Bank technology

Six Handset Manufacturers Agree to Isis NFC Standards

By Jackie Stewart

Published September 27, 2011, 5:17 p.m. EDT

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Updated September 27, 2011, 4:17 p.m. EDT

1 Min Read

Isis announced on Tuesday that several companies will launch mobile devices that implement its NFC and technology standards.

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HTC, LG, Motorola Mobility, RIM, Samsung Mobile and Sony Ericsson will introduce the NFC-enabled mobile devices. NFC-enabled phones would allow Isis consumers to make payments, store and present loyalty cards and redeem offers at participating merchants with the tap of their phones.

Isis, a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, is working to develop an open mobile commerce platform that aligns the interests of stakeholders and provides consumers with security. It is also working with DeviceFidelity to add NFC functionality to mobile devices that are not NFC enabled.

Executive Editor

Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and... Read full bio

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Bank technology

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