Tag: IMS Research

Access control industry can benefit from NFC technology

Stephen Vagus
NFC Technology - card reader

Report highlights potential of NFC in access control industry The beleaguered access control industry may see a revival through the introduction of NFC technology and smart cards. A new report from IMS Research, a leading market research firm in the electronics industry, suggests that the $400 million industry could see a serious revolution through the adoption of NFC smart cards. NFC technology has already shown its proficiency in its ability to facilitate data transfer, thus showing value for the access control industry. Smart cards may be becoming smarter NFC-enabled smart cards…

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Taiwan to work to establish mobile commerce foundation next year

Jorge Gonzalez
Taiwan Mobile wallet commerce

Mobile commerce is expected to take off in Taiwan next year as more telecommunications companies begin to adopt NFC technology. Far EasTone, one of the largest telecommunications companies in the country, has announced that it will be working with the other four telecom companies in Taiwan to build a foundation for mobile commerce. Together, the companies expect that the number of NFC-enabled smart phones in the country will surpass 100,000, which means that mobile commerce market will be ripe with potential. The new telecommunications coalition has met with the Bankers…

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