Contactless Smart Cards, RFID, Payment, Transit and Security

PYMNTS.com covers 'Mobile Payment Wars'

Thursday, January 28, 2010

PYMNTS.com, a joint venture between Berkshire Hathaway’s Business Wire and Market Platform Dynamics that promotes the companies, products and people that drive “what’s next” in global payments, has announced the launch of the Mobile Platform Wars briefing room - a place where participants from across the payments sector can voice their views on how mobile payments will be adopted and in what timeframe.

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Research and Markets announced the addition of Polasik Research’s contactless payment cards market report, “The Global Contactless Payment Cards Market”, to its offering.

The report describes the evolution contactless payment methods used at point-of-sale, with reference to the solutions offered under the American Express/MasterCard/Visa Agreement. The report also examines the prospects for the development of contactless payments all over the world, including the potential to develop into NFC-based mobile 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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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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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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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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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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