Is NFC necessary for secure mobile payments?

Mobile commerce and the future

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,…

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Visa announces payWave mobile payments provisioning service

Visa Mobile Payments News

Visa has unveiled a new level to their mobile payment system, payWave, which will provide an over-the-air smartphone provisioning service. The announcement was made in Barcelona at the Mobile World Congress, and according to the company, this new service is designed to make it simpler for banks, operators, and transit operators to connect a consumer’s smartphone with Visa payment accounts. Though consumers may not find this quite as thrilling as the release of apps for a mobile wallet, what Visa has now released what they feel is a primary element…

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Panasonic to launch a new flagship smart phone to embolden presence in European market

Panasonic Eluga

  Panasonic is taking a bold step toward establishing its presence in the European market by announcing its new flagship mobile device for the region. Called Eluga, the smart phone features a great deal of fancy technology and built-in applications. It is also waterproof up to a depth of six-to-eight feet. The phone will have a powerful processor capable of handling most of its processes with ease. Panasonic believes that the phone will do well because of these features, but claims that consumers will come to love the phone because…

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

Optimus LTE Tag

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…

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

NFC Technology

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.…

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