Contactless Smart Cards, RFID, Payment, Transit and Security

Mobile & NFC Payment Strategies

Wednesday, September 10, 2008

Dates: November 24 - 27, 2008
Venue: Corinthia Grand Hotel Royal
Location: Budapest, Hungary
URL: http://www.iir-conferences.com/mobilepayment

Description: Now in its fourth year, the conference will again draw together expert speakers from across the mobile communications and financial services industries sharing vital business insights into how their organisations are successfully delivering payment and banking services to their customers over the mobile channel. [end] 

The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.”

According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

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Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

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Collis has announced the launch of its Visa Mobile Payment Specification (VMCPS) Test Suite, enabling the functional testing of UICC or secure element-based contactless mobile payments applications.

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Proxama has announced a partnership with semiconductor supplier ARM Holdings to create secure payment mechanisms for mobile handsets.

The UK-based partners say they will combine ARM’s TrustZone technology with Proxama’s Mobile Wallet to develop a “highly secure” environment for NFC-enabled mobile contactless payments and mobile internet payments.

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Turkcell, Turkey’s largest mobile operator, has announced the launch of a SIM-based NFC road toll payment application on the Turkcell T11 smart phone.

Developed in collaboration with Bank Asya, the app allows users to migrate their plastic KGS toll payment cards onto their T11 smart phone to pay for fares when crossing bridges and freeway turnpikes.

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The Federal Trade Commission (FTC) has announced that it will hold a workshop on April 26 to examine the use of mobile payments and how this emerging technology impacts consumers.

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