News for hackers. Stuff that matters.
Re:2012 Will Be The Year NFC Breaks Big--Just Not In The U.S. by oconnore on Tuesday November 15, 2011 @09:08PM (#3241387)
Basically the 'card' is in your phone, which has a battery and a CPU, so it can secure the communication of your identity which is tied to your bank information.

The radio frequency is identical.

Re:2012 Will Be The Year NFC Breaks Big--Just Not In The U.S. by icebraining on Tuesday November 15, 2011 @10:51PM (#3241655)
Yeah, but in the article they talk about the Octopus, which is a real card instead of a phone, as an NFC device.