Volume: 6 Issue: 8
(August 2012)
Keywords:
nfc
emerging
nfc
ecosystems
life
without
cash
near
field
communication
technology
mobile
wallet
blighted
security
flaws
much
consumer
uptake
Near Field Communication technology and the mobile wallet, have been blighted by security flaws, so much so consumer uptake has been slow, even in the face of the Google wallet. Despite this shaky start many commentators still see contactless payments as the future. Rob Brown, IT Manager at Le Pain Quotidien, previously responsible for the roll-out of Near Field Communication technology at a retail outlet in the UK, discusses the benefits and challenges posed by Near Field Communication technology and what can be done to increase consumer uptake in 2012.
Q&A: Marc Brûlé discusses the Canadian Royal Mint's MintChip project
Q&A: FinCEN and virtual currencies: the coming of clarity and ambiguity Q&A: Tony Anderson, Partner at Pinsent Masons, on the new regulator for the UK payments systems sector Q&A: O2's move into mobile commerce Q&A: Sarah Carter, General Manager, Social Business, at Actiance, about banks on social media Interview with Joseph I. Rosenbaum, Partner at Reed Smith LLP, on mobile payments & financial institutions