Monday, July 16, 2012

Smart Card Alliance Recognizes Top Industry Council Contributors for Advancing Knowledge and Acceptance of Smart Card Technology

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PRESS RELEASE
July 16, 2012, 8:37 a.m. EDT


PRINCETON JUNCTION, NJ, Jul 16, 2012 (MARKETWIRE via COMTEX) -- Since forming eight years ago, Smart Card Alliance Industry Councils have become leading resources for information and education on the acceptance, use, and applications of smart card technology for identity, payment, transit, access control, and mobile applications. To honor the members that have devoted themselves to Council projects, the Smart Card Alliance has announced the top Council contributors and Honor Roll for 2012.
"Our Councils are successful due to our outstanding members and their contributions. These individuals all have demanding jobs, yet provide input, time and energy into our Councils on a daily basis," said Randy Vanderhoof, executive director of the Smart Card Alliance. "We thank our top contributors, as well as all of our Council members, for their dedication and for their enthusiastic participation in projects that make a marked difference for our industry."
The Smart Card Alliance Industry Councils -- Access Control, Healthcare, Identity, Payments, Transportation, and new Mobile and NFC -- are led by members, with deliverables developed by member volunteers. The Councils have made significant contributions to the smart card industry through publishing education and outreach material for different markets, holding educational events, webinars and workshops on key topics, responding to issues in the media, developing industry comments and positions on key government initiatives, and establishing relationships with other key industry groups.
Council descriptions, chairs, and individuals recognized as the top contributors for each Council are:
Access Control Council The Access Control Council promotes the widespread acceptance, use, and application of standards-based smart card technology for physical and logical access control
Council Chair


Mobey Forum Launches North American Chapter to Advance Mobile Financial Services Ecosystem





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PRESS RELEASE
July 16, 2012, 7:34 a.m. EDT


Industry Leaders Come Together to Accelerate the Evolution of Mobile Payments

HELSINKI, Jul 16, 2012 (BUSINESS WIRE) -- Mobey Forum, the bank-led industry association driving the evolution of a sustainable and prosperous mobile financial services (MFS) ecosystem, today extends its global reach with the launch of Mobey Forum North America, a new arm of the association created specifically to address industry issues facing the region.
The North American Chapter brings together key players in the marketplace to work through issues impacting the mobile financial ecosystem's future and accelerate the development of sustainable MFS in this region. Members from American Express, Bank of America, Capital One, CIBC, MasterCard, TD Bank Group, US Bank and Visa, gather together to deliver sustainable, long-term mobile services to the mass market.
"Banks and payment service providers in North America are yet to clarify their opinions on how to develop mobile payment services," comments Sirpa Nordlund, Executive Director, Mobey Forum. "This means there is a real need for stakeholders to find synergies and foster the development of the ecosystem. The North American Chapter aims to provide an environment that meets this need. By establishing guiding principles for the ecosystem, based on the premise that no single stakeholder's role should undermine consumer confidence or inhibit widespread adoption, we aim to accelerate the evolution of mobile payments to the benefit of consumers and all involved."
Mobey Forum has strong widespread relationships with organisations and associations working in areas related to MFS. Mobey Forum works together with its industry partners by sharing knowledge and information to facilitate the adoption and deployment of mobile payments created on open standards.
Matt Calman, Senior Vice President and Research & Development Executive at Bank of America, and Chairman of the North American Chapter comments: "No other industry association has the depth and range of member knowledge in mobile financial services that is offered by Mobey Forum. With the Americas Chapter, we aim to bring together key stakeholders to discuss issues and challenges in order to advance mass market deployment of mobile payment technology.
"Mobey Forum promotes extended learning between mobile financial services practitioners around the globe, therefore members of the North American Chapter will not only tackle domestic barriers faced on the road to consumer adoption, but they will help to drive the agenda for Mobey Forum's global output," adds Calman.
While Mobey Forum North America is bank-led it welcomes members from any supervised payment institutions, technology companies and mobile network operators. Mobey Forum membership provides an opportunity for discussion, networking and the sharing of knowledge. The chapter is led by Bank of America and already boasts a variety of members, including American Express, Capital One, CIBC, MasterCard, TD Bank Group, US Bank and Visa.
About Mobey Forum
Mobey Forum is the global leader in driving a sustainable and prosperous mobile financial services ecosystem. Established in 2000, it brings together leading financial institutions, mobile network operators, mobile handset manufacturers and payment processors and vendors, committed to accelerating the mass-market deployment of user-friendly mobile financial services by promoting open and secure technology standards.
For more information on Mobey Forum, visit www.mobeyforum.org .
SOURCE: Mobey Forum



China Mobile develops NFC-enabled handset


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One of the buzzwords in the realms of mobile technology at the moment is 'NFC payments', with talk of a near future where purchases can be...
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Gadget Helpline (blog)
Smart Card Alliance Recognizes Top Industry Council Contributors for ...
MarketWatch (press release)
The Smart Card Alliance Industry Councils -- Access Control, Healthcare, Identity, Payments, Transportation, and new Mobile and NFC -- are led by members, with deliverables developed by member volunteers. The Councils have made significant ...
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China Mobile develops NFC-enabled handset
Mobile Entertainment
All the major operators in China are prepping NFC payments services. China Mobile bought a 20 per cent stake of Shanghai Pudong Development Bank in 2010, while China Unicom and China Telecom have also launched mobile payment divisions. Yankee ...
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Turkcell MaxiPLUS5: Maximum Features at Minimum Price
MarketWatch (press release)
Turkcell MaxiPLUS5, with an NFC featured custom-made fridge magnet, and boxed within the handsets, enables users to experience a global first; shopping through the Mobile Order application. Once the user taps the fridge magnets with their device, the ...
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What is NFC?
ComputerActive.co.uk
The fallibility of contactless payments and mobile wallets has already been exposed. In late March, an investigation by Channel 4 News found the contactless payment system used in the latest Barclaycards could be easily compromised using an NFC ...
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ComputerActive.co.uk
Mobility Matters: Tracking the Mobile Banking Revolution in Credit Unions
Credit Union Times
As the Apple Turns. Ever cryptic – that has long been Apple on mobile payments and this has led some pundits to positthat NFC (Near Field Communications) is going nowhere until Apple embraces it. Now reporter Jessica Vascellero, writingin the Wall ...
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Credit Union Times



Bell Id: European Readiness for Mobile NFC Payments

Web6 new results for NFC Mobile Payment
NFC Mobile Payment Ways are Taking Aside | Seo Site Manager
Over the typically present . length of design progress an area associated with sustained growth and development is traveling with a laptop, entirely devoted to...
www.seositemanager.com/.../nfc-mobile-payment-ways-are-ta...
European Readiness for Mobile NFC Payments
Image representing iPhone as depicted in Crunc...
Image via CrunchBase
The European market as a whole is already seeing a massive move to support contactless (EMV) payments, with some specific countries currently even further ...
www.bellid.com/.../11-european-readiness-for-mobile-nfc-pay...
Apple dropped NFC mobile payment plans due to battery and ...
While awareness of NFC mobile payments is fairly strong, only a little more than one in 10 respondents to a recent survey by UK-based market research.
epaymentnews.blogspot.com/.../apple-dropped-nfc-mobile-pa...
Chase Paymentech Selects Ingenico for NFC Mobile ... - PLUS journal
With the Telium iCT250, Chase Paymentech merchants are set to be able to accept payments including contactless, EMV, NFC mobile and traditional magnetic ...
www.plusworld.org/daily/page1_7240.php
MasterCard, Deutsche Telekom to offer mobile payments in Europe ...
MasterCard and Deutsche Telekom have formed a partnership to offer NFC- based mobile payment services to the operator's subscribers in a number of ...
www.mobilemoneylive.org/articles/mastercard.../24415
DeviceFidelity obtains european patent for iPhone NFC solution ...
Demand for NFC or mobile payment technology and services is growing rapidly as more consumers seek the ease and convenience of making cashless ...
contactlessintelligence.com/.../devicefidelity-obtains-european-...



Square to Alleged Mobile Payment Copycat: Back Off | Inc.com

News2 new results for "Mobile Payment"
Kayak IPO Preview: Interesting Growth Story But TripAdvisor Might Be Better
Seeking Alpha
Leading position in travel app bodes well for mobile payment and may translate to higher commission rate and margin expansion. Key Risks. Strategic partnerships with Google (GOOG), ITA Software, and Orbitz (OWW) are due to expire in the next two years.
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Mobile payments are the largest change to retail in a half century
QR Code Press
Related posts: Will the second version of the Apple Store app change the mobile payment world? Where are we in the revolution bringing mobile payments? PayNearMe provides a new alternative unbanked cash mobile payments service · Smartphones are ...
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QR Code Press

Blogs2 new results for "Mobile Payment"
Last week on Twitter | 15Mb: yet another blog ... - 15Mb - Dave Birch
By admin
RT @sytaylor: Apple concerned about mobile payment security ( – Mobile – Internet – Security ) http://t.co/aYD7DfhY #; I hereby declare #smartpayment to be the hash tag for the day #; Remembering cashless beer http://t.co/HxzypAlo #; I'm ...
15Mb: yet another blog from Dave Birch
Web gaming QUIZ application | HTML5 | Javascript | jQuery ...
The application would handle mobile payment processing (Deducting credit from the user's phone) 8. A degree of table or column level encryption would be nice to have (Not mandatory) 9. Easy access to load data into the application from the ...
Freelancer.com - New Projects

Web3 new results for "Mobile Payment"
Square to Alleged Mobile Payment Copycat: Back Off | Inc.com
The popular U.S. mobile payment start-up, Square has issued a cease-and- desist letter to a British competitor.
www.inc.com/abigail.../square-to-alleged-copycat-back-off.ht...
MOLPay - Buy Everywhere Pay Anywhere | Mobile payment solution
Having or building a mobile website? More shoppers are set to embrace the convenience of paying for their shopping using their smartphone and people getting ...
www.molpay.com/home/?domain=molpay&doit...cid...
Mobile Payment | Dominion Business Center | Virtual Office ...
Mobile Payment. Posted on July 11, 2012 by juanpablo in Blog. Do you need a credit card terminal for your business? If you have a smartphone you might not ...
www.txbizcenters.com/2012/07/11/mobile-payment/



Wallets go digital - New York Post

Empire State
Empire State (Photo credit: antxoa)
News1 new result for NFC Mobile Payment
Wallets go digital
New York Post
A report by Juniper Research estimates that 1 in 4 US consumers are anticipated to use their NFC (Near Field Communication)-enabled mobile phones to pay for goods in-store by 2017. This year, it stands at just 2 percent. NFC chips are built into most ...
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Saturday, July 14, 2012

Visa Settles with Retailers for Billions


Visa, U.S. Retailers Resolve Claims in the Federal Multi-District Interchange Litigation (via PR Newswire)
SAN FRANCISCO, July 13, 2012 /PRNewswire/ -- Visa (NYSE: V), MasterCard and U.S. financial institution defendants have signed a memorandum of understanding to enter into a settlement agreement to resolve the Class Plaintiffs' claims in the multi-district interchange litigation (MDL). The claims originally…

Visa & MasterCard Agree to Largest Antitrust Settlement Ever?

$7.25 BILLION
By MarketWatch
SAN FRANCISCO (MarketWatch) -- Visa Inc., MasterCard Inc. and banks that issue their credit cards have agreed to a $7.25 billion settlement with U.S. retailers in what could be the largest antitrust settlement in U.S. history, according to Reuters. The settlement would resolve a lawsuit over the fixing of credit and debit card fees filed by retailers in 2005, Reuters and other media outlets reported after the settlement papers were filed Friday in a federal court in Brooklyn. A judge must approve the settlement. 

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NFC: Near Field Communications - The Next Big Deal

Web5 new results for "Near Field Communications"
NFC: Near Field Communications - The Next Big Deal ...
This article is a brief introduction to something you'll be seeing in mobile devices in a few ...
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Near Field Communications Payments Report, 201213 NFC ...
NFC, short for Near Field Communications, is a technology standard and communications protocol. It specifies and enables devices to communicate without any ...
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Near-field communications (NFC) | Open Development Cambodia
Near-field communications (NFC) technology will be the next addition to WING's mobile platform to be used for smaller payments, such as purchasing a cup of ...
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Near Field Communications Payments Report, 201213 The ... - NFC
Near Field Communications Payments Report, 2012-13 | The M2M … By The M2M Daily July 7, 2012 – The $1.7 Billion M2M Software Market Sees Developers ...
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product development management | NFC Near Field ...
Articles tagged with 'Product Development Management' at NFC Near Field Communications. ... NFC Near Field Communications. Home · Attendees ...
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16 "Mobile Payment" News Stories for July 14

News12 new results for "Mobile Payment"
How Local Businesses And Passbook Could Deliver An iWallet That Beats Any ...
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Mobile payment technologies have an interesting and complicated relationship with local businesses. On the one hand, local mom-and-pop restaurants, shops, and services are probably the companies that you'd expect to adopt new payment technologies ...
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Square threatens legal action against mPowa
SlashGear
Mobile payment leader Square has issued a cease and desist letter to mPowa, one of the newest players in the emerging market of turning smartphones and tablets into portable credit card terminals. But the details aren't exactly what you'd expect ...
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Apple Unveils the Latest iPhone 5 Power: Mobile Payments through the iPhone
Caribbean Media Vision
This great news of an NFC-based mobile payment system broke into the consciousness of the world after Apple has announced that the new iOS 6 will have the e-wallet application which will allow its users to store electronic versions of their important ...
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PayToo's new mobile wallet helps consumers build, repair their credit
Mobile Payments Today
Mobile payments has been touted for some time as a way for the unbanked to participate in electronic commerce. That's all well and good for those who are "cash preferred," but it doesn't do anything for people hoping to use mobile payments to help.
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Mobile Commerce And The Future Of Affiliate Marketing
Marketing Land
(via eMarketer); Worldwide mobile payment transactions will surpass $171.5 billion in 2012, up 62 percent from $106 million in 2011. (via Gartner); 85 percent of merchants say mobile commerce is a focus in 2012, up from 68 percent in 2011. (via The ...
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Marketing Land
Panelists focus on simplicity, security in meeting of mobile payments minds
Silicon Prairie News
He noted that plenty of mobile payment technologies don't provide significantly greater value than their predecessors — for instance, he said, using NFC to pay is very similar to the experience of paying with a card. "What I think it will take for ...
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Silicon Prairie News
Ron Carter and Louise Thompson Join Proxama
RFPConnect.com
... Consolidates And Reports Globally With Tagetik 13 Jul 2012; MasterCard Europe and PrePay Solutions to offer a unique end-to-end prepaid mobile payment platform 13 Jul 2012; NICE to Discuss How to Optimally Leverage Inbound Interactions for Greater ...
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RFPConnect.com
Ron Paul, Mitt Romney and Barack Obama Will Raise Campaign Money ...
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Mobile payment application "Pay with Square" has announced a feature that will help political campaigns and organizations to raise money through an iPhone, iPad and Android app.
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PolicyMic
Fifty Shades of Grey driving Kindle sales?
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OPINION: Consumers must overcome their mobile payment fears. Jason Carey, founder of SwipePay, explains why mobile wallets are actually more secure than what's gone before. Police Tape app lets users secretly record the police. Developed by US civil ...
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Mobile Entertainment
Marketing Biz: Twitter's Pitch, Vevo's Warning & Bitly's Disrespect
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This represents a 76% increase from 19.3% who said they had made a mobile payment a year ago. Among those who have made a mobile payment, PayPal Mobile (56%) counts as the most popular service. Another survey that points to the acceleration of ...
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Marketing Land
iPhone 5 rumor rollup for the week ending July 13
PC Advisor
She quotes Apple's worldwide marketing chief, Phil Schiller, who said in a recent interview that digital-wallet/mobile-payment services are "all fighting over their piece of the pie, and we aren't doing that." iPhone 5 will be announced Tuesday, Aug. 7 ...
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3 Stocks Poised To Move Higher Next Week And 2 To Avoid
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PayPal's mobile payments service is the key to eBay's growth. eBay's mobile payment business has exploded from a few hundred million dollar business in 2009 to a $7 billion business in 2012. Only a small percentage of smart phone users currently use ...
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Blogs2 new results for "Mobile Payment"
Today In APIs : Scandit, StoryTeller, Photo Hack Day 3 and 18 New ...
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Vigil@nce: Linux kernel, denial of service via - Global Security Mag ...
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... leading vendors will meet, network and discuss for the second time in Beijing, to address the industrial and technical hot topics, panel-talk on trends and prospects of global and Chinese markets, such as EMV IC Card and mobile payment ...
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Web2 new results for "Mobile Payment"
Starbucks spurs mobile payment growth with app ... - Mobile Marketer
Mobile Commerce Daily today - Starbucks spurs mobile payment growth with app extensions; Walgreens flexes mobile muscles, enables third-party ...
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Growth is predicted to top $1 trillion by the end of 2015. Apple is near the core of this surge, but they're also a major factor in the fractured near future.
prepaidevolution.com/.../the-mobile-payment-rollercoaster-is-...



How NFC Hackers Could Ruin the Olympics

News3 new results for NFC Mobile Payment
How Hackers Could Ruin the Olympics
Mobiledia
Hackers are capable of ripping off people using NFC technology during the Olympics, which may destroy mobile payment's credibility and leave medal winners broke.
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Mobiledia
Parrot reveals first NFC-enabled headphones
NFCNews (blog)
Wireless device manufacturer Parrot has unveiled a pair of NFC-enabled wireless headphones. ... China Mobile, China UnionPay join forces for mobile payments. China Mobile and China UnionPay have signed an agreement to jointly develop an array of ...
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iPhone 5 Release Date Rumors & News: Apple Holding Back On NFC Payments?
The APPera
Many have been speculating that Apple would include NFC payments with iPhone 5, but at their iOS 6 event, Apple instead rolled out a feature called Passbook. ... iPhone 5 Release Date Rumors & News: Apple Holding Back On NFC Payments? July 13th, 2012 ...
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NFC Data's Padloc Provides a Patented Mobile Authentication Platform via a Virtual SIM


Proxama Announces New Appointments

News1 new result for NFC Mobile Payment
NFC provider Proxama announces new appointments
telecomlead.com
"Having been client-side, I was always impressed by the expertise, knowledge and ability to deliver that Proxama demonstrated time after time. The NFC mobile payments industry is growing fast and this role gives me a great opportunity to play a real ...
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telecomlead.com



What the Electronic Payments Coalition Says About the Interchange Fee Settlement


Electronic Payments Coalition Issues Statement on Interchange Fee Settlement

WASHINGTON--()--Today, the U.S. District Court for the Eastern District of New York announced that a settlement was reached in the long-running legal dispute between retailers, payment networks and nine major card issuers over interchange fees and rules.
“All parties have endorsed this agreement. The legal process worked and should send a signal to Congress that it is wrong to pick winners and losers in a complex dispute between two industries.”
The Electronic Payments Coalition issued the following statement:
“The long political conflict over interchange fees is finally over, settled by a well-established legal process, which brought together retailers and the card industry for a negotiated resolution. After years of mediation, dozens of meetings, and millions of pages of evidence, the parties involved have willingly agreed to settle their dispute.
“As part of the settlement, retailers negotiated the ability to charge their customers a checkout fee (merchant surcharge) at the register. Historically, banning surcharging has been an important safeguard, and it remains illegal in ten states. To the extent that retailers do assess checkout fees, we are pleased that the settlement includes important safeguards that will help to curb any abusive or excess checkout fees at the register.
“The deliberate and measured approach of the settlement process is in stark contrast to that of the Durbin amendment, which was passed in the dark of night with no review of its consequences and virtually no public debate. These government price controls shifted $8 billion from banks to the retailers, with no evidence that consumers are seeing lower prices as a result.
“All parties have endorsed this agreement. The legal process worked and should send a signal to Congress that it is wrong to pick winners and losers in a complex dispute between two industries.”
More information is available at http://www.electronicpaymentscoalition.org/settlement.
About the Electronic Payments Coalition
The Electronic Payments Coalition (EPC) includes credit unions, banks, and payment card networks that move electronic payments quickly and securely between millions of merchants and millions of consumers across the globe. EPC’s goal is to protect the value, innovation, convenience and competition in today’s growing electronic payments system. EPC educates policymakers, consumers and the media on the system’s role in economic growth, and the importance of protecting consumer choice and stability for the continued growth of global commerce.

Contacts

Electronic Payments Coalition (EPC)
Trish Wexler, 202-288-1238
trish@electronicpaymentscoalition.org



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