Near Field Communications Handsets and Tags, NFC Pilots and Projects

Glue4 Technologies rebrands as Proxama to drive smart card, NFC

Tuesday, September 2, 2008

Glue4 Technologies, a UK technology company, has rebranded as Proxama. The company provides solutions for contactless payments, ticketing and loyalty. The rebrand marks the company’s continuation in helping consumers get more from smart cards, NFC, mobile phones, the Web and interactive TV.

Proxama makes its formal entry into the consumer technologies market with a number of clients, including Virgin Mobile, Sky, BT and MasterCard. The company also has a large number of business partnerships helping it to build open and flexible solutions that can be integrated with other service and solution providers. [end] 

MarketsandMarkets has released a new report predicting that the value of mobile payment transactions in the US will reach $56 billion in 2015.

According to the report, “Mobile Payment - Advanced Technologies (NFC), Strategies And Future Of Remote & Proximity Payment In US,” the market for NFC mobile payment in the US is currently in its infancy, with an adoption rate of only 1.7%.

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New analysis from Frost & Sullivan shows that current smart card-based transit projects in growing European and world cities will lead to an 11% Compound Annual Growth Rate (CAGR) in smart card shipment from 2009 to 2015.

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The Smart Card Alliance Transportation Council is holding a meeting on open standards payment for public transportation in New York City on September 22 - 23.

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Singapore’s CITY Tours has introduced a new contactless smart card that allows tourists to tap into various city attractions, according to asiaone.com.

In addition to speeding up lines, the card also gives visitors up to a 45% discount at popular attractions such as Underwater World and the Singapore Zoo.

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Centro, the Integrated Transport Authority for the West Midlands, UK, is inviting local authorities and bus operators to join a framework mechanism intended to drive down the cost of procuring smart cards for public transit systems, according to transportxtra.com.

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The newest software from ENC Security Systems, Encrypt Stick 4.3, now enables users to protect secure and manage their digital files by turning any Flash Drive into a portable Digital Privacy Manager.

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