Wednesday, May 18, 2011

NFC Opens a Lot of Doors

Most people have heard of NFC but usually associate it with mobile payments.  But NFC can and does so much more.  Smart Posters, instant location based offers/coupons, heck it can even get you in out of the rain...


If you have an NFC enabled phone or better yet, a PIN encrypted/protected "key fob" from NFC Data, (pictured below) you can lock or unlock your Lockitron enabled door simply by waving your phone over an NFC tag with the pending release of their native Android app. 

NFC is more secure than traditional RFID cards because authentication is handled between the phone and the Lockitron service. Where a cloned RFID card represents as much of a risk as a copied key, a cloned NFC tag is useless without an authorized user’s phone.


NFC Data's NFC Key Fob Keeps Your Doors Closed to Intruders
with an encrypted Personal Identification Number (PIN) 
Lockitron works by sending a signal from your phone through servers to a small device that plugs into your internet router. This in turn talks to your door telling it to lock or unlock.

Lockitron is compatible with the most popular lock styles. Check if your door is compatible with a Lockitron Self-Install Kit

Replace your keys with your phone

Use your phone to unlock your home, business or rental from anywhere in the world. Instantly share virtual keys with family, friends and guests. Watch our 1 minute demo.

  or 
Get Lockitron
  starting at $295

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Michaels Breach Arms Banks and CU's for New Attack on Durbin Amendment


The Durbin Amendment would cap debit fees at .12 cents for large banks and, frankly, they don't like it.

By ROBIN SIDEL and VICTORIA MCGRANE for the Wall Street Journal

"Banks and credit unions are using a recent debit-card scam at Michaels Stores Inc. as fresh ammunition in their fight against a federal proposal to reduce the amount they can charge merchants for processing such payments. The new attack is aimed at part of the Dodd-Frank financial-overhaul law enacted last year that limits the fees banks can charge retailers each time a consumer swipes a debit card. The measure has pitted banks against merchants and has been one of the most contested provisions of the financial overhaul law on Capitol Hill."  <>
fraud_jp
Getty Images
A data breach at Michaels Stores, whose logo on a shopping-cart child's seat is seen here, is the latest flash point over debit-card fees.


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Big Announcement Coming from Square?

What’s the announcement? I don’t know, but according to Michael Arrington at TechCrunch, founder Jack Dorsey says it’s a big one. Does it relate to the Visa investment in Twitter, I mean Square?  Are they going to announce that they will actually "encrypt" the card holder data?  Oh it says "exciting news"...stay tuned...


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ISIS Mobile Wallet Likely to "Officially Launch" in 2012


by Elizabeth Woyke - Forbes, cross posted from Near Field Communications
May. 17 2011 – 7:06 pm
If ISIS, the mobile payments joint venture established by AT&T, T-Mobile USA and Verizon Wireless late last year, achieves its goals, it will be the way most Americans pay for purchases with their cellphones. So, just how will this service work?

How ISIS mobile transactions will work, on the phone
Forbes recently got a preview of the ISIS “mobile wallet” application, which will likely officially launch in 2012. The app will come preloaded on compatible phones, either as part of their removable “SIM” cards or elsewhere in the phone’s hardware. The handsets need to be equipped with chips that support the wireless communication technology Near Field Communication (NFC). For now, the app only works with phones that run on AT&T, T-Mobile and Verizon’s networks though ISIS says it would welcome the inclusion of other U.S. carriers, including Sprint Nextel.
As its name implies, the ISIS app functions like a digital version of a wallet. It stores credit and debit card information in the form of digital card images that can be sorted and swiped with a finger. Tapping on a card calls up relevant data, such as the amount of money available, current balance and credit line information. Users can also view the transaction history related to that card.
Since ISIS also aims to be a full mobile commerce platform, capable of serving up mobile coupons and storing loyalty program information, the ISIS app also keeps track of retail reward cards. In the app’s current permutation, loyalty cards are stored at the bottom of the app’s screen while credit and debit cards inhabit the top. ISIS Chief Executive Michael Abbott says the firm plans to install NFC readers near store doors so consumers can scan their phones (and loyalty cards) as soon as they enter shops. That would allow shoppers to receive coupons targeted to their interests on their handsets while they browse.
The app also includes one-touch shortcuts for adding and enabling new cards, deleting cards and accessing a “help” directory. To make a purchase, shoppers will need to select a card to use, then wave their phones near NFC readers.
Though the app is considered (and called) the ISIS mobile wallet, ISIS will not handle payment transactions. Instead, payments will be routed over a bank or credit card company’s network, depending on the card being used. ISIS simply provides a “top-level, secure container” for the card data, says Abbott.
The ISIS wallet will also be a container for various widgets that will be able to deliver offers, coupons and other messages to users. Abbott says each financial institution and merchant that signs on to ISIS’ system will be able to host its own widget or app within the wallet. The three carriers backing ISIS (AT&T, T-Mobile and Verizon) can also host widgets/apps in the ISIS wallet, but Abbott says the operators will not get preferential treatment or placement. Independent companies like Groupon could also have a widget.
The structure has some interesting ramifications. One is that ISIS — and, by extension, the carriers behind ISIS – won’t know what its users are buying. Once a consumer taps on a card in the wallet, the app shifts to the corresponding bank’s “space.” “That information is routed to the banks,” says Abbott. “We’re not trying to intercept it.”
That should bode well for the security of ISIS mobile wallet transactions but it appears to shut the carriers out of the lucrative business of mining purchase data to direct personalized marketing and advertising offers to users. Abbott concedes that ISIS would have liked to own that information but says users may have objected to the practice and banks certainly would have. “Banks do not want outside people to have that information,” says Abbott. “They consider it proprietary.”
The upshot is that even though ISIS is supported by companies that are big brands and have direct relationships with millions of consumers, ISIS itself is a “B2B2C” company, i.e. a company that supports companies which in turn work with consumers. “We support other people’s consumers; we don’t own the consumer ourselves,” notes Abbott.
ISIS considered other options that would have allowed it to play a different role, such as condensing credit cards down to their 16 digits and redirecting those numbers “to the cloud”, where they could be routed around the card issuers. The firm also debated developing a new technology protocol that would let a user save all of his card data with ISIS and sidestep bank security. ISIS also thought about employing NFC stickers similar to California startup Bling Nation. But since each of those ideas presented security or cost hurdles, ISIS ultimately decided to pursue an open platform model.
The model, naturally, still bakes in some advantages for ISIS and its investors. Any business – bank, merchant or otherwise – that wants to be part of the mobile wallet will need to pay for inclusion. Abbott declined to share the exact revenue structure but contends that ISIS’ system “creates a substantial amount of value” for its partners that they, in turn, will be happy to pay for. “If you don’t try to hijack the card data, you can really build a [mobile commerce] ecosystem,” says Abbott. “And that’s what the merchants and banks really want.”

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Woolworths Selects FIS for Prepaid Card Processing

May 17, 2011 09:14 PM Eastern Daylight Time 
CORRECTION...by FIS
Fidelity National Information ServicesJACKSONVILLE, Fla. & SYDNEY--(BUSINESS WIRE)--FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced Woolworths Ltd. has selected FIS as its premier provider for prepaid card processing, including card acquisition and transaction processing services.
Woolworths’ desire to deliver innovative new products quickly and cost effectively was a key factor in its choice to team with FIS for prepaid card processing. The FIS Card Processing Services platform, which supports both consumer and commercial accounts, currently processes more than 250,000 prepaid cards for Woolworths. With real-time access to payment information and the ability to customize the system, FIS provides Woolworths with the resources to provide better service to its customers.
Since 1924, Woolworths has been a well-regarded merchant in both Australia and New Zealand. As Australia’s largest retailer, Woolworths operates through different brands across a range of businesses including supermarkets, petrol, liquor, general merchandise, hardware, consumer electronics, hotels and pubs. Since 2007, Woolworths has embarked on an ambitious financial services program offering credit cards, ATMs, gift cards and general-purpose prepaid cards.
A recognized leader in the prepaid industry, FIS processes 180 million prepaid cards annually. FIS supports prepaid cards in 34 countries and 16 currencies, accounting for 775 million transactions annually.
When evaluating service providers for its EFT payments functionality, FIS’ expertise and service to its customers was the differentiator. In deploying an entirely new infrastructure – and in an area that was foreign to Woolworths – its ability to rely on FIS for expert assistance and support was crucial.
“The ability to rely on our technology partner to assist not only during the development and deployment stage, but long after, is of paramount importance to us,” said Dhun Karai, Head of Group Financial Services, Woolworths Ltd. “FIS continues to be instrumental in our success; its staff provide knowledge and expertise in areas where we have little experience, ensuring that we operate efficiently and serve our customers well.”
“Our relationship with Woolworths continues to grow and strengthen. It recently honoured FIS with two awards – Software Supplier of the Year and IT Supplier of the Year − which are a testament to its level of satisfaction with FIS’ solutions and service levels,” said Richard Palmer, managing director, FIS Australasia. “With the longest tenure in the prepaid industry – encompassing nearly 30 years – FIS will help Woolworths create a better customer experience that drives growth and strengthens its customer relationships.”
FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit www.fisglobal.com.
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Thales payShield 9000 Awarded Best Secure Transaction Solution by SC Magazine


May 17, 2011 08:00 AM Eastern Daylight Time 
WESTON, Fla. & CAMBRIDGE, England--(BUSINESS WIRE)--Thales, leader in information systems and communications security, announces its payShield 9000 Hardware Security Module (HSM) has won SC Magazine’s award for Best Secure Transaction Solution. The magazine’s annual awards for the European information security industry recognise those vendors at the forefront of innovative security technology delivery.
http://www.thalesgroup.com/iss
“For more than 20 years Thales has been at the forefront of security and payments technology. payShield 9000 further demonstrates our commitment to delivering innovative and high quality security solutions and this has been recognized with this SC Magazine award.”
Thales’s payShield 9000 was acknowledged for its world-leading cryptographic performance and resiliency. Designed specifically to secure card payment systems, Thales’s next generation HSM for payment security systems is a high-performance tamper-resistant security platform that protects cryptographic keys and other sensitive information such as customer PINs and cardholder data.
“Growing transaction volumes, an increase in the amount of data that needs to be protected with the introduction of PCI DSS, and a move from static to dynamic authentication (SDA to DDA) EMV cards require a huge increase in cryptographic processing power, resulting in a massive change in the need for payments card HSMs,” says Franck Greverie, Thales vice president in charge of information technology security activities. “For more than 20 years Thales has been at the forefront of security and payments technology. payShield 9000 further demonstrates our commitment to delivering innovative and high quality security solutions and this has been recognized with this SC Magazine award.”
Thales payment HSMs protect more than 70% of the world’s card payments. payShield 9000 is the first payment HSM to meet the resilience needs of modern data centres with dual power supplies, and once installed can be managed entirely remotely reducing operational costs and the inconvenience of on site management . Its superior cryptographic processing at 1500 transactions per second (TPS) satisfies the ever increasing demand for performance, and its software packages are configured specifically for card issuers or transaction processors meaning they can purchase exactly what they require.
For more information on Thales e-Security, visit www.thales-esecurity.com and our digital media centers www.keymanagementinsights.com and www.paymentssecurity.com
Notes to editors
The Information Technology Security activities of Thales
Thales e-Security is a leading global provider of data encryption solutions to the financial services, high technology manufacturing, government and technology sectors. With a 40-year track record of protecting corporate and government information, Thales solutions are used by four of the five largest energy and aerospace companies, 22 NATO countries, and they secure more than 70 percent of worldwide payment transactions. Thales e-Security has offices in France, Hong Kong, Norway, United States and the United Kingdom. For more information, visit www.thales-esecurity.com
About Thales
Thales is a global technology leader for the defence & security and the aerospace & transport markets. In 2010 the company generated revenues of €13.1 billion, with 68,000 employees in 50 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners. www.thalesgroup.com

Contacts

Thales e-Security
Liz Harris
+44 (0)1223 723612
liz.harris@thales-esecurity.com
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Tuesday, May 17, 2011

Mitek Systems Mobile Photo Bill Pay Wins FinovateSpring's Best of Show


San Diego, May 16, 2011 -- Mitek Systems, Inc. (OTC: MITK, www.miteksystems.com ), the leader in mobile-imaging applications using smartphone cameras for check deposits, bill payments and ACH enrollments, said today its Mobile Photo Bill Pay™ application was chosen as a "Best of Show" application from among demonstrations of technology innovations for the financial services industry at the Finovate Spring 2011 conference last week in San Francisco.

"Jim Bruene has made Finovate the premier gathering for showcasing technology advances in financial services, as the number of presenting companies indicates. We're thrilled that our Mobile Photo Bill Pay application has been chosen as one of this show's top breakthroughs," said Mitek President and CEO James B. DeBello.

Mitek's Mobile Photo Bill Pay enables users to pay their bills from anywhere at any time, simply by snapping photos of paper bills with their camera-equipped iPhone or Google Android smartphones. The technology allows customers to "Point, Shoot and Pay" any bills, regardless of format, via their mobile-banking accounts.

To pay bills, users initiate mobile-banking sessions with their financial institutions on their smartphones, then align their bills within the cameras' viewfinders, snap photos of their bills and, responding to the application's prompt, confirm details of their transactions. Mitek's patented image-analysis and data-extraction processes capture and relay all the data required for the financial institutions to pay bills electronically.

About Mitek Systems

For more than 20 years, Mitek Systems (OTC:MITK.OB) has provided financial institutions with advanced imaging and analytics software to authenticate and extract data from imaged checks and other financial documents. Mitek's patented technology has created the Gold Standard for Mobile Check Deposit and is currently used by leading financial organizations in the United States to process more than 10 billion items per year.

Today, Mitek is applying its patented technology and extensive expertise in image correction, optical character recognition and intelligent data extraction to mobile devices. Using Mitek Mobile Apps, smartphone users can now deposit checks, pay bills, save receipts and fax documents while on the road or sitting at a desk -- eliminating trips to the bank, Post Office and file cabinet. Simply take a picture of the document and Mitek does the rest -- correcting image distortion, extracting relevant data, routing images to their desired location, and processing transactions through users' financial institutions.

For more information about Mitek Systems, contact the company at 858-503-7810 or visit www.miteksystems.com .

Source: Company press release.
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Will that be Credit or Debit? You should Know the Difference!

Is there a difference between paying with a credit card and paying with a debit card? You bet, and if you use the wrong one for the wrong purpose, it can end up costing you.

FOR IMMEDIATE RELEASE
PRLog (Press Release) – May 16, 2011 – Connecticut Better Business Bureau Explains the Differences between Two Most Popular Methods of Payment

They may look alike and they act alike, but there are significant differences between credit and debit cards.

When they first came out, debit cards were used with a Personal Identification Number (PIN) to withdraw money from an ATM, and credit cards were used for purchases. These days, many consumers use debit cards to avoid increasing their debt load. You can’t spend more than is in your bank account.

The line between the two types of cards appears to be somewhat blurred, since debit cards now sport familiar credit card logos and may be used to make purchases, but they do not have the same protection and versatility as credit cards.

The main difference between the two is that when you use a credit card you use someone else’s money. When you pay with a debit card, you use your own money and it is quickly withdrawn from your account after a transaction. In addition, if a credit card is used for unauthorized purchases, the protection is much broader than with a debit card and resolving disputed purchases much simpler.

If either card is lost or stolen, under federal law, your liability is capped at $50, and if you report a credit card stolen right away you may not have to pay any penalties for unauthorized use. Major credit card issuers also offer zero-liability policies, however, if you lose your debit card and don’t report it missing within two business days, then that liability may jump to $500.

Connecticut Better Business Bureau offers the following guidelines for when to use a credit card versus a debit card:

•Putting down a deposit: Unlike credit cards, debit cards are linked to your bank account – not a line of credit. This comes into play when you have to put down a deposit of several hundred dollars to rent a car. With a debit card, the amount of cash you can use for a deposit is determined by how much money is in your bank account.
•Transactions online or by telephone: When you make a purchase online or by phone, you want to make sure you receive the item, that it is good condition and that it is exactly what you ordered. With a credit card, the dispute resolution process is simple and fast, and you have an entire billing cycle to resolve a problem. With a debit card, the money is immediately withdrawn from your bank account, and you must fight to get that money back into your hands.
•Protecting a purchase or rental: If you rent a bike, stop for a meal and find out the bike was stolen, the credit card protects you from financial liability. Credit cards also offer additional warranty protection on purchases.
•Rewards programs: Another advantage to using a credit card is that it can reward you with travel miles, two or three percent back on the month’s purchases and even end-of-month cash back on gasoline purchases with a gas credit card.

A helpful rule of thumb is to use debit cards for ATM withdrawals, and cash-and-carry purchases such as groceries and gasoline, and credit cards for large purchases, rentals and online transactions.

One advantage of using a debit card for in-store purchases is that you can avoid ATM withdrawal fees by using your PIN for a cash back transaction.

Terms, conditions, and liability vary. Your financial institution and credit card issuer can help you make educated choices. There are many different credit card rewards programs, so shop around for a card that suits your needs.
# # #


Founded in 1928, Connecticut BBB is an unbiased non-profit organization that sets and upholds high standards for fair and honest business behavior. For more advice on finding companies and businesses, start your search with trust at www.bbb.org.
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MasterCard Names Ajay Bhalla, President of DataCash

May 17, 2011 08:00 AM Eastern Daylight Time 
PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today announced that Ajay Bhalla has been appointed president of DataCash, responsible for all of MasterCard’s Commerce Gateway Services. Last year, MasterCard acquired DataCash, a European payment service provider.
In his new role, Bhalla will provide leadership and management for MasterCard’s global end-to-end Gateway processing solutions organizations – DataCash and MIGs – as well as the associated DataCash Fraud Tool and Risk Management services. He will be responsible for the profitability of the business, the operations and ongoing business integration, as well as developing the long-term vision, strategies and marketing plans that support global market expansion through new channels and service offerings.
Bhalla has more than 20 years experience in the financial services industry. He joined MasterCard in 1992 and most recently served as division president for South East and South Asia (SESA). While leading SESA, he introduced a number of new technologies, including PayPass, and also helped to develop the MasterCard Titanium card, which has since been launched globally for the affluent market. Bhalla also launched successful partnerships with non-financial institutions, such as one that enabled MasterCard cardholders to use PayPass on Singapore’s public transportation network. Lastly he was instrumental in developing a payment solution for ‘Aadharr’, a 12-digit Unique Identification Number (UID) which captures basic demographic and biometric information of Indian citizens significantly increasing MasterCard’s contribution to financial inclusion across India.
Prior to joining MasterCard, Bhalla held positions at HSBC and Xerox.
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 23 billion transactions each year and has the capacity to handle 160 million transactions per hour, with an average network response time of 130 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at www.mastercard.com. Follow us on Twitter: @mastercardnews.

Contacts

MasterCard Worldwide
Media Relations:
Joanne Trout, 914-249-6644
joanne_trout@mastercard.com
or
Investor Relations:
Barbara Gasper, 914-249-4565
investor_relations@mastercard.com
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GSMA Announces Speakers for Mobile Money Summit 2011 in Singapore

Industry executives highlight the rising power of mobile money

LONDON, May 16, 2011 /PRNewswire/ -- The GSMA today announced speakers for the GSMA Mobile Money Summit 2011, which will be held 27-30 June at the Marina Bay Sands Hotel in Singapore. The agenda features thought-leading conference sessions addressing a range of areas across NFC, mobile money transfer and mobile money services for developing countries. The conference programme includes topics such as 'NFC Takes Centre Stage'; 'Untapped Markets and Opportunities for Mobile Money'; 'A Look at Emerging Asia'; 'Innovation in mPayments' and 'Customer Analytics and Behaviour' and comprises presentations and stimulating speeches from exceptional mobile money industry leaders including:
  • Anthony Belpaire, Vice President, Mobile Wallet, Alcatel-Lucent
  • Irianto Kusumadjaja, Director, Information Technology and Operations, Bank Andara
  • Tomasz J. Smilowicz, Global Head of Mobile Solutions, Citi
  • Tomas Korseman, Head, Business Development and Strategy, Money Services, Ericsson
  • Elio Vitucci, Managing Director, Experian MicroAnalytics
  • Paolo J. Baltao, President, G-Exchange, Inc.
  • Ernest Cu, President and CEO, Globe Telecom
  • Delwar Hossain Azad, Head, Financial Services, Grameenphone
  • Jeremy Leach, Group Business Development, Hollard
  • Alberto J. Jimenez, Mobile Payments Leader, IBM Corporation
  • Peter van Leeuwen, Strategy and Business Development Manager, KPN
  • Claire Featherstone, Head of M-Commerce, Maxis
  • Jan Volzke, Director, Mobile Product Management, McAfee, Inc.
  • Diep Nguyen, CEO, M Service
  • Prateek Shrivastava, Managing Director , Africa Monitise Group plc
  • Thierry Barba, Director, Ecosystem Development, Orange
  • Amol Patel, Head of Emerging Markets, PayPal Mobile
  • Zahir Khoja, Executive Director of Mobile Money, Roshan
  • Betty Mwangi, Chief Officer, New Products, Safaricom
  • Jojo Malolos, Group Head, Financial Services, SMART Communications
  • Pablo Montesano, Director, New Business Development, Telefonica S.A.
  • Arif Abdul Qayyum, Director, Financial Services, Telenor Pakistan
  • Vincent Kadar, CEO, Telepin Software
  • Mohammad Khan, President and Founder, ViVOtech, Inc
  • Lee-Anne Pitcaithly, Acting CEO, WING

The Mobile Money Summit will feature two days of exhibition showcase and conference sessions, augmented by two days of invitation-only industry meetings designed to create dialogue around the opportunities and progress for the broad mobile money ecosystem. The GSMA will utilise its central role in the mobile industry to provide a unique opportunity for delegates and exhibitors from both industries and their wider ecosystems to interact and share experiences in a world-class environment.
"The Mobile Money ecosystem continues to expand at an extraordinary speed, and has led to increased access to financial services as well as the creation of new financial instruments around the world to the benefit of millions," said Neil Daly, Director, Mobile Money, GSMA. "The Mobile Money Summit provides an important forum for discussion, networking and showcasing the latest developments and solutions in this rapidly evolving and dynamic marketplace."
The hugely popular complimentary 'Mobile Money Accelerator Classes' which were introduced at the Mobile Money Summit 2010 in Rio, will be held each morning before the main conference sessions with content tailored to that day's conference topics. OnMonday June 27, Bankable Frontier Associates will again be hosting the 'Executive Regulatory Training for Mobile Operators' event, a one-day, invitation-only workshop, which explores the link between regulation and strategy and explains the most important regulatory concepts of mobile money. On the last day of the event, the GSMA's exclusive Leadership Forum will bring together a large number of decision makers from mobile operators and central banks to discuss how to promote dialogue between financial regulators and the operator community.
Visa is the Platinum Event Sponsor for the Mobile Money Summit exhibition showcase and conference programme. For more information on the Mobile Money Summit, including details on how to attend, exhibit or sponsor, please visitwww.mobilemoneysummit.com.
About the GSMA
The GSMA represents the interests of mobile operators worldwide. Spanning 219 countries, the GSMA unites nearly 800 of the world's mobile operators, as well as more than 200 companies in the broader mobile ecosystem, including handset makers, software companies, equipment providers, Internet companies, and media and entertainment organisations. The GSMA also produces industry-leading events such as the Mobile World Congress and Mobile Asia Congress.  
For more information, please visit Mobile World Live, the online portal for the mobile communications industry, atwww.mobileworldlive.com or the GSMA corporate website at http://www.gsmworld.com.
Editor's Note
  • Over one billion customers have access to a mobile phone but no access to formal financial services
  • There are over 90 live mobile money deployments around the works, 27 of which are in South Asia
  • Over 80 per cent of these deployments are in developing markets
  • Research has shown that mobile money products and services create significant revenue benefits, not just from transactions, but also cost savings from airtime sales along with churn reduction and a rise in ARPU. Mobile money generates profit.

SOURCE GSMA

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Reportlinker Adds NFC Retail Marketing & Mobile Payments Markets, Forecasts & Strategies 2011-2016

NEW YORK, May 17, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
  • Expert Evaluation of NFC Retail & Payments
  • NFC ARPU Opportunities Analysed
  • Three Extensive Forecast Chapters


This board level evaluation of the rapidly developing NFC market delivers the most extensive appraisal of the industry to date. Across three detailed forecast chapters this report provides a strategic blueprint for companies and market planning professionals aiming to maximise on the growing opportunities within NFC retail marketing and NFC mobile payments.
Three Forecast Chapters: Forecast chapter one projects data for NFC mobile payments including the average number of NFC transactions per handset as well as the number of transactions and transaction value, with all data broken down into NFC ticketing and NFC retail payments. The second forecast chapter projects the market for NFC retail marketing, forecasting the number of NFC Coupons and Smart posters downloaded as well as the total fee value. The third forecast chapter forecasts the ARPU opportunity for NFC Ticketing, Retail payments, Mobile Coupons and Smart posters.
Breadth & Depth of Analysis: From tracking key market developments over the past 12 months this report covers 18 significant industry announcements, assessing the relative prospects for NFC and evaluating eight key regions. The report concludes with vendor briefs of 14 players in the market with Juniper's view of their strengths and strategic development opportunities.
Key questions the report answers:
1. How many active NFC users will there be in 2016?
2. Which region will show the most growth over the forecast period?
3. What are the ARPU opportunities associated with NFC?
4. How will transaction volumes change over the next five years?
5. Which will be the leading regions for NFC coupons and smart posters?
6. How many NFC mobile tickets will be purchased over the next five years?
Executive Summary
ES.1 Introduction
ES.2 Primary Research Programme
ES.3 NFC Market Developments
ES.4 NFC Drivers & Constraints
Figure ES.1: NFC Drivers and Constraints
ES.5 NFC's Pivotal Role in Shopping
Figure ES.2: The Mobile Device in the Retail Customer Journey
ES.6 NFC Device Market Projections
Figure ES.3: NFC Handsets & Interim Solutions in Use (m) Split by 8 Key Regions 2011-2016
ES.7 NFC Ticketing and Retail Payments Transaction Value
Figure ES.4: Total NFC Ticketing and Retail Payments Transaction Value ($m) p.a. Split by 8 Key Regions 2011-2016
ES.8 Headline Conclusion: NFC ARPU Opportunity
Figure ES.5: NFC Incremental ARPU Opportunity ($) Split by Coupons, Smart Posters, Ticketing, Retail Payments 2011-2016
Recommendations
1. Mobile Commerce: Definition and Segments
1.1 Introduction
Figure 1.1: Verizon Wireless Network Challenges
1.2 NFC's Pivotal Role in Shopping
Figure 1.2: The Mobile Device in the Retail Customer Journey
1.3 Mobile Commerce Market Segments
Figure 1.3: Mobile Commerce Market Segmentation
1.4 Mobile Payment Segments
1.4.1 Digital & Physical Goods (Remote Payment)
1.4.2 Contactless NFC (POS or Proximity Payment)
1.4.3 Mobile Money Person to Person Transfer (Remote Payment)
2. NFC & FeliCa Technology
2.1 Introduction
2.2. Near Field Communication (NFC)
2.2.1 Technology
Figure 2.1: Typical NFC Implementation
2.2.2 NFC Forum Interview
Figure 2.2: NFC in the Automotive Industry
Figure 2.3: Oyster Card Using MIFARE Technology
Figure 2.4: Uses of NFC
Figure 2.5: N Mark Logo
2.2.3 Security
2.2.4 NFC in the Device
i. Embedded
ii. SIM
2.2.5 Interim NFC Form Factor Solutions
Figure 2.6: Integration Phase Comparison - NFC and Mobile Broadband
i. NFC Stickers
Figure 2.7: Twinlinx My-Max NFC Sticker
ii. NFC SD Card
Figure 2.8: Giesecke & Devrient NFC SD Card
Figure 2.9: DeviceFidelity In2Pay microSD NFC Solution
iii. NFC Case or Sleeve for Smartphones
Figure 2.10: NFC Case for iPhone
iv. SIM Card Adaptations
v. NFC POS Merchant Payment Device Adaptations
Figure 2.11: VeriFone PAYware Mobile Enterprise
2.3 FeliCa
2.3.1 Introduction
2.3.2 Standards & Specification
Figure 2.12: Sony FeliCa IC Card and Reader/Writer
2.3.3 Security
Figure 2.13: Sony FeliCa Security Features
Figure 2.14: FeliCa Networks Platform Management
2.3.4 Uses
Figure 2.15: Uses of FeliCa
2.3.5 Future FeliCa Roadmap
Figure 2.16: FeliCa to Global Mobile NFC Roadmap
3. NFC & FeliCa Drivers and Constraint
3.1 Summary
Figure 3.1: NFC Drivers and Constraints
3.2 NFC Drivers
3.2.1. Customer Response
3.2.2 Transaction Efficiency & Growth
3.2.3 Infrastructure Availability
3.2.4 MNO Plans and Successes
3.2.5 Future Enhancements
3.2.6 Widespread NFC Applications
3.2.7 Queue Busting
3.2.8 One to One Marketing
3.2.9 Smartphone Growth
3.3 Constraints
3.3.1 Device Availability
3.3.2 Business Model
Figure 3.2: NFC Ecosystem Top Level View
3.3.3 Service Complexity and Management
Figure 3.3: NFC Ecosystem Detailed View
3.3.4. Ecosystem Incentivisation
3.3.5 POS Acceptance
3.3.6 POS Reader Capability
3.3.7 User Support
3.3.8 Regulatory Hurdles
4. NFC Market Developments
4.1 Introduction
4.2 Mobile Operators
4.2.1 GSMA
4.2.2 ISIS (USA)
4.2.3 France Telecom Orange
i. Orange Strategy
ii. Cityzi Pilot
Figure 4.1: Cityzi Mobile Ticketing
4.2.4 Telefonica, Visa & La Caixa (Spain)
Figure 4.2: Sitges Mobile Shopping
4.2.5 Osaifu-keitai (Japan)
i. FeliCa Services
Figure 4.3: Osaifu-Keitai Service Concept
ii. NTT DOCOMO and KT
4.2.6 MasterCard, Gemalto, Garanti Bank and Avea (Turkey)
4.2.7 Orange, Telefonica and Vodafone
4.2.8 Deutsche Telekom (Germany)
4.3 Handset Vendors
4.3.1 Google
4.3.2 RIM
4.3.3 Samsung
Figure 4.4: Samsung Galaxy SII
4.3.4 Further Vendors
4.4 POS Vendors
4.4.1 Ingenico
Figure 4.5: Ingenico Tellium Pass Plus NFC POS Terminal
4.4.2 VeriFone
Figure 4.6: VeriFone VX Evolution POS Device
4.5 Banks & Financial Institutions
4.5.1 Bank of America
Figure 4.7: Bank of America NFC BlackBerry
4.5.2 Barclaycard & Orange (UK)
4.5.3 Visa Europe & Wireless Dynamics
Figure 4.8: Wireless Dynamics iCarte Accessory for iPhones
4.6 Retailers & Merchants
4.6.1 McDonald‟s
4.6.2 ATM & Telecom Italia (Italy)
4.7 Regional Prospects
Figure 4.9: Market Development Prospects 2011-2012 for 8 Key Regions
5. NFC Market Forecasts: Ticketing and Payments
5.1 Introduction
5.1.1 NFC Payments
5.1.2 New NFC Retail Marketing Opportunities
5.2 Methodology
5.2.1 Approach and Assumptions
Figure 5.1: NFC Market Forecast Methodology
5.2.2 Main Changes Since Previous Forecast
5.3 Mobile Handset Forecast
Figure 5.2: Mobile Handset Base (m) Split by 8 Key Regions 2011 - 2016
Table 5.1: Mobile Handset Base (m) Split by 8 Key Regions 2011-2016
5.4 NFC Smartphones Forecast
Table 5.2: NFC Commercial Launches by Country 2011-2012
Figure 5.3: NFC Smartphones (% of Total Handsets) Split by 8 Key Regions 2011-2016
Table 5.3: NFC Smartphones (% of Total Handsets) Split by 8 Key Regions 2011-2016
Figure 5.4: NFC Smartphones (m) Split by 8 Key Regions 2011-2016
Table 5.4: NFC Smartphones (m) Split by 8 Key Regions 2011-2016
5.5 NFC Featurephones & Low Cost Handsets Forecast
Figure 5.5: NFC Featurephones & Low Cost Handsets (m) Split by 8 Key Regions 2011-2016
Table 5.5: NFC Featurephones & Low Cost Handsets (m) Split by 8 Key Regions 2011-2016
5.6 Total Native NFC Handsets
Figure 5.6: Total NFC Handsets (m) Split by 8 Key Regions 2011-2016
Table 5.5: NFC Featurephones & Low Cost Handsets (m) Split by 8 Key Regions 2011-2016
Figure 5.6: Total NFC Handsets (%) Split by 8 Key Regions 2011-2016
Table 5.6: NFC Handsets (%) Split by 8 Key Regions 2011-2016
5.7 Interim NFC Solutions Forecast
Figure 5.7: Total Number of Mobile Handsets (m) With Interim NFC Capability Split by 8 Key Regions 2011-2016
Table 5.7: Total Number of Mobile Handsets (m) With Interim NFC Capability Split by 8 Key Regions 2011-2016
5.8 NFC Native Handsets& Interim Solutions
Figure 5.8: Global Comparison: NFC Handsets vs. Interim Solutions (m) 2011-2016
Table 5.8 Global Comparison: NFC Handsets vs. Interim Solutions (m) 2011-2016
5.9 NFC Enabled Devices in Use
Figure 5.9: Percentage of Native NFC Handsets in Use Split by 8 Key Regions 2011-2016
Table 5.9: Percentage of Native NFC Handsets in Use Split by 8 Key Regions 2011-2016
Figure 5.10: Native NFC Handsets in Use (m) Split by 8 Key Regions 2011-2016
Table 5.10: Native NFC Handsets in Use (m) Split by 8 Key Regions 2011-2016
Figure 5.11: NFC Handsets in Use as % of All Mobile Handsets Split by 8 Key Regions 2011-2016 78
Table 5.11: NFC Handsets in Use as % of All Mobile Handsets Split by 8 Key Regions 2011-2016
Figure 5.12: NFC Handsets & Interim Solutions in Use (m) Split by 8 Key Regions 2011-2016
Table 5.12: NFC Handsets & Interim Solutions in Use (m) Split by 8 Key Regions 2011-2016
5.10 NFC Mobile Ticketing Transactions Traffic
5.10.1 Average Number of NFC Ticketing Transactions
Figure 5.13: Average Number of NFC Ticketing Transactions per User p.a. Split by 8 Key Regions 2011-2016
Table 5.13: Average Number of NFC Ticketing Transactions per User p.a. Split by 8 Key Regions 2011-2016
5.10.2 Total Number of NFC Ticketing Transactions
Figure 5.14: Total Number of NFC Ticketing Transactions (m) p.a. Split by 8 Key Regions 2011- 2016
Table 5.14: Total Number of NFC Ticketing Transactions (m) p.a. Split by 8 Key Regions 2011- 2016
5.11 NFC Ticketing Transaction Value
Figure 5.15: Average Value of NFC Ticket Transactions ($) Split by 8 Key Regions 2011-2016
Table 5.15: Average Value of NFC Ticket Transactions ($) Split by 8 Key Regions 2011-2016
Figure 5.16: Total Value of NFC Ticketing Transactions ($m) Split by 8 Key Regions 2011-2016
Table 5.16: Total Value of NFC Ticketing Transactions ($m) Split by 8 Key Regions 2011-2016
5.12 NFC Retail Payments Transaction Traffic
5.12.1 Average Number of NFC Retail Payments Transactions
Figure 5.17: Average Number of NFC Retail Payments Transactions per User p.a. Split by 8 Key Regions 2011-2016
Table 5.17: Average Number of NFC Retail Payments Transactions per User p.a. Split by 8 Key Regions 2011-2016
5.12.2 Total Number of NFC Retail Payments Transactions
Figure 5.18: Total Number of NFC Retail Payments Transactions (m) p.a. Split by 8 Key Regions 2011-2016
Table 5.18: Total Number of NFC Retail Payments Transactions (m) p.a. Split by 8 Key Regions 2011-2016
5.13 NFC Retail Payments Transaction Value
Figure 5.19: Average Value of NFC Retail Payments Transactions ($) Split by 8 Key Regions 2011- 2016
Table 5.19: Average Value of NFC Retail Payments Transactions ($) Split by 8 Key Regions 2011-2016
Figure 5.20: Total Value of NFC Retail Payments Transactions ($m) Split by 8 Key Regions 2011- 2016
Table 5.20: Total Value of NFC Retail Payments Transactions ($m) Split by 8 Key Regions 2011-2016
5.14 NFC Total Ticketing and Retail Transaction Traffic
Figure 5.21: Total Number of NFC Ticketing and Retail Payments Transactions (m) p.a. Split by 8 Key Regions 2011-2016
Table 5.21: Total Number of NFC Ticketing and Retail Payments Transactions (m) p.a. Split by 8 Key Regions 2011-2016
5.15 NFC Total Ticketing and Retail Payments Transaction Value
Figure 5.22: Total NFC Ticketing and Retail Payments Transaction Value ($m) p.a. Split by 8 Key Regions 2011-2016
Table 5.22: Total NFC Ticketing and Retail Payments Transaction Value ($m) p.a. Split by 8 Key Regions 2011-2016
6. NFC Retail Marketing Forecasts: Coupons & Smart Posters
6.1 NFC as a Retail Device
Figure 6.1: NFC Mobile Coupon
Figure 6.2: Suipo Smart Poster
6.2 NFC Mobile Coupons Download Traffic
Figure 6.3: Total Number of NFC Mobile Coupons Downloaded (m) Split by 8 Key Regions 2011- 2016
Table 6.1: Total Number of NFC Mobile Coupons Downloaded (m) Split by 8 Key Regions 2011-2016
6.3 NFC Mobile Coupons Total Fee Value
Figure 6.4: NFC Mobile Coupons Total Fee Value ($m) p.a. Split by 8 Key Regions 2011-2016
Table 6.2: NFC Mobile Coupons Total Fee Value ($m) p.a. Split by 8 Key Regions 2011-2016
6.4 NFC Smart Poster Download Traffic
Figure 6.5: Total Number of NFC Smart Poster Downloads (m) Split by 8 Key Regions 2011-201698
Table 6.3: Total Number of NFC Smart Poster Downloads (m) Split by 8 Key Regions 2011- 2016
6.5 NFC Smart Posters Total Fee Value
Figure 6.6: NFC Smart Posters Total Fee Value ($m) p.a. Split by 8 Key Regions 2011-2016
Table 6.4: NFC Smart Posters Total Fee Value ($m) p.a. Split by 8 Key Regions 2011-2016
7. NFC ARPU Opportunity
7.1.1 NFC Mobile Ticketing Interchange Fee ARPU
Table 7.1: NFC Ticketing Transaction Interchange Fee ARPU ($) Split by 8 Key Regions 2011- 2016
Figure 7.1: NFC Ticketing Transaction Interchange Fee ARPU ($) Split by 8 Key Regions 2011- 2016
7.1.2 NFC Retail Payment Interchange Fee ARPU
Figure 7.2: NFC Retail Payment Transaction Interchange Fee ARPU ($) Split by 8 Key Regions 2011-2016
Table 7.2: NFC Retail Payment Transaction Interchange Fee ARPU ($) Split by 8 Key Regions 2011-2016
7.2 NFC Retail Marketing
7.2.1 NFC Mobile Coupon Fee ARPU Opportunity
Figure 7.3: NFC Mobile Coupons Fee ARPU ($) Split by 8 Key Regions 2011-2016
Table 7.3: NFC Mobile Coupons Fee ARPU ($) Split by 8 Key Regions 2011-2016
7.2.2 NFC Smart Posters Fee ARPU Opportunity
Figure 7.4: NFC Smart Posters Fee ARPU ($) Split by 8 Key Regions 2011-2016
Table 7.4: NFC Smart Posters Fee ARPU ($) Split by 8 Key Regions 2011-2016
7.3 NFC ARPU Opportunity Comparison
Figure 7.5: NFC Incremental ARPU Opportunity ($) Split by Coupons, Smart Posters, Ticketing, Retail Payments 2011-2016
Table 7.5: NFC Incremental ARPU Opportunity ($) Split by Coupons, Smart Posters, Ticketing, Retail Payments 2011-2016
8. Appraisals of Selected Vendors
8.1 Introduction
8.2 Broadcom
Figure 8.1: Topaz Tags
8.3 Fundamo
8.4 Gemalto
8.5 Giesecke & Devrient
8.6 More Magic
8.7 Nokia
Figure 8.2: Nokia 2010 Device Volumes by Region (millions)
8.8 NXP
8.9 Oberthur Technologies
8.10 Proxama
8.11 Research in Motion (RIM)
8.12 Samsung
8.13 Think&Go NFC
8.14 VeriFone
8.15 ViVOtech
To order this report:
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