Company aims to provide hands-on experience with NFC technology Gemalto, a leading provider of digital security services, has announced that it will be participating in the University of Texas’ 1 Semester Startup (1SS) program this year. The program aims to give students practical experience with creating their own startup company, pitting teams of students against one another to receive top honors. Ten teams are accepted into the program each semester and Gemalto believes that the latest inductees need to get hands-on experience with something that is beginning to have a…
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European Commission to determine whether mobile commerce project from the UK can proceed
Regulators with the European Commission, the legislative arm of the European Union, are determining whether to grant approval for a mobile commerce project from the United Kingdom. The project has been dubbed “Project Oscar” and is a joint venture amongst three of the UK’s largest telecommunications companies: Everything Everywhere, O2, and Vodafone U.K. The project seeks to promote mobile commerce through the spreading of NFC technology and mobile devices. The companies also want to build a system that would store the financial information of consumers so that this information is…
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