France-based Oberthur Technologies announced today it has won a contract to supply trusted service management to French bank Société Générale, for the bank’s eventual roll out of NFC payment.
LG Electronics today announced a new NFC-enabled Android smartphone, the Optimus LTE Tag, targeted at the South Korean market, which will enable users to change the phone’s settings with a tap of the handset on NFC tags.
Google Wallet chief Osama Bedier late Tuesday said the Web giant had restored the ability to issue new prepaid cards to the wallet after implementing a fix.
Three Taiwanese banks are seeking to enable their customers to tap their mobile phones to make purchases with MasterCard PayPass using microSD cards in a full Android NFC phone from HTC, as well as an iPhone attachment with an embedded chip, as part of separate NFC mobile-payment projects.
Germany-based Giesecke & Devrient has announced it has won a contract to serve as trusted service manager for Australia’s Commonwealth Bank for the bank’s contactless-mobile payment rollout.
NXP Semiconductors CEO Rick Clemmer said the chip maker has notched design wins for more than 130 handsets and tablets, giving it an “Intel-like” market share for the number of devices being designed with NFC chips.
France-based NFC chip supplier Inside Secure has relaunched its initial public offering, planning to raise up the €79 million (US$103.4 million), as it seeks to stay competitive in an increasingly crowded NFC market.
Inside Secure today announced it has shipped 20 million NFC chips the past 12 months and said its chips will be used by a leading phone maker on a major mobile platform–as it seeks to build interest in its renewed IPO.
Reports are citing comments from Microsoft vice president and Windows Phone manager Joe Belfiore as emphasizing an NFC-based “wallet experience” for the software giant’s planned Windows Phone 8 platform.
2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived–with Google Wallet rolling out widely, mobile operators in the U.S. and Europe making significant inroads with their own mobile wallets and big Asian m-commerce players generally commercializing NFC, as well.
The Isis joint venture expects to have about three payment issuers when it launches NFC service in two U.S. cities next year, with JPMorgan Chase and Capital One among the likely banks, NFC Times has learned.
Though one of the largest card issuers in the United States, Capital One has for the most part been quiet when it comes to contactless payment and NFC.
