Up to 25 Million US Mobile Phones Could Also be Mobile Wallets by 2011


Up to 25 Million US Mobile Phones Could Also be Mobile Wallets by 2011 As many as 25 million wireless phone subscribers in North America could be using their mobile phones as mobile wallets by 2011 The business model is more versatile than that proposed and failed in the 90's. Unlike M-commerce, the mobile transaction concept touted in the 1990s that never took hold, the mobile wallet is a much more versatile application that includes elements of mobile transactions, as well as other items one may find in a wallet, such as membership cards, loyalty cards, and other forms of … Continue reading Up to 25 Million US Mobile Phones Could Also be Mobile Wallets by 2011

Consumers like convenience of contactless m-payments, study shows


This is an important study for Banks and credit card companies. Payments using contactless cards are merely held over the payment device, versus the traditional method of "dipping" the card into the device, similar to an ATM. Finextra: Consumers like convenience of contactless m-payments, study shows Consumers like the convenience and ease of making transactions with their mobile phones, according to a new usability study of near field communication (NFC) and contactless payment technology released by Royal Philips Electronics and Visa International. The conventional view has been that cards would transition from mag stripe plastic into chip plastic, then evolve … Continue reading Consumers like convenience of contactless m-payments, study shows

It’s important that we all know who you are


It’s important that we all know who you are – Jobs – Times Online

WHO are you, as those giants of existentialism The Who once asked. It’s a simple but pertinent question, and one that is increasingly being followed by another: can you prove it?

Identity is a hot topic and it has the photo card to confirm it. Everyone wants to know who you are, what your mother’s maiden name is and whether you know your PIN code.
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Axalto Declares World s First Commercial Deployment of Microsoft .NET-based Smart Card


Axalto : News – Axalto Declares World’s First Commercial Deployment of Microsoft .NET-based Smart Card

Cryptoflex .NET powered Card from Axalto Makes Smart Cards Easier to Deploy

Amsterdam, November 16, 2004 – Axalto (Euronext:NL0000400653 AXL) announced today the first commercial deployment of Axalto’s .NET-based smart cards to help secure access to Microsoft’s corporate network. Axalto’s Cryptoflex .NET powered smart card is a secure, ultra-miniature personal computing technology that runs a small footprint version of the .NET Framework. The .NET-based smart card provides customizable two-factor authentication as well as full cryptographic capabilities, seamlessly via the standard Microsoft .NET programming tools and interfaces. Microsoft marks the first enterprise deployment of the .NET-based smart card.
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Nokia releases phone shell for contactless payments


Finextra: Nokia releases phone shell for contactless payments

Nokia has released a shell for its series 3220 mobile phone that will enable consumers to use the hand set for making contactless payments.

The shell uses near field communications (NFC) technology and allows customers to make payments by pointing the phone at a point-of-sale terminal. Payment information, such as debit and credit card details, is stored in an integrated smart chip in the shell.
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