American Express group president Dan Schulman says that wide spread adoption of NFC technology is four to six years out. Schilman cites one key but sometimes overlooked issue: its not a value proposition change, its a form factor change.
Continue readingSquare scores Google Wallet co-founder
The exodus continue from Google Wallet with Square adding Rob von Behren to an unnamed position. With the recent moves from other key Google Wallet leaders, Jonathan Wall and Marc Freed-Finnegan, one has to wonder what is going on at Google to make key people leave.
Continue readingBroadcom 40NM NFC CMOS chip: for payments and beyond
Broadcom is gearing up for the P&T/Expo Comm in China this week with the announcement of its new 40NM NFC chip. Broadcom will be demoing the new chip set at the conference and has high hopes that it will provide a solid product to capture the rapidly growing demand for mobile communications options.
Continue readingFacebook f8 and NFC
GigaOm is reporting that NFC integration will be announced at F8 today. Watching now… False Alarm.
Continue readingGoogle Wallet and the future of money
Its been a big couple of weeks for the future of money game. Both Paypal and Mastercard announced their new initiatives and now Google rolls out the Wallet. Clearly 2011 is not the year of the mobile wallet!
Continue readingNinja Fruit encorporates NFC
Following the launch of Angry Birds with Nokia of a NFC-based version with special unlockable content, Ninja Fruit announcements its version of an NFC enabled game. This continue the trend of looking beyond pure mobile transactions as the primary use of NFC technology.
Continue readingMobile payments: the big picture
Gigaom Pro has a comprehensive look at the mobile payments landscape and draws some conclusions for consumer adoption over the next 5 years. The bottom line is that consumer’s switching to mobile wallets will only come if there are additional benefits like deals and offers and provide greater convenience than simply using credit cards.
Continue readingVISA to accelerate NFC migration
VISA announced today that it will accelerate its migration to EMV contact and contactless chip technology in the United States. The move continues VISA’s preparation for the coming wave of NFC enabled mobile transactions it first announced in May.
Continue readingPaypal, Verizon, Isis and the promise of NFC
Yesterday Paypal announced NFC integration for its shop and pay mobile transaction service. Paypal has made a number of moves and acquisitions lately so its not a big surprise. On the other hand Verizon is touting NFC for more than payment systems, which for the time being is probably going to be a hotter and more consumer ready use of the technology.
Continue readingNexus S Enables the NFC Secure Element
Sprint watcher Sprintfeed has dug up an announcement flyer for a July 11th update for the Nexus S that includes enabling the secure features of the existing NFC capabilities on the phone. The new capabilities brings the world one step closer to the Google Wallet.
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