The French press was relaying the news yesterday that the 3 French mobile carriers had settled an alliance with major financial institutions to launch a common NFC initiative called ERGOSUM. Now it’s for real, France is the fast mover towards a NFC world in Europe!

So Gemalto just announced their “payez mobile” initiative with five major French banks. In other words, Gemalto is becoming the de facto single TSM (Trusted Service Manager) for financial institutions in France (these five banks probably represent 90% of the retail banking market in France). This is good news for Gemalto, but also for the [...]

Mobile network operator Orange has confirmed it would quickly expand its launch of Near Field Communication services to other cities in France, then to Europe, following its planned rollout of NFC services in the southwestern city of Bordeaux early next year.
Full article in CardTechnology