First Data Enables Google Wallet Purchases at Cantaloupe Systems Vending Machines

PRESS RELEASE

Dec. 1, 2011, 2:19 p.m. EST

Giving Consumers Option to Pay for Snacks With a Single Tap of Their Phone

SAN FRANCISCO, CA and ATLANTA, GA, Dec 01, 2011 (MARKETWIRE via COMTEX) -- Cantaloupe Systems, the leading vending optimization platform provider, is joining with First Data Corporation, a global leader in electronic commerce and payment processing, to implement near-field communication (NFC) reader technology in thousands of United States vending machines. Using Google Wallet, a mobile payment application that uses NFC technology, customers will be able to make purchases by tapping their phones at vending machines installed with the Cantaloupe Systems.

Google Wallet is compatible with the MasterCard PayPass(R) contactless system, already available in thousands of retail stores, and will expand to accommodate other NFC payment systems as they come to market.

"Our goal as a company is to bring leading-edge retail technology to the vending industry, and you can't get more leading-edge than Google Wallet, which will allow consumers to buy everything from electronics to snacks using their smartphones," said Anant Agrawal, co-founder and CMO of Cantaloupe Systems. "We're here to help our customers deliver wider choice and better service to their customers. Adding this cashless mobile payment option -- and its potential extensions into improved merchandising -- is a great step toward accomplishing that."

The NFC-enabled vending machines are owned and operated by Cantaloupe Systems customers, including CC Vending, which serves the tri-state area surrounding New York City; Black Tie Services and Midlantic Vending, which serve the Washington, D.C., metropolitan area; and Mark Vend, which serves the Chicago metropolitan area. In addition to the NFC enablement, all these machines are equipped with Cantaloupe Systems' Seed technology, which monitors, reports, and analyzes real-time sales data over the Web.

"The applications for NFC payments are vast and by expanding the user experience to the vending market, we are providing customers with a fun and engaging way to purchase goods at vending machines and even get offers and coupons," said Dom Morea, SVP and division manager, Advanced Solutions and Innovation, First Data. "This partnership is another step in the payments evolution that First Data is driving across our solutions integrating mobile payments into consumers' everyday lives; making payments interactive, fast and convenient."

"The merchandising value here goes beyond customer convenience to building customer loyalty and frequency of purchase in the mobile age," said Mike Cascione, President of CC Vending. "With mobile payment solutions like Google Wallet augmenting the customer information we're already receiving from Cantaloupe Systems' wireless Seed technology, we'll be able to offer custom-tailored promotions keyed to individual product preferences."

About First Data Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.

About Cantaloupe Systems San Francisco-based Cantaloupe Systems, Inc. is the fastest-growing wireless-enabled vending optimization platform provider. The company was founded in 2002 by engineers Mandeep Arora, a second-generation vending professional, and Anant Agrawal to provide automated merchandising and business intelligence technology to the $55 billion global vending industry. The Cantaloupe Retail Optimization Platform (CROP) applies state of the art business intelligence and analytics to remotely-monitored real-time vending sales data to suggest optimized next-best-step business decisions. The result: vending operators can generate the greatest revenue and margin from each machine with optimized service efficiencies and reduced operational cost. Operators using CROP average $35,000 in annual savings per route, can replenish 80 percent more machines per week and can reduce their carbon footprint by 40 percent through the elimination of unnecessary truck travel and smaller loads per truck.

Cantaloupe Systems is backed by Global Environment Fund of Chevy Chase, MD., and Foundation Capital of Menlo Park, CA. For more information, please visit http://www.cantaloupesystems.com .

MasterCard, mFoundry let banks create their own NFC mobile wallet – GigaOm

MasterCard and mFoundry, a mobile banking specialist, are poised to help banks launch potentially hundreds of NFC-based mobile wallets with a new partnership. The collaboration will allow banks that use mFoundry for their mobile banking apps to add support for contactless NFC MasterCard PayPass payments, turning those mobile banking apps into digital wallet payment tools.

MFoundry counts more than 500 banks, credit unions and other financial institutions as customers including two of the biggest banks, Bank of America and PNC. More than seven million users turn to apps and services built by mFoundry. Next year, these customers will be able to make touch-and-go payments at thousands of point-of-sale terminals with their mobile phones through the app they use regularly to check their bank statements, pay bills and transfer funds. MFoundry said it will update its mobile apps most likely in the first half of 2012 to include NFC support. It will then be up to banks to turn on the capability with MasterCard. Users will be able to connect their bank-issued debit and credit cards for NFC phone payments.

The two companies are also working on a mobile application that allows mobile phone operators to offer PayPass payments from their phones. MasterCard isn’t just striking a deal with mFoundry, it’s also becoming an investor in the start-up’s latest round. Larkspur, CA-based mFoundry is set to announce its latest round on Monday.

This collaboration is important because consumers have a trusted relationship with their banks. While Google and the carriers through the Isis joint venture are trying to become a trusted wallet provider with their NFC-based systems, they still don’t have the kind of financial trust that consumers place in their banks. So banks could be instrumental in helping NFC along by introducing the technology to their customers through their existing banking apps.

For NFC to work, “you have to get consumers to change their behavior and we think banks are in a great position to do that,” said James Anderson, SVP of Mobile for MasterCard.

This will also bring the banks into the NFC mobile wallet market, where they have not been very prominent so far. Citibank is an early partner in Google Wallet while Isis, the carrier-led joint venture has not announced banking partners, though it hopes to have a few on-board when it launches next year. But for the most part, the banks have been largely silent. That might due to the fact that they’re not comfortable with the terms of the Google Wallet and Isis. Now, they’re in a position to leverage NFC themselves without having to work with another provider.

Drew Sievers, CEO of mFoundry said it’s not just big banks that can jump on board. The integration with MasterCard means a lot of smaller financial institutions will be able to extend support for NFC payments through their mobile banking apps. And he said this could be a catalyst for growth for mFoundry, helping it attract even more banking customers.

“By working with MasterCard, mFoundry will be able to evolve and expand its financial services platforms to reach more consumers through new and existing clients,” said Sievers.

It’s still unclear if all these banking apps will get direct access to the NFC secure element to enable payments. There seems to some wrangling going on as the carriers in Isis, AT&T, Verizon and T-Mobile, arenot rushing to enable other wallets like Google Wallet to work on their NFC-enabled phones. It doesn’t appear that the Galaxy Nexus, Google’s flagship Android 4.0 phone, will support Google Wallet even though it has an NFC chip. That may come down to the fact that, unlike Sprint  Verizon is not a Google Wallet partner. But Sievers believes that phones will eventually be wallet agnostic and that will allow banking apps with NFC support to flourish.

I think this could add some confusion in the short term as we hear a lot of competing voices urging users to get on board with their NFC wallet. In fact, the term mobile wallet is going to get abused early and often, I imagine. But ultimately, this could be a good thing. New technology needs advocates to help sell it to consumers and in the case of NFC, which can trigger some security concerns in consumers, having the banks walk customers through the process would be a good thing. Provided these banking apps can actually leverage existing NFC chips properly without interference, it will be another way to get NFC adopted.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

• The future of mobile: a segment analysis by GigaOM Pro
• NFC will be driven by marketing and loyalty, not payments
• Mobile payments: forecasts, technologies and opportunities

CorFire and INSIDE Secure Team to Accelerate Rollout of NFC Applications

December 01, 2011 09:00 AM Eastern Time 

Companies Collaborating on Several Initiatives including Interoperability between NFC Secure Element and Trusted Service Manager

WIMA NFC USA 2011

SAN FRANCISCO--(BUSINESS WIRE)--CorFire™, the mobile commerce business of SK C&C USA and the industry-leading mobile technology expert, and INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, today announced an agreement that promises to accelerate the rollout of NFC applications by ensuring that INSIDE Secure’s portfolio of MicroRead® and SecuRead® NFC solutions, as well as its Open NFC™ protocol stack, are interoperable with CorTSM™ - CorFire’s trusted service manager (TSM) solution.

“Seamless interoperability between the TSM and the NFC secure element is paramount to healthy NFC service deployments, and we are pleased to join forces with INSIDE Secure on validating the interoperability of our solutions to help speed up the rollout of NFC payment applications”

“Seamless interoperability between the TSM and the NFC secure element is paramount to healthy NFC service deployments, and we are pleased to join forces with INSIDE Secure on validating the interoperability of our solutions to help speed up the rollout of NFC payment applications,” said Dr. Jun Hong, CTO of CorFire.

“CorFire and INSIDE Secure are once again demonstrating their leadership in this market,” said Didier Serra, executive vice president and general manager for the United States at INSIDE Secure. “By validating INSIDE Secure’s NFC solutions with CorFire’s TSM solution, our customers can have confidence that their products built on our solutions will work as advertised, enabling wallet and other payment applications to be personalized on the mobile device.”

A third-generation product that sets a new standard for ease of integration, INSIDE Secure’s award-winning MicroRead NFC controller offers the broadest range of NFC options and provides the capacity to implement any secure element, including SIM or SD card, to support any business model. The INSIDE Secure SecuRead solution integrates the MicroRead NFC controller with a high-performance secure element and a GlobalPlatform-compliant Java Card™ operating system. The Open NFC protocol stack provides a complete open-source NFC middleware solution for mobile phones, embedded products and other devices.

CorTSM is CorFire’s standards compliant, enterprise-grade, service platform that delivers credentials securely to the mobile device. CorTSM plays a critical role in the mobile commerce value chain. For example, CorTSM enables financial institutions to issue credit card and debit cards securely to mobile devices. Other service providers will use CorTSM to issue or deliver open/closed loop gift cards, private label cards, and value-based rewards. The CorTSM solution benefits from CorFire’s expertise in Near Field Communication (NFC), mobile Over the Air (OTA), and smart card security and management, as well as a host of other must-have capabilities to ensure mobile data security.

To view a social media version of this release, visit, here.

NFC Data Offers Unique Opportunity

Pledge support. Set a new mobile wallet standard for security, convenience, and affordability! - Think outside the phone!

Home Register Reset Password

Contact: info@nfcsocial.com

  

Ken Mages Founder / CTO

Background

When we started exploring the world of NFC, like many other developers, we were immediately drawn to all the interesting applications it will enable; mobile payments, loyalty marketing, coupons, security access, physical social networking. Then it dawned on us - the paradox of the first fax machine– how long will it take before enough people have NFC enabled phones to make this really interesting?  Then we got to thinking… what about the cost of the phone and data plans, security, provisioning of secure elements, and battery life.  What would life be like if you lost your mobile phone?
Maybe what is needed is an affordable and secure NFC companion device that can work with everyone’s existing mobile phone.  A device that application developers like us can use to simplify development, inexpensively test and rapidly bring solutions to market.

The Solution - padloc

Designed to fit on your key ring, the padloc is the ultimate NFC reader/writer that doubles as a secure (bank level) tamperproof device that encrypts and stores all your credit, debit, loyalty cards, user names and passwords, and NFC credentials.   Best of all it connects to your phone, PC, Mac or iPad via Bluetooth (or cable).  Go ahead and use your favorite wallet on your smartphone – just have it call the padloc for your payment or security credentials.

Specifications

• Display - 2 inch LCD with 320x240 dots resolution
• Touch Panel - Resistive
• Operating System - Android 2.1
• Memory - DDR2 256MB
• Battery - Li-ion Rechargeable Battery 3.7V 1200mAh
• MCU - ARM 9 528MHz

The average consumer has an attention span of 8 seconds.   We have designed padloc as 1 second device.  Fast on, fast on task.   A device t that can be used in the world we live in today but also the one that is coming with NFC


Finally, we designed padloc around the realities of life.  Things go missing, they get damaged and sometimes they get stolen.   Everyone can relate to the hassles of replacing a lost wallet or phone.    We are building a companion service for padloc called travelVault that takes the stress out these mishaps.   It allows you to fully and securely recover your padloc in a manner of minutes from anywhere in the world via the internet.

 

$175,000

1/7/12

11:59:59 PM CST

38

72 Backers

$22,280.00

Become a Backer!

 Back at $8

Pledge Support & Join the padloc™ Community!

Every dollar counts. By pledging $8 or more, you will receive a lifetime membership in the padloc™ User Group (PUG) and be immortalized as a "backer" in the membership rolls.  The more you pledge the higher you rank. PUG members get the inside track on important announcements and the opportunity to provide early feature feedback to help us improve the padloc.

Your pledge also includes a $25 Rebate on the purchase of a new padloc™.

Estimated Delivery: January 2012. Rebate offer is not transferable and must be redeemed on or before Dec 31st 2012. Not valid with any other offers or promotions unless otherwise stated.

 Back at $28

Wear Your Support for padloc™!

Receive the "I'm getting a Costanzectomy" padloc™ T-Shirt.  Let others know that there is now a secure e-wallet alternative to the "fat wallet" and it works with their phone.  "padloc™ - the digital keys to your life"

Also includes a lifetime membership in the padloc™ User Group (PUG) and a $25 Rebate on the purchase of a new padloc.

Estimated Delivery: January 2012. Rebate offer is not transferable and must be redeemed on or before Dec 31st 2012. Not valid with any other offers or promotions unless otherwise stated.

 Back at $98

padloc™ for me!

Pledge $98 and you will receive a serialized First Edition padloc™.   Be first or at least be fast! The First Edition production run is being limited to 10,000 padlocs. Includes a docking station, a one year subscription to travelVault™, and a lifetime membership in the padloc™ User Group (PUG), and T-Shirt. padloc™ becomes generally available through major retail outlets beginning June 1st 2012.

"The perfect stocking stuffer this Holiday Season"

Get your padloc™ one and receive a $25 rebate coupon to give to a friend. 

Estimated Delivery: February 2012. Rebate offer is fully transferable and must be redeemed on a new purchase or before Dec 31st 2012. Not valid with any other offers or promotions unless otherwise stated.

 Back at $178

padloc™ for 2!

Pledge $178 and you will receive 2 of everything – the padloc™, docking station, t-shirt, one year travelVault™ subscription, lifetime membership in PUG and $25 rebate coupon.

"The perfect package for those sending money to family and friends away at college or overseas."

Estimated Delivery: February 2012. The Rebate offers are fully transferable and must be redeemed on new purchases or before Dec 31st 2012. Not valid with any other offers or promotions unless otherwise stated.

 Back at $998

NFC Application Software Kit:

Are you building NFC applications?   padloc™ is the ultimate Android based device to test new applications that read and write NFC tags.   Pledge $998 and receive 10 padlocs with base stations along with an assortment of 100 NFC tags.   In addition you will receive API and other technical documentation to help you flex your NFC muscle.

With your pledge you also get a 300X300 rotating banner advertisement on our NFC Data and NFC Social Blogs to promote your business.   Furthermore you will have priority enrollment in the padloc™ ISV program when it comes online in the spring of 2012.

Estimated Delivery: March 2012

 Back at $9998

padloc™ Partner's Circle

Are you interested in distributing padloc in a specific region or country?
padloc™ is the ultimate Android based mobile commerce device from which to launch exciting new NFC based applications;  payments, couponing, physical social networking, and many others.   

A padloc™ Partner's Circle pledge gets you 180 padlocs complete with base stations authorized for resale.   The pledge gives you priority enrollment as a value added reseller or distributor.   Rights to specific regions will be granted on a first come and means basis.  Pledge early and stake your claim.

With your pledge you get a 300X300 rotating banner advertisement on our NFC Data and NFC Social Blogs to promote your business.  

Estimated Delivery: March 2012

Join the NFC (Near Field Communication) Revolution Today

PRESS RELEASE

Nov. 30, 2011, 3:00 p.m. EST

--Pledge support. Set a new mobile wallet standard for security, convenience, and affordability! --Think outside the phone!

CHICAGO, Nov. 30, 2011 /PRNewswire via COMTEX/ -- NFC Data, Inc. is a leader in NFC (Near Field Communication) innovation. Our flagship offering, padloc(TM) is both an NFC "e-wallet" and POS (Point of Sale Terminal). Fitting neatly on your key chain it completely redefines the mobile wallet experience.

Learning from Kickstarter, we've launched our own "pre-sale" of our padloc(TM) mobile wallet. Shipping in February 2012, this limited pre-release is aimed at early adopters, application developers, partners and NFC enthusiasts. General availability of padloc(TM) begins June 1st, 2012.

We are the manufacturer and developer. These pre-release padloc(TM) mobile wallets will come with valuable coupons pre-loaded in our soon to be released tap2sav(TM) application.

A great gift for the Holidays!

For those interested, the pre-sale offering is at www.nfcsocial.com and accepts pledges through January 8th 2012. This is an opportunity for technologists, early adopters, consumers, and merchants to inexpensively get an NFC key fob that turns ANY smartphone, tablet, or PC into an NFC e-wallet and an NFC payment acceptance device. Google has its Google Wallet but with a padloc(TM) mobile wallet you can join the open source mobile wallet solution revolution today!

Pre-order a padloc(TM) mobile wallet for yourself and a friend and transfer money instantly. If you lose your padloc(TM) mobile wallet don't worry, with our TravelVault(TM) service we'll replace it for free with all your data intact.

With a padloc(TM) mobile wallet on your keychain, tethered to your smartphone, you can run ANY NFC app today and read or write NFC tags. Data can be displayed right on the padloc(TM) or on your phone or PC. The padloc(TM) has bank level security unlike phones.

About NFC Data:

NFC Data develops NFC based hardware and software solutions for mobile commerce. Using ISO standards, we design solutions for ourself as well as other companies. NFC Data also publishes a popular blog, www.NFCData.com/blog , devoted to NFC with over 5000 active subscribers. NFC Data, Inc. is a privately held company with offices in Chicago, Seattle, and Hong Kong.

padloc(TM) is covered under US Patent 6,747,547 and NFC Data has multiple patents pending.

Google is the registered trade and service mark of Google Inc. and Kickstarter is the registered service mark of Kickstarter Inc.

Contact us at info@NFCData.com and visit us at www.NFCData.com

CONTACT: Ken Mages, 1-312-835-8131, kmages@gmail.com

SOURCE NFC Data, Inc.

Copyright (C) 2011 PR Newswire. All rights reserved 

Security Researcher Warns over NFC Flaws - NFC Data, Inc. Simply Eliminates Them...(with Padloc)

Major holes in design, claims Collin Mulliner



In the Video Above, NFC Data, Inc. Founder Ken Mages explains why he created Padloc.  NFC Data, Inc, will be attending the WIMA NFC USA Conference  both today and tomorrow.  NFC Data, Inc is also a press partner for the event.  


For more info: "click here"


A researcher from the Berlin Institute of Technology has warned against the increasing prevalence of Near-Field Communications (NFC) technology, due to major security flaws in its design and implementation.

Presenting at the European Commission Joint Research Centre's 'Digital Footprint in a Mobile Environment' event, Collin Mulliner warned attendees that NFC - a short-range radio system used to connect smartphones to other devices, which lies at the heart of future mobile payment systems - is not without its risks.

Among the issues highlighted in Mulliner's speech were a lack of encryption that could lead to man-in-the-middle eavesdropping, spoofing and corruption attacks, the ability to spoof URI - Universal Resource Indicators - from 'smart' posters used for NFC-powered advertising, and flaws in current NFC handsets that can cause serious issues. 

Far from being a dry technical discussion, Mulliner's talk included proof-of-concept examples of NFC-borne attacks, including a smart poster URI spoofing attack that automatically sends a premium-rate SMS and purchases a paid-for ringtone, code that crashes Nokia and Samsung NFC-equipped handsets - including the Nexus S - through a record-payload-length bug, and a worm which propagates over NFC. 

This last of these is worth a closer look: Mulliner highlighted a proof-of-concept self-propagating worm that uses NFC radios to find nearby devices to infect. The result: the digital equivalent of an airborne virus, capable of spreading rapidly between carriers simply via proximity. 

Mulliner also claimed that work was progressing on a proof-of-concept creation that would be able to inject code into a handset via NFC - potentially allowing an attacker to install custom software to force the handset to do anything at all, including listen in on calls and internet traffic. 

"I would say that we need to seriously reconsider security for NFC devices before major deployment of devices and services at the very least," opined privacy activist Alexander Hanff, who described the presentation as "some scary stuff".

Read more: http://www.thinq.co.uk/2011/11/29/security-researcher-warns-over-nfc-flaws/#ixzz1f6c8cAwj

Tags: nfc, radio, joint research centre, mobile payments, insecurity, rfid, berlin institute of technology, collin mulliner

Read more: http://www.thinq.co.uk/2011/11/29/security-researcher-warns-over-nfc-flaws/#ixzz1f6bnbU6k