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Is NFC necessary for secure mobile payments?

04/17/2012 Julie Campbell

Or will other technology swoop in on the mobile payments market… When the topic is mobile payments, Google is quick to come to the forefront of a discussion, but as that company’s Google Wallet has been slower to catch on than some had predicted, and it is based on NFC technology, which isn’t yet available in the majority of smartphones, many are wondering whether near field communications technology is truly necessary for secure contactless payments to catch on. Many sources are starting to suggest that it could be five years,…

LG upgrades smart phone with NFC capabilities, gives consumers the ability to make their own tags

02/21/2012 Stephen Vagus

Famed telecommunications and mobile technology company LG has upgraded their LG Optimus LTE Android smart phones to be fully capable of interfacing with NFC technology. The move comes as NFC grows in popularity amongst consumers. Telecommunications companies have to respond the rising demand for the technology or risk being left behind by competitors. As such, LG’s latest upgrade to their mobile platform will enable consumers to make use of NFC technology in a way that other companies do not support. The Optimus LTE will be able to recognize NFC tags…

NFC-enabled application from VTT Technical Research Center could be useful for visually impaired consumers

02/19/201202/18/2012 Jorge Gonzalez

As mobile technology become more popular around the world, those with special needs may be missing out. The VTT Technical Research Center in Finland has been working on a series of NFC application that are geared to serve the visually impaired. Researchers believe that the technology can help those with troubled vision to better function in the world and enable them to experience the same features many consumers are coming to adore. The application aims to expand upon the simple concept of linking a physical product to the digital world.…

Sequent Software develops new technology that will let almost everyone adopt mobile commerce

01/27/201201/27/2012 Jesse Collins

Telecommunications and technology companies, along with financial institutions, have been locked in a battle to establish dominance in the budding mobile commerce industry. The industry relies heavily on NFC technology, which allows consumers to make purchase from their mobile devices. Consumers have responded well, thus far, to the prospect of their mobile devices becoming a payment platform, but there is a problem keeping mobile commerce from mass adoption. The problem is that NFC technology is available only to a precious few smart phones – those equipped with microchips that allow…

How Apple may give NFC the boost it needs in 2012

12/04/201112/04/2011 John Montgallo

NFC Technology Mobile Payments Infrastructure

Although there is a tremendous amount of talk about smartphones that are enabled with near field communication (NFC), the actual market for the technology remains quite small. However, this is expected to change in 2012, if iPhone and Windows Phone 7 devices by Apple and Microsoft are released equipped with NFC technology. Some experts, such as those at Digitimes – which is predicting that those two manufacturers will be joining with Android, Blackberry, Symbian, and Bada in the NFC environment – have announced that after discussing the topic with smartphone…