Report claims mobile commerce industry tied to the availability of NFC-enabled mobile devices

Mobile Payments

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

nfc technology Mobile Security

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…

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Apple wins patent for iWallet, could become the leader of the mobile commerce industry

iwallet

Surprising news from Apple has sent waves through the mobile commerce community. Apple has been the subject of speculation recently for their possible inclusion of NFC technology in their next iPhone and iPad mobile devices. This speculation is largely fueled by patents that had been introduced years ago. The company will be getting a lot of attention this week, however, because one of these patents has been awarded to the company, opening the way for its entry into the mobile commerce industry. This week, Apple was awarded approval for their…

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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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Vizibility opens its NFC program to technology developers attending this year’s SXSW conference in Texas

NFC Technology

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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