Wednesday, March 21, 2012

NFC Payment News from March 20th, 2012

Google Wallet Logo
Google Wallet Logo (Photo credit: Wikipedia)


By:Dan Balaban

The departure of two key former Google Wallet staffers from the company to start their own mobile-commerce venture is throwing a spotlight on what have been internal disagreements at the Web giant over strategy for the NFC-based wallet.
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The Dubai-based bank has partnered with mobile network operator Etisalat, Visa and Gemalto to introduce NFC payments in the United Arab Emirates.
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FreedomPop, the startup backed by Skype co-founder Niklas Zennstrom that aims to provide mobile broadband on a “freemium” model, will launch a case for Apple’s (NASDAQ:AAPL) iPhone 4 and iPhone 4S that will allow customers to share a mobile WiMAX connection with up to eight...





Taiwan’s government plans to award 4G licenses by July 2014, the country’s Communications Minister has announced. Click here for more.







Vietnam’s government is reported to be planning a merger of the two state-owned mobile networks, Vinaphone and MobiFone. Click here for more.







An exec at the troubled USA based LightSquared has left the company to join the UK based O2 as the new head of its business development division. Click here for more.







A new imaging system could use opaque walls, doors or floors as ‘mirrors’ to gather information about scenes outside its line of sight Click here for more.







Within the last year, there has been a huge shift in mobile messaging markets. One of the biggest themes being discussed in the US$202 billion mobile messaging industry is this issue of ‘the end of SMS’ and the booming rise of Over-the-Top (OTT) messaging services Click here for more





Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that it …






Datacard Group, the world leader in secure ID and card personalization solutions, today announced that CardPro Solutions Pvt. Ltd.-a manufacturer, …






Moody’s Analytics, a leading independent provider of economic data and analysis, today announced the launch of Dismal Scientist® for iPad® mobile …






Clairmail, Inc., the leader in mobile customer interaction for banking and payment solutions, recently named Mitch Stein as Director of Innovation …






TransCard is pleased to announce the completion of contactless Near Field Communication (NFC) certification for MasterCard PayPass® contactless …






DataArt, a custom software development firm that builds advanced solutions for select industries, today announced completion of mobile banking apps …






India’s Supreme Court has rejected an appeal by the government to overturn its earlier ruling that Vodafone is not liable for tax on its 2007 purchase of Hutchison-Essar. Click here for more.







Bank of America Merrill Lynch, a recognized leader in global treasury and trade solutions, today announced the launch of Trade Pro®, an electronic …






Semafone today announced that it has appointed David Sear, divisional managing director of Travelex Global Business Payments and a former director of …






Options IT, provider of the Options PIPE Private Financial Cloud services platform for the exchange, banking, trading and investment communities, …






The Avaloq group, the reference for integrated and comprehensive banking solutions, today announces the appointment of Thomas Beck as new Head of …






The global service provider switching and routing (SPSR) market will hit revenues of US$20.5bn in 2017 from US$13.3bn in 2010, with a CAGR of 6.4 per cent over the period, predicts Ovum. Click here for more.







CashStar, the pioneer and market leader in eGifting, is expanding its operations and services to the United Kingdom.






Sterci, international leader in financial messaging, has announced today that SCOR Paris Hub will use beginning of April Sterci’s 3SKey solution to …






Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions and the largest provider of business-driven …






Bloomberg executives announced today that the Financial Industry Regulatory Authority (FINRA), the largest independent regulator for securities firms …






A survey of mobile app developers has found an accelerating interest in social mobile capabilities, and — notwithstanding Facebook’s 900 million users — developers view Google and its broad range of assets as key to implementing their social strategies in 2012. Click here for...





Verizon Communications (NYSE: VZ) CEO Lowell McAdam’s compensation tripled to $23.1 million since being promoted from COO last July.

McAdam
McAdam took over the CEO reins from Ivan Seidenberg who retired last year.
Ongoing growth in its wireless division and an increase in the share...





Mozilla stepped into the spotlight last month when it announced its first ecosystem partners for its HTML5-based mobile operating system, Boot to Gecko. But, there are still many unanswered questions, such as how apps in the Mozilla Marketplace will be discovered and how revenue will be split with...





While real build-out is restricted to 54 projects, mainly in the south and east, the potential is still great — and 60% of the total investment will benefit telecom firms, says Lux Research.
Click here for more.







India’s Bharat Telecom Ltd (BTL) is moving ahead with its $30 million Fiber to the Home (FTTH) network plan that will connect 50,000 homes and businesses in Mauritius.
In addition to delivering services directly to customers themselves, the Gigabit Ethernet Passive Optical Network...





Apple may have the hottest stock, the coolest tech and the biggest cash pile in history, but consumers would still be wary of switching their bank …






Apple (NASDAQ:AAPL) disclosed late Monday that it has sold more than three million units of its new iPad tablet since the device went on sale Friday morning, bearing out Apple CEO Tim Cook’s proclamation that the company had a “record” weekend for iPad sales.






Symantec is acquiring mobile application management platform Nukona, a move designed to offer cross-platform mobile security services to IT organizations. Financial terms were not disclosed. Earlier this month, Symantec purchased mobile device management firm Odyssey Software, stating it will help...





Halfbrick Studios, the game developer behind the mobile smash Fruit Ninja, is acquiring Onan Games, which created the Mandreel software porting technology. Financial terms were not disclosed.
Mandreel enables developers to support iOS, Android, HTML5 and Flash development from a single C++ code...





mHealth continues to see substantial growth, and is expected to continue expansion as business models and significant value offerings continue to evolve in tandem with the fast paced world of mobile technologies. Click here for more.







Business intelligence (BI) and analytics software will remain front and centre for IT and business agendas in 2012, according to Ovum. Click here for more.







Advertising on mobile devices in the UK rocketed by 157% in 2011, to a new high of andpound;203.2 million, according to the annual IAB and PwC mobile advertising spend study. Click here for more.







Sprint Nextel’s (NYSE:S) stock slipped 4.5 percent Monday after a financial analyst said the carrier faces an increasing risk of bankruptcy amid large debt commitments, its multibillion-dollar network upgrade and costs associated with selling Apple’s (NASDAQ:AAPL) iPhone. However, other...





Escher Group, a provider of transaction processing solutions for the postal industry, has formed a new NFC division. Escher Interactive Services will focus on offering managed services, identity management and NFC applications for retailers and…





Verizon Wireless (NYSE:VZ) is reducing the price of its Family Locator application to a flat $9.99 per month for all subscribers on a Family SharePlan. Verizon previously charged $9.99 per month for each member on the account.

Family Locator offers parents real-time information on their...





The U.S. wireless market generated $67 billion in mobile data revenues in 2011, a number expected to increase to $80 billion in 2012, according to a new report published by Chetan Sharma Consulting.
The U.S. mobile data market grew 19 percent in 2011 compared to the previous year. Although the U.S....





The U.S. wireless market generated $67 billion in mobile data revenues in 2011, a number expected to increase to $80 billion in 2012, according to a new report published by Chetan Sharma Consulting.
The U.S. mobile data market grew 19 percent in 2011 compared to the previous year. Although the U.S....





Overture is making an official move to expand its presence in the lucrative Canadian telecom market by appointing Fraser Moffatt as its new regional vice president of sales, Canada.
Moffatt, a 20-year telecom veteran based in Vancouver, British Columbia, is no stranger to this market, having...






Company leads discussions on infotainment delivered to vehicles

UIEvolution has been a leader in the mobile and telematics industry for many years, and we are looking forward to sharing in the discussions among senior level executives in this industry.
Kirkland, Wash (PRWEB)






In a technology driven world of opportunity for up and coming businesses, the demand for unique, flexible payment solutions has become a near necessity for any mobile merchant wanting to take credit and debit card payments from customers anytime, anywhere. In a world of fierce competition,...





Diasoft, a global provider of cutting-edge core banking solutions, has successfully completed the implementation of FLEXTERA Money Transfers in …






In the U.S. broadband race, cable operators have the upper hand over traditional telcos, according to Leichtman Research Group’s latest report.
As the two largest U.S. telcos, namely AT&T (NYSE: T) and Verizon (NYSE: VZ) begin to wind down their respective U-verse and FiOS rollouts, cable...





Mobile gaming revenues derived from tablets will reach $3.1 billion in 2014, up from $491 million in 2011, according to a new forecast by Juniper Research.

Click here to zoom in on this chart.
Crediting the larger screen size and superior graphics capabilities of the tablet format for...






Smart Posters Ltd has launched a new range of smart stickers doubling the company’s range of NFC products. The launch took place at the Retail Business Technology Expo at London’s Earls Court. The smart stickers are manufactured by Signbox Ltd and offer exciting new promity...





Vendor-agnostic session border controllers (SBCs) will continue to play a key role as more and more businesses adopt SIP trunking for their voice and unified communications (UC) needs, Acme Packet executives and industry analysts said during a recent summit held at the Harvard University Faculty...





GuestLogix has launched Global Payment Services, a payments processing platform for airlines that supports NFC as well as cash and credit card transactions, debit cards, loyalty cards, coupons, pre-payments and micropayments. The service is compatible…
Read the rest of GuestLogix takes NFC on...





Crooks have figured out a way to illegally obtain SIM cards, causing a headache for the contactless payments market.






Transaction Network Services said Monday that it is launching a mobile payment gateway service for its customers.











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...





MoneyGram International (NYSE: MGI), a leading global money transfer company, and Fiserv, Inc., a leading global provider of financial services …






Delta One Data, the market leader in global Index and ETF data, today announces the hire of Cory MacLaren as Global Operations Director.






AmerBrokers, a Polish financial institution regulated by Komisja Nadzoru Finansowago (KNF) and a member of the Warsaw Stock Exchange (WSE), has …






As Asian companies cut back on the number of banks they use for domestic cash management services, it is often foreign banks and global competitors …






Seth Merrin, founder and CEO of Liquidnet, the global institutional trading network, advised exchange leaders to look for new alternatives over …






ACI Worldwide (Nasdaq:ACIW), a leading international provider of payments systems, today announced the availability of the latest version of …






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...





CardinalCommerce, the world leader in enabling remote commerce (internet, mobile, etc.), today announced that it has secured additional intellectual …






Volante Technologies, provider of integration technology for business information agility, today announced its release of the latest SWIFT Standards …






Large companies and their corporate payments systems remain the prime targets for fraudsters, according to the 2012 AFP Payments Fraud and Control …






BuzzBanking, developer of the financial services platform that combines social media banking with a rewards program, today announced that Dan Mica …






FutureAdvisor, a company who believes financial advice should be accessible to everyone, not just the wealthy, today launched the company and its …






Pricing Partners, the world leader in OTC derivatives pricing analytics, mathematical models and independent valuation, announced today that Hana …






The implementation project was started in March of 2011 when Scila Surveillance was selected as the preferred solution following a competitive bid …






London Stock Exchange Group plc (“LSEG” or “the Group”) today announces that J.P. Morgan is now live on its UnaVista Swaps Portal in Europe.






Sharp Japan has launched a 10.1″ Android NFC tablet, expanding on the 7-inch tablet with NFC capabilities it unveiled last year. The RW-T110 is aimed at the enterprise market and features a nine hour battery…

...





Shunned by telcos and banks alike, Google’s effort to break into the mobile payments market is suffering further strife with the departure of its …






Kenya’s telecoms regulator, the CCK has dismissed calls for surrender of broadcasting spectrum in the 700MHz band for use in deployment of LTE services as ill-timed and impracticable. Click here for more.







Israeli mobile network operator Cellcom is set to launch an NFC payments service in collaboration with Israel Credit Cards Ltd (ICC-Cal) in the next few weeks, sources have told business publication Globes. The companies have already reached an…
Read the rest of Cellcom and ICC-Cal to...





Saudi Arabia’s Saudi Telecom Company (STC) has awarded a network upgrade contract to Nokia Siemens Networks. Click here for more.







According to Frost and Sullivan M2M non connectivity revenue to total M2M revenue in Europe amounted to 3 percent in 2010 and 4.2 percent in 2011. Click here for more.







Orange Uganda has sold its passive network infrastructure and assets to Eaton Towers under a sale and lease-back agreement. Click here for more.







The new iPad, equipped with 32GB of NAND flash memory and LTE wireless capability, carries a bill of materials (BOM) of $364.35. When the $10.75 manufacturing costs are added in, the cost to produce the new iPad rises to $375.10. Click here for more.







Qatar’s telecoms regulator, ictQATAR has issued its first comprehensive Radio Spectrum Policy, which aims to balance the allocation of spectrum between the public and private sectors, and includes radio spectrum allocation and national frequency allocation. Click here for more.







The introduction of open loop “tap and go” payments could cut commuting time by nearly an hour a week, a survey conducted for MasterCard has found, and 47% of commuters would be willing to use their mobile phone to make transit payments.





Deutsche Börse is to sue the European Commission over its decision to block a proposed $9 billion merger with Nyse Euronext.






Nokia and Microsoft’s push behind Windows Phone 7 (WP7) has started to pay dividends as sales edge ahead of Symbian in Great Britain in latest data from Kantar Worldpanel ComTech. Click here for more.







International yoghurt retailer Pinkberry has added support for Google Wallet payments and offers at 69 of its US outlets. The Google Wallet functionality has been integrated into Pinkberry’s POS system by hospitality systems specialist Micros. This article was…
Read the rest of





VeriFone Systems, Inc. (NYSE: PAY), today announced that U.S. transaction volume through its PAYware Connect gateway has achieved an annual rate …






Exegy Incorporated, the market data appliance company, MarketPrizm, a leading provider of ultra low latency market data and trading infrastructure …






Payfirma, the leader of mobile point of sale apps for businesses in Canada, is proud to announce the release of its Android Mobile Payment App.






IBM (NYSE: IBM) today announced new consulting services and software that take the power of predictive analytics to new levels of impact for the …






Callataÿ & Wouters, a global leader in core banking software and services, is proud to announce its second project in Poland in less than half a year.






BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, announces that Bank of Baku has …






The GSMA and the Wireless Broadband Alliance (WBA) today announced they are working together to simplify connectivity to Wi-Fi hotspots from mobile devices by developing technical and commercial frameworks for Wi-Fi roaming. Click here for more.







Equipos, the leading provider of client communications and reporting solutions for buy-side investment firms, has entered into partnership with HCL …






The clearing arm of SIX Securities Services, SIX x-clear Ltd, today announced that its fully interoperable clearing and risk management services are …






When it comes to mobile advertising, the goal for most brands and retailers is to drive possible sales and leads. Therefore, including a click-to-call feature is a natural way for companies to create a one-on-one relationship with consumers.






A new report from Juniper Research finds that the rapidly increasing tablet user base and the unique form factor of this device will push total end-user games revenues on tablets to $3.1 billion by 2014, up from $491 million in 2011. Click here for more.








A few retailers are readying mobile payments for their store credit cards
While Google, ISIS and credit card networks have been a big focus of early mobile payments discussions, retailers are taking steps to ensure their critical relationships with customers are not marginalized as the race toward...





Apple has announced it has sold three million of its new iPad, since its launch last Friday. Click here for more.







ZTE today released the world’s first 3.5GHz high-power TD-LTE distributed base station. Click here for more.

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