Blogs

Apple CEO Proclaims ‘Year of Apple Pay,’ Though Offers Few Facts to Back it Up; Yet Platform Provides Twin Breakthroughs

NFC Times Exclusive Insight – In his usual gushing tone, Apple CEO Tim Cook proclaimed 2015 as the “year of Apple Pay,” though he gave few meaningful details on actual use of the new payments platform since it was launched three months ago or on merchant acceptance or Apple’s expansion plans outside of the U.S.

Why it Would Make Little Sense for Google to Buy Softcard, Unless Perhaps it Gets Preloaded App

Google is almost certainly in talks with Softcard to acquire the joint venture from its telco owners, but the question is, what would Google gain from such a deal?

Former Isis CMO: Onerous TSM Requirement Kept Banks Away from Wallet

UPDATED: NFC Times Exclusive – Ryan Hughes, former chief marketing officer for the Isis joint venture, said he recalls sitting in weekly prioritization meetings on Friday afternoons, and when representatives from the mobile carriers that own Isis would ask why the JV was not making more progress in its rollout, he knew where to point the finger.

For One Apple Pay Issuer, It’s All about Ubiquity and Speed

LAS VEGAS, Nev. – After Capital One dropped out of the Isis wallet last year, the large U.S. credit card issuer let it be known that one of the biggest reasons it was snubbing Isis was that it believed it had to cede too much control to the third-party wallet provider. 

How Apple Will Likely Implement NFC Mobile Payments; Hint: TSMs Need Not Apply

UPDATED: There’s little doubt now that Apple will support NFC and mobile payments in its next iPhone. The remaining question is exactly how it will do so.

IPhone NFC Buzz Grows Louder, Could be More than Speculation

There is no confirmation yet that Apple will adopt NFC for the forthcoming iPhone 6, but some sources have told NFC Times they believe there is substance to the rumors that Cupertino is finally ready to adopt the technology this year.

Although Banks are Looking Keenly at HCE, NFC SIM Not Dead Yet

NFC Times Exclusive: While banks gearing up for NFC launches are keenly interested in host-card emulation, as this week’s NFC Times story about planned NFC launches in France notes, a number of banks in France and elsewhere do not plan to wait until HCE is mature enough for commercial rollouts.

Telcos, SIM Vendors Live with HCE; MasterCard Grows Silent on Google Waiver, Weve Deal

With Google’s strong push behind host-card emulation and endorsements from Visa and MasterCard Worldwide, mobile operators, SIM vendors and TSMs are resigned to living with the technology, even publicly supporting it–up to a point.

Backing by Visa Promises Big Boost for HCE, but Many Banks Expected to Stick with Secure Elements for Now

NFC Times Exclusive: Visa seems to be developing a habit of taking a dig at mobile operators right before their showcase event, the Mobile World Congress, which starts next week in Barcelona.

MCX Deal with Paydiant Leaves Gemalto in Limbo

The announcement Wednesday by U.S. merchant group MCX that it is working with U.S. vendor Paydiant for its planned QR-code based mobile-payments service raises doubts of just what role remains for France-based Gemalto.

HEADLINE NEWS

NXP Semiconductors Sues Marvell for Alleged Patent Infringement

Netherlands-based chip maker NXP Semiconductors has filed a patent infringement suit against rival chip maker, U.S.-based Marvell Semiconductor, which claims that Marvell infringed on four of its U.S. patents in chips sold to Microsoft for its Xbox One gaming console.

Spanish Airline Adds NFC Card Tapping to Mobile Booking App

Jan 28 2015

Spanish airline Vueling has added an NFC feature to its mobile application, allowing users to tap a contactless card with an NFC handset to fill in part of their card data, which they could then use to book a flight with the app.

OTI Announces Wave Attachment for Taiwan, but Actual Deployment Small

Israel-based NFC vendor On Track Innovations has announced the deployment of its NFC-enabled Wave smartphone attachment in Taiwan, targeted for the iPhone, though only 10,000 units are being distributed, and Apple has not yet approved an iOS wallet app used with the devices for a planned mobile-payments service by Taiwanese banks, NFC Times has learned.

Year Ahead for NFC: Tokenization, Apple Pay Expansion, HCE Among Trends to Watch

NFC Times Exclusive – 2015 will mark the first full year of Apple Pay and expansion of the payment service internationally, along with the coming of payment wearables led by Apple Watch, and the much needed maturing for host-card emulation and associated tokenization.

Softcard Cuts Jobs, Restructures, in Sign that Telco Owners are Losing Patience with Joint Venture

NFC Times Exclusive Insight – Softcard’s jobs cuts are more severe than earlier reported, and the layoffs are a sign that the mobile carriers making up the joint venture have rejected a 2015 budget proposed by management of the struggling NFC wallet, NFC Times has learned.

NFC Forum Working on Specification for Tags Supporting ISO 15693 Standard

NFC Times Exclusive – The NFC Forum is working on a tag Type 5 specification based on the ISO/IEC 15693 standard, NFC Forum executive director Paula Hunter has confirmed to NFC Times. She did not release a timeframe for publishing of the new specification, however.

Poland Seen as Testing Ground for HCE, Though Timetable for Commercial Launches Uncertain

NFC Times Exclusive Insight – With its high penetration of contactless POS terminals and strong use of contactless cards, payment networks, banks and telcos have seen Poland as a t

Broadcom Announces NFC Chip Aimed at Automotive Market as It Targets IoT

U.S.-based chip maker Broadcom announced it is sampling a new NFC chip targeting the automotive market.

Top 10 Misses for NFC in 2014; Project Backers Look to Recover Momentum in 2015

Jan 7 2015

NFC Times Exclusive – While the NFC industry saw a breakthrough in 2014 with the launch of Apple Pay, the year also was marked by a number of disappointments and missed opportunities.

Banking TSM Joint Venture Announces Launch of Service in Taiwan’s Fragmented NFC Market

NFC Times Exclusive Insight: TAIPEI, Taiwan – Taiwan’s banking joint venture, Taiwan Mobile Payment Co., as expected, announced the launch of its TSM service Tuesday, with at least 32 Taiwanese banks planning to make their Visa- and MasterCard-branded payment cards available to be downloaded and provisioned by the TSM.

Taiwan’s Telco TSM Joint Venture Announces Launch Plans, but Faces Market Challenges

Dec 30 2014

NFC Times Exclusive Insight: TAIPEI, Taiwan – Taiwan’s mobile operator TSM joint venture Thursday announced plans to launch NFC service in the second quarter, following a trial within the next few months–though it remains to be seen when the JV will be ready for a full-scale commercial launch.

RBC: HCE Pilot to Lead to 2015 Commercial Launch; But Bank Says it Will Keep Hybrid Payments Service

NFC Times Exclusive – The Royal Bank of Canada plans a commercial launch of host-card emulation in 2015 following a small employee pilot of HCE payments, but declined to specify a date, head of payments innovation Jeremy Bornstein told NFC times in an interview.