Contactless chip technology provider Inside Contactless is making its Open NFC commercial-grade NFC protocol stack available in a free and open source edition.

Near field communication—NFC—will begin to replace traditional wallets and purses starting in 2011, according to research by SJB Research.

Mobile payments for virtual goods and services sold via online gaming and social-networking sites will continue to grow in 2010, according to a Boku executive.

For years, mobile near field communication has been touted as one of the most promising mobile technologies for the banking industry. Will NFC take off in 2010?

Gemalto, a provider of digital security, announced that its Near Field Communication SIM card products are compatabile with Nokia’s contactless mobile devices.

Near Field Communication software company Zenius Solutions has launched an NFC add-on software product for GSM phones enabling interactive NFC capability on mobile phones currently in market.

New research from Frost & Sullivan predicts that the mobile money market in Western Europe will grow to between $6 and $7 billion.

Citi Tap and Pay, a contactless credit-card payments platform based on Near Field Communications technology, has rolled out in India.

Juniper Research forecasts that one in every six mobile subscribers worldwide will have a Near-Field-Communication-enabled mobile device by 2014 and that NFC represents a $110 billion opportunity.

Mobile coupon redemption revenues will hit $6 billion by 2014, according to a new study by Juniper Research.