According to Apple's post, the new NFC API will also be available ... other contactless transactions using the iPhone's Secure Element. This dedicated chip is what Apple Pay utilizes.

Broadcom on Monday announced the BCM2079x family of NFC chips which it hopes will spur the mass adoption of NFC. The 40nm-based chips are smaller and are reportedly the most power efficient ...

Do you have an iPhone or Android phone ... and it tries to replicate this with the Bookcase by adding an NFC chip inside. With the companion Bookcase app, users can configure it to launch their ...