While Apple has finally seen the light on near field communication with the technology's inclusion in the new iPhone 6 models, NFC-enabled smartphones have been around for a while. In fact, there are 278 million NFC-enabled in circulation, up 300 percent from 2011.
In its much ballyhooed Sept. 9 event, Apple unveiled two new iPhone models, the Apple Watch and its Apple Pay mobile payments system, which CEO Tim Cook proclaimed as an "entirely new category of service" for the high-tech innovator. In Japan, at least, the reaction to Apple Pay was, "What took you so long?"
While the audience at the launch of the Apple Watch Tuesday was widely enthusiastic, Dick Tracy for one will be disappointed. It doesn't appear you can make phone calls with the snazzy, sparkling new smartwatch without the latest iPhone nearby.
Various reports point to a failure in Apple's iCloud security system, ultimately leading to the leak of several celebrities' personal photos to the Internet. The flaw appears to be with iCloud's Find My iPhone service, explains Owen Williams with The Next Web.
Apple will equip the iPhone 6, expected to be announced on Sept. 9, with a near field communications (NFC) chip to enable mobile payments, reports Wired, citing sources familiar with the device.
Digital payments--mobile, online and contactless--are forecast to almost double in transaction value by 2019, according to the latest data from Juniper Research.
The increasing demand for wireless connectivity is fueling shipments of wireless chipsets, which ABI Research forecasts will reach nine billion units in 2019.
Check out the hottest mobile IT news for May 20, including the NFC predictions about the latest iPhone, the future of the M2M industry, the pervasion of the Internet of Things, How mobility has changed all aspects of retail and why Hong Kong is one of the most mobile places on Earth.
In another blow to adoption of near-field communications for mobile payments, Best Buy and 7-Eleven are shutting down NFC capabilities at their retail stores, according to a report by Mobile Commerce Daily.
A number of emerging technologies are vying to revolutionize the payments industry by providing a seamless mobile experience at the point of sale. Much has been made of the Bluetooth vs. near-field communications, or NFC, faceoff, but there appears to be another rising challenger: biometrics.