Everything Everywhere and Barclaycard today announced the first contactless mobile phone payment solution for UK consumers will launch by early summer. Barclaycard and Orange claim this will be the biggest revolution in payments since credit cards were introduced in the UK by Barclaycard over 40 years ago. Commenting on the announcement, Gerry McQuade, Chief Development Officer,… Read More
Proxama acquires Hypertag to become world’s leading proximity marketing specialist
Proxama, the leading developer of mobile contactless payments and near field communications (NFC) technology, has announced that it has acquired proximity marketing specialist Hypertag. Proxama will retain the Hypertag brand in the deal as well as incorporating members of the Hypertag senior management team and key staff into the new set-up. Neil Garner will hold… Read More
Gemalto selected by SOFTBANK MOBILE for new Japanese Mobile Contactless Payment Trial
Gemalto has been selected by SOFTBANK MOBILE for the latest mobile contactless payment trial in Japan. There have been many contactless payment trails but this one is a little different in that the program is the first in Asia to enable secure mobile Near Field Communication (NFC) transactions from a choice of different credit card… Read More
G&D Contactless Payment Card Shipments Top 50 Million Units in U.S.
Giesecke & Devrient (G&D) announces that shipments of its Convego Air® contactless payment cards in the U.S. have now surpassed the 50 million unit mark. Since the introduction of its contactless payment cards in 2006 and its subsequent growth, G&D has captured the leadership position in the U.S. among Visa and MasterCard branded contactless payment… Read More
European Specialists Team Up to Define Security Standards for Next-Generation Mobile Devices
Five partners from industry and academia have joined forces in a European research project, SEPIA (Secure Embedded Platform with advanced Process Isolation and Anonymity capabilities), to define security standards for next-generation mobile devices including high-end cell phones and tablet devices. As financial services, such as banking and payment, become increasingly accessed from mobile devices, it… Read More
Consumers See Mobile Payments as Reason to Stay with or Change Banks
Fifty-three percent of consumers interested in a payment service from their mobile phone would consider changing banks if another bank offered the service, according to a survey conducted by an independent research firm for Obopay, the pioneer in mobile payments. Nearly three-fourths (70%) of those responding indicated that if the service allowed them to get… Read More
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