Nor about trialing mobile contactless payments in Norway from 2008 and from Barclaycard with O2 and TfL. [Read More]
Ericsson has announced that it is to provide its global ‘Internet Payment eXchange’ (IPX) payment and messaging service to eight network operators across India. With this service, Ericsson will enable Indian and international content providers to reach approximately 202m subscribers in India. [Read More]
Way Systems has raised $22m in series C financing from a syndicate of investors led by Austin Ventures with participation from Bessemer Venture Partners, GIV Venture Partners and VISA Inc. Funds will be used to support WAY’s continued growth. [Read More]
Metric Parking, part of the Hoeft & Wessel Group, has announced ‘brisk demand’ for its new Aura parking vending machine which will be launched in the US next year. [Read More]
MasterCard Worldwide has announced the launch of Australia’s first trial of PayPass on a mobile phone at this year’s MasterCard Masters golf tournament. [Read More]
Visa Europe says it is working with Monitise to launch a mobile prepaid shopping voucher service. [Read More]
The end of 2007 witnesses a new mileage of RFID development in China. On December 19, Beijing Capital Airport officially launched the implementation of RFID luggage processing system in the Terminal 3 with a total investment of €170m. [Read More]
US consumers are keen to use their mobile for making in-store payments, but the majority only wants to have one credit/debit account for making those purchases, according to a new survey of US consumer attitudes. [Read More]
Mobile advertising was one of the most consistently featured topics in the media this year and looks set to stay top of the agenda well into 2008. Mike Beech, VP management for intelligent charging at Acision, looks at how its future success lies in the hands of the payments industry. [Read More]
Figures released by industry analysts Informa Telecoms & Media reveal that worldwide mobile subscriptions will hit 3.3bn - equivalent to 50% of the global population - today, just over 26 years since the first mobile network was launched. [Read More]
PayPal is set to open Australian m-commerce with the launch of the PayPal Mobile Checkout. The service offers consumers the opportunity to make instant and secure payments to businesses through a mobile phone. Using the service, customers can access sites designed for mobile devices on their mobile and purchase products and services using their PayPal account. [Read More]
The Card Scandinavia has signed an agreement with MobiClear regarding two new security solutions that will lead to a substantial improvement of the security level for TheCard’s business and corporate customers. [Read More]