Tampilkan postingan dengan label Mobile payment. Tampilkan semua postingan
Tampilkan postingan dengan label Mobile payment. Tampilkan semua postingan

Jumat, 20 Mei 2011

NFC Resources: White Papers, Analyst Reports and Videos

22.33  Aljinet  No comments


White Papers


Mobey Forum has released a white paper which examines the role of the secure element in advancing the mobile financial services ecosystem.  


Executive Summary
Security is one of the fundamental elements of any payment solution. Financial Institutions increasingly seek to mitigate the risk of fraud in order to protect their customers and hence their own payment franchise. Enhanced security on plastic cards requires a so-called "Secure Element (SE)" - like a chipcard - to store the bank's payment credentials (security keys) and other critical data. One example is the introduction of "Chip and PIN" (EMV chip-based security) on cards in Europe to replace magstripe-based systems. While the direction for plastic cards seems clear, the Industry is looking for ways to secure Mobile Payments at a comparable level. The question is then, which SE in the mobile handset is available to facilitate the mass-market introduction of secure
mobile payments? Mobey Forum has taken this topic as a subject of the current White Paper. It elaborates on the question how different Secure Elements (SEs) can enable Financial Institutions (FIs) to offer Mobile Financial Services (MFS) and hence empower the take-off of the MFS ecosystem. It is targeted at business managers in Financial Institutions. For them, it strives to clarify the business implications of the various technical SE alternatives. 

The Benefits of Mobile NFC for Air Travel
GSMA and IATA have joined forces to develop this initial common understanding of the opportunities that mobile NFC could bring to the air-traveler.  


This document identifies the  benefits that Universal Integrated Circuit Card (UICC, also known as the “SIM card”)-based, mobile Near Field Communications (NFC) services can bring to the airline industry, airport authorities and the air-traveller. GSMA and IATA have joined forces to develop this initial common understanding of the opportunities that mobile NFC could bring to the air-traveler. This forms the basis for future collaboration to 
develop the ideas and concepts presented in this document. Six different use cases have been defined where mobile NFC can bring great benefits to the airlines, airport authorities and the airtraveller, namely: 

  •  Passenger check-in
  •  Baggage check-in
  •  Security check-point
  •  Lounge access
  •  Boarding 
  •  Post-flight

Each use case is introduced and the benefits to each party defined.This will form the basis of further, more detailed, collaborative work to be conducted by GSMA and IATA. The primary focus of the white paper is on the improvements brought by mobile NFC to airline and airport operations and the benefits that innovative services can bring to the customer’s journey 

Trusted Service Management: The Key to Accelerating Mobile Commerce
As major players struggle to define their roles in the emerging mobile commerce ecosystem, how they enable one critical service will make all the difference between slow and rapid acceptance of mobile commerce by consumers. 
NFC (Near Field Communication) chip: NFC chips enable mobile devices to send account information to contactless payment readers at customer check-outs and other points of sale. These NFC chips can also read 
information stored in contactless-enabled tags placed on objects such as advertising collateral and consumer products 
Secure element: The secure element is a smart card module (USIM, embedded secure element or separate secure element like a secure SD memory card) used for storing and accessing applications and data in a 
secure manne
Mobile payments – Keep Moving
Capgemini presents an approach for financial institutions to seize the opportunities presented by emerging mobile payment technologies.
Mobile Retail Initiative
In order to help retailers adapt to the new technology, the National Retail Federation has launched its Mobile Retail Initiative to offer best practices and learning opportunities for retailers entering the mobile space.
Proximity Mobile Payments: Leveraging NFC and the Contactless Financial Payments Infrastructure
Smart Card Alliance:  Now, virtually every industry group involved in the transaction chain is investigating the use of mobile payments. And mobile payment will soon be a standard transaction method for payment in many North American merchant locations.
European Payments Council (EPC) publishes NFC white paper
EPC has published a white paper which examines the ways in which NFC technology could be used to deliver compatible mobile phone-based payments services across the 32 countries of the Single Euro Payments Area (SEPA).
Near Field Communication Forum’s White Paper on Use of NFC in Public Transport
Produced by NFC Forum members who are involved in the transport ecosystem, the 33-page illustrated White Paper will be of interest to transport operators, transport authorities and other stakeholders, offering an introduction to the potential uses, benefits, and setup of NFC technology in public transport programs.
Analyst Reports
The 110-page report explores how stakeholders can unite to exploit this growth market and substantially increase revenues in the coming years.
U.S. Mobile Payments: The Time Has Come
A new report from Aite Group provides a roadmap to mobile payments in the United States.
Lessons from the Mobile Payments Leader: What the World Can Learn from the Japanese Market
Using the Japanese model, Celent identifies ways for the US and other countries to learn how to lay the groundwork for faster, more successful implementations of mobile NFC payment solutions.
Cell Phone Mobile Payment Market Set for Take Off
Global usage of near field communication (NFC) technology in cell phones is expected to begin an explosive growth phase starting next year, paving the way for a boom in the mobile payments business.
Case study: Mobile payments – Keep moving
Mobile payments are a hot topic of conversation right now. One of the major international card providers, Visa Europe, has added its significant weight to the discussion by announcing a tie-up with mobile payments specialist, Monitise.

Videos

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Rabu, 18 Mei 2011

ISIS Mobile Wallet Likely to "Officially Launch" in 2012

19.00  Aljinet  No comments


by Elizabeth Woyke - Forbes, cross posted from Near Field Communications
May. 17 2011 – 7:06 pm
If ISIS, the mobile payments joint venture established by AT&T, T-Mobile USA and Verizon Wireless late last year, achieves its goals, it will be the way most Americans pay for purchases with their cellphones. So, just how will this service work?

How ISIS mobile transactions will work, on the phone
Forbes recently got a preview of the ISIS “mobile wallet” application, which will likely officially launch in 2012. The app will come preloaded on compatible phones, either as part of their removable “SIM” cards or elsewhere in the phone’s hardware. The handsets need to be equipped with chips that support the wireless communication technology Near Field Communication (NFC). For now, the app only works with phones that run on AT&T, T-Mobile and Verizon’s networks though ISIS says it would welcome the inclusion of other U.S. carriers, including Sprint Nextel.
As its name implies, the ISIS app functions like a digital version of a wallet. It stores credit and debit card information in the form of digital card images that can be sorted and swiped with a finger. Tapping on a card calls up relevant data, such as the amount of money available, current balance and credit line information. Users can also view the transaction history related to that card.
Since ISIS also aims to be a full mobile commerce platform, capable of serving up mobile coupons and storing loyalty program information, the ISIS app also keeps track of retail reward cards. In the app’s current permutation, loyalty cards are stored at the bottom of the app’s screen while credit and debit cards inhabit the top. ISIS Chief Executive Michael Abbott says the firm plans to install NFC readers near store doors so consumers can scan their phones (and loyalty cards) as soon as they enter shops. That would allow shoppers to receive coupons targeted to their interests on their handsets while they browse.
The app also includes one-touch shortcuts for adding and enabling new cards, deleting cards and accessing a “help” directory. To make a purchase, shoppers will need to select a card to use, then wave their phones near NFC readers.
Though the app is considered (and called) the ISIS mobile wallet, ISIS will not handle payment transactions. Instead, payments will be routed over a bank or credit card company’s network, depending on the card being used. ISIS simply provides a “top-level, secure container” for the card data, says Abbott.
The ISIS wallet will also be a container for various widgets that will be able to deliver offers, coupons and other messages to users. Abbott says each financial institution and merchant that signs on to ISIS’ system will be able to host its own widget or app within the wallet. The three carriers backing ISIS (AT&T, T-Mobile and Verizon) can also host widgets/apps in the ISIS wallet, but Abbott says the operators will not get preferential treatment or placement. Independent companies like Groupon could also have a widget.
The structure has some interesting ramifications. One is that ISIS — and, by extension, the carriers behind ISIS – won’t know what its users are buying. Once a consumer taps on a card in the wallet, the app shifts to the corresponding bank’s “space.” “That information is routed to the banks,” says Abbott. “We’re not trying to intercept it.”
That should bode well for the security of ISIS mobile wallet transactions but it appears to shut the carriers out of the lucrative business of mining purchase data to direct personalized marketing and advertising offers to users. Abbott concedes that ISIS would have liked to own that information but says users may have objected to the practice and banks certainly would have. “Banks do not want outside people to have that information,” says Abbott. “They consider it proprietary.”
The upshot is that even though ISIS is supported by companies that are big brands and have direct relationships with millions of consumers, ISIS itself is a “B2B2C” company, i.e. a company that supports companies which in turn work with consumers. “We support other people’s consumers; we don’t own the consumer ourselves,” notes Abbott.
ISIS considered other options that would have allowed it to play a different role, such as condensing credit cards down to their 16 digits and redirecting those numbers “to the cloud”, where they could be routed around the card issuers. The firm also debated developing a new technology protocol that would let a user save all of his card data with ISIS and sidestep bank security. ISIS also thought about employing NFC stickers similar to California startup Bling Nation. But since each of those ideas presented security or cost hurdles, ISIS ultimately decided to pursue an open platform model.
The model, naturally, still bakes in some advantages for ISIS and its investors. Any business – bank, merchant or otherwise – that wants to be part of the mobile wallet will need to pay for inclusion. Abbott declined to share the exact revenue structure but contends that ISIS’ system “creates a substantial amount of value” for its partners that they, in turn, will be happy to pay for. “If you don’t try to hijack the card data, you can really build a [mobile commerce] ecosystem,” says Abbott. “And that’s what the merchants and banks really want.”

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