US mobile commerce news Archives

ViVOtech wins $24 million in funding, seeks to expand NFC use outside the U.S.

06/28/201107/07/2011 Stephen Vagus

ViVOtech, a provider of NFC-enabled hardware and software, has just finished their latest round of funding and have raised more than $24 million. The money comes from a wave of investors eager to support the growing NFC industry. Indeed, the technology is gaining momentum and more companies around the world are looking to incorporate NFC in their operations. The surge of money will help the company expand its ventures outside of the U.S. and further proliferate the use of NFC technology. Google is one of the primary backers of ViVOtech,…

U.K. wireless providers work together to accelerate mobile payments

06/23/2011 John Montgallo

Three of the leading U.K. wireless operators are partnering in an effort to hasten the use of mobile payments which will permit consumers to use their mobile phones and other devices to pay for purchases. The joint venture is among Vodafone, Orange and T-Mobile, and Telefonica’s O2. They will be working together to develop a system of mobile commerce that should bring banks, retailers, and advertisers together. There have been discussions over the last few years about near field communications (NFC) which would provide consumers with a secure method of…