Contactless Smart Cards, RFID, Payment, Transit and Security

TORO a Sesame finalist

Tuesday, November 10, 2009

TORO, a developer for NFC mobile platforms, has had its product AKAMI selected as a finalist for the Sesames Innovation Awards in the mobile category.

Akami is a mobile software suite that provides a user management system for the distribution to end-users of NFC services, such as payment, transport, loyalty, tickets, and even marketing, CRM, social network, games. Akami is made up of a mobile client, a widget system, a SDK, and a back-office system with APIs for third parties. [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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Collis and Toro have signed a global strategic partnership to offer mobile payment and NFC test services.

According to the companies, Toro will bring its akami suite mobile platform to the partnership, while Collis will offer its various products and services for the NFC mobile payment ecosystem.  

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A recent survey conducted by Wincor Nixdorf shows that a strong majority of French consumers are interested in using fingerprint scanning technology to secure transactions.

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A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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Ed McLaughlin, MasterCard’s head of Emerging Payments, has some good news for those waiting on NFC-enabled phones for contactless payments.

In an interview with Fast Company, McLaughlin said that he didn’t know of a handset maker who wasn’t working on integrating support for PayPass contactless payments.

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The Auriemma Consulting Group (ACG) has announced the launch of its new Mobile Payments Report, a market research service that examines the mobile phone as a payments device, financial managing tool, marketing channel and as a method of engaging with consumers.

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