The Isis joint venture expects to have about three payment issuers when it launches NFC service in two U.S. cities next year, with JPMorgan Chase and Capital One among the likely banks, NFC Times has learned.

Substantial rollouts of NFC at the point of sale are still three to five years off, said David Messenger, executive vice president for online and mobile in American Express’ Enterprise Growth unit, though he predicted NFC would eventually become a “big force” in payments and other mob