A new report from GBI Research, a strategic intelligence and analysis firm covering a multitude of industries around the world, suggests that mobile commerce may be held back by the availability of NFC-enabled smart phones and other mobile devices. The report, titled Near Field Communication Market to 2016 – Increased Availability of NFC Embedded Handsets Key for Higher Market Penetration, covers a variety of topics concerning the progress of the mobile commerce industry and how telecommunications companies are affecting it. Notably, the report compares the various international standards governing the…
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Cryptomathic creates mobile wallet application that uses cloud computing as a security measure
In the world of mobile commerce, security is a serious issue. Many companies have begun investing and creating mobile applications that make mobile commerce possible. None, however, have been able to make an application that is adequately secure from hacking. Even acclaimed technology company Google has failed to provide a resilient service. Cryptomathic, an electronic security firm, now claims that is has created the first secure mobile wallet platform. The company recently released the application to consumers worldwide. The application, called Cloud Wallet, uses cloud computing as a way to…
Read MoreVisa announces payWave mobile payments provisioning service
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…
Read MoreISIS mobile payment joint venture introduces its first banking partners
The ISIS mobile payment joint venture, which was created by AT&T, Verizon, and T-Mobile, has just introduced its first banking partners, which include Capital One, Chase, and Barclaycard. These new banking partners will be adding their debit, credit, and pre-paid cards to the ISIS mobile wallet in time for its inaugural launch in the summer of 2012. These card issuing giants have more than 100 million American customers, providing ISIS with a strong foundation when it hast its first start in Salt Lake City, Utah, and Austin, Texas. The ISIS…
Read MoreVizibility opens its NFC program to technology developers attending this year’s SXSW conference in Texas
Vizibility Inc., an online identity management and professional services firm, has announced that it has opened up 1,000 spots for its previously private NFC beta program. The company has been experimenting with NFC technology for the past several years, hoping to develop a new platform for businesses and individuals to communicate more efficiently. The spots in the program are open only to those attending this year’s South by Southwest (SXSW) conference in Austin, Texas. Those participating in the program will be given one-year access to Vizibility’s NFC platform at no…
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