Apple abused its dominant position in mobile payments, says EU
The European Commission has informed consumer tech giant Apple that it has formed a ‘preliminary view’ that it abused its dominant position in markets for mobile wallets on iOS devices.
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NYC public transport finally gets the mobile payments memo
Despite the US being the leading voice in the technology industry, adoption of some pretty well-established technologies has been lagging across the country.
KT and Nokia will join hands to launch first ‘true’ 5G this month
Korea’s mobile operator KT is going to launch nation-wide 5G service this month and will collaborate with Nokia to provide services and tools for the business and the public sectors.
Giesecke+Devrient lands Swatch contactless payment gig
Mobile security company Giesecke+Devrient is helping Swiss watch company Swatch with its own contactless payment technology.
Is mobile payment going too far when cash has become unacceptable?
When mobile payment with smartphones has become the means of choice at retail outlets, the central bank of China needed to remind businesses they should not reject cash payment.
Contactless payments ramp up in 2017
Following the announcement WhatsApp will enter into the mobile payments arena, new estimates from Juniper Research claims Apple Pay contactless users will nearly double over 2017.
Qualcomm spends $47 billion on NXP for car, IoT and NFC chips
As rumoured mobile chip giant Qualcomm has decided to accelerate its diversification by dropping $47 billion on Dutch chip-maker NXP.
Apple Pay UK launch marred by bank no shows
Apple Pay launched in the UK without the participation of most of the major banks, including HSBC, which was listed as a launch partner, but this morning faced customers taking to social media to complain that they can’t use the app.
Barclaycard expands wearable payment devices portfolio
UK financial services provider Barclaycard has announced an expansion of its bPay contactless payment platform, with the addition of three new wearables and a refreshed portal.
Ericsson partners with Verifone on mobile money in emerging markets
Kit giant Ericsson has announced a partnership with Verifone Mobile Money to offer its customers a broader range of mobile payment tools for emerging markets.
Qualcomm integrates NXP NFC chipsets into Snapdragon platforms
US mobile chip giant Qualcomm will integrate NFC and embedded secure element (eSE) technologies from Dutch silicon company NXP in its Snapdragon reference designs.
Vodafone Wallet to offer contactless card payments
Vodafone Wallet users will soon be able to make contactless card payments with their smartphones, the operator has announced. The telco has entered into partnerships with financial services firm Visa and transaction technology provider Carta Worldwide to offer the NFC SIM-based solution through the Vodafone Wallet app.
Mobile money market to be worth $78 billion by 2019 – report
The global mobile money market will be worth $78 billion by 2019, according to research by MarketsandMarkets. The report, titled Mobile Money Market- Global Forecast to 2019, claimed the market will grow at an annual compound growth rate (CAGR) of 44.6% from last year’s total of $12.34 billion.
NXP says industry needs to ensure IoT is both simple and secure
Jeff Fonseca, the Regional Sales Director, Americas at chip vendor NXP has told Telecoms.com the entire telecoms industry needs to focus on ensuring the IoT delivers real value to consumers. Talking at the Mobile World Congress 2015, Fonseca said that while IoT has become an industry buzzword, the security and user simplicity of connected devices should be of paramount importance.
Gemalto insists state hacking story more about privacy than security
Speaking to Telecoms.com at Mobile World Congress 2015 Remi de-Fouchier, Marcomms VP of Gemalto’s telecom business unit, insisted the issues raised by the latest round of Snowden revelations are more to do with privacy than security.
Apple fails to make compelling case for expensive Watch
Apple added a bit more substance to its Apple Watch announcement, ahead of its impending launch, at an event in California. However the unique qualities expected by many to significantly differentiate this Apple wearable from the many others already announced were conspicuously absent.
CaixaBank launches Gemalto-powered NFC mobile payment wristband
CaixaBank, one of Spain’s largest banks, has moved into the wearable payment technology space with the launch of an NFC-enabled wristband capable of making contactless payments. Security vendor Gemalto has supplied its Optelio Contactless MiniTag, which links the wristband to the user’s existing payment card.
EE extends Cash on Tap contactless mobile payments to London Underground
Transport for London (TfL) has extended contactless payment support to the full Oyster network and operator EE has expanded its mobile micropayment service accordingly.
Financial community cautiously positive about Apple Pay
Apple may have lined up the chief executives of Bank of America and JP Morgan Chase to laud the launch of Apple Pay, but reaction from the wider industry was more muted.
Apple has first interesting product launch for four years
Apple has been in a holding pattern for the past three years and has finally revealed a bunch of stuff it has been working on for a while. The two new phones feature the first major industrial design overhaul since the iPhone 4 and the Apple watch seems likely to significantly raise the bar in the wearables category. But the most significant announcement is probably Apple Pay, not just for Apple, but for the catalysing effect it could have on mobile commerce on the whole.
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