The GSMA announced that it will hold the new GSMA NFC
& Mobile Money Summit October 22-25, 2012 at the Milano Congressi in Milan.

The GSMA has expanded the scope of its established Mobile
Money Summit event to more prominently showcase NFC and its many applications.
In 2012 and beyond, the event will be known as the GSMA NFC & Mobile Money
Summit.

“NFC is an important innovation for consumers around
the world, and while it is perhaps best known for enabling secure mobile
payments, it will go far beyond to facilitate a wide range of innovative and
exciting new services and applications, such as mobile ticketing, entertainment
services, secure access to hotels, offices and cars, loyalty schemes and
couponing, among others,” said Michael O’Hara, chief marketing officer,
GSMA. 

The NFC & Mobile Money Summit will bring together key
players from every sector of the ecosystem, providing an environment to forge
relationships, expand ideas and foster the growth of NFC and mobile money.

Strategy Analytics said that nearly 1.5 billion SIM-based
handsets will have been sold worldwide between 2010 and 2016, supporting
transactions of more than $50 billion globally over the same period.

ABI Research indicates that 85 per cent of all new point
of sale terminals shipped in 2016 will be NFC-enabled. Last month, more than 45
of the world’s leading operators committed to support and implement SIM-based
NFC solutions and services.

The NFC & Mobile Money Summit will feature two days
of exhibition showcase and conference sessions, augmented by two days of
invitation-only industry meetings designed to create dialogue around the
opportunities and progress for the NFC and mobile money ecosystem. The
conference and exhibition will be held on Tuesday, October 23rd and Wednesday,
October 24th, with additional meetings and workshops being held on Monday,
October 22nd and Thursday, October 25th. 

By Telecomlead.com Team
[email protected]