Blogs

Forget Apple; Waiting for Android and Symbian

Anssi Vanjoki is reportedly the man who chose Nokia’s signature ring-tone–once so ubiquitous it was difficult to get through a day without hearing it several times, chiming from subscribers’ pockets.

An NFC-Enabled iPhone? Likely to Wait Until Next Year

Two prototypes of the planned fourth-generation iPhone have now leaked out, and that is not counting the white front panel believed to belong to the next iPhone that surfaced in Taiwan last week.

Apple Buying Vivotech? When Rumors Get Out of Hand

Well, it started small, as these things usually do.

In the Case of the Missing iPhone, No Word on NFC

While Apple has retrieved the prototype of its fourth-generation iPhone that a careless engineer apparently left on a bar stool in the Silicon Valley hamlet of Redwood City last month, there are no reports yet of how the company is going to prevent similar screwups.

How Long Can DoCoMo Resist A Move to NFC?

It is coming up on six years since NTT DoCoMo launched the first of its contactless wallet phones, and we have to conclude that the rollout has not been successful.

From Bangalore Bounce to Skins in America?: Citi Keen To Launch M-Payment

U.S.-based Citigroup recently made a big deal out of the results of its large NFC trial held in Bangalore, India, last year, which showed transactions soared­–by as much as 329% among one subset of users.

Innovation-Unit Overhauls: Visa and MasterCard Retool to Stay Competitive

For at least the past six months to a year, the big card networks, Visa Inc. and MasterCard Worldwide, have been reorganizing their innovation teams–much of it behind the scenes–as they try to avoid missing out on the opportunity offered by mobile payment.

Visa Goes Outside the Organization for Its New Head of Mobile

The fact that Visa Inc. went outside the organization, and outside the bank-payments industry entirely, for its new head of mobile says much about the scant progress Visa has made in its mobile initiative the past couple of years, according to observers.

Big U.S. Telcos and Banks Pursue M-Payment Separately

If there is one thing the big U.S. telcos and banks seem to agree on is that it’s possible to roll out contactless-mobile payment in America without working together.

Some Details Yet To Be ‘Discovered’ About U.S. Telco M-Payment Plans

In the competitive U.S. mobile market, the big carriers, especially the top two, Verizon and AT&T, are not above calling out their rivals by name in television commercials–rather frequently, in fact–pointing out the inadequacies of the other’s network while promoting the advantages of their own.

HEADLINE NEWS

Target Shuns NFC and Apple Pay as Expected with New Wallet; Service Features Private-Label Card

NFC TIMES Exclusive Insight – Target has added its long-anticipated 2-D bar code-based wallet to its mobile app, following rival Wal-Mart Stores in launching its own payments service and shunning NFC and contactless, as expected.

Belgian Domestic Debit Network Seeks to Expand Use of Mobile Payments, Though Consumer Habits Hard to Break

Dec 1 2017

NFC TIMES Exclusive Insight – Belgium’s domestic debit network Bancontact is offering both QR code and NFC-based mobile payments services with 20 banks in the country, as backers seek to expand use by consumers of mobile and contactless payments, which each make up only around 1% of total Bancontact transactions.

Korean and Taiwanese Banks Test Loyalty Points Exchange Using Blockchain

NFC TIMES Exclusive Insight – KEB Hana Bank of South Korea and Taishin International Bank of Taiwan have demonstrated the transfer of bonus points and purchase of coupons using Blockchain technology, with KEB Hana Bank planning to launch initial service for visitors to the Winter Olympics next February in Pyeongchang, South Korea.

Norwegian Banks Move to Defend Against Global Tech Giants by Uniting Payments Services

NFC TIMES Exclusive Insight –  The “Pays” wallets, such as Apple Pay and Android Pay, have not yet launched in Norway, but Norwegian banks are not waiting for tech giants Apple and Google or other outside behemoths, such as Facebook, to try to gain a foothold.

Shared and Limited-Use Tokens and Other Changes: Tokenization 2.0 Explained

NFC TIMES Exclusive Insight – The second version of EMVCo’s payment tokenization technical framework adds two new token use cases aimed primarily for e-commerce and in-app payments, along with a few new assurance and authentication features, but much of the focus of the version 2.0 has been on restructuring and clarifying issues from the first version of the tokenization framework released more than three years ago, according to EMVCo in a webinar.

First Data Expected to Begin Tokenizing Mastercard-Branded Cards Next Year; Visa More Restrictive

NFC TIMES Exclusive –  Big U.S. acquirer and processor First Data plans to generate its own tokens for Mastercard-branded card accounts next year, NFC Times has learned, and a source says First Data is also in discussions with Visa to do the same, but Visa may not allow the processor to tokenize Visa-branded cards in place of the network’s own Visa Token Service.

Visa Launches Program to Promote Contactless Transit Payments

NFC TIMES Exclusive Insight – Visa has formed a unit to promote use of Visa-branded contactless cards and accounts on NFC phones and other devices, seeing an opportunity to expand on the success of open-loop fare collection in London and plans for the move by transit authorities in a growing number of cities, including New York, to accept contactless credit, debit and prepaid bank cards for fares.

USA Technologies Seeks to Bolster Services, Markets with Acquisition of Cantaloupe Systems

NFC TIMES Exclusive Insight – Unattended point-of-sale vendor USA Technologies expects to close its $85 million deal to acquire competitor Cantaloupe Systems next week, telling NFC Times the deal will add to USAT’s suite of services and expand its international reach.

Orange Cash Gets New Life as Part of Orange Bank App

NFC TIMES Exclusive Insight – As expected, Orange will continue offering its NFC-enabled Orange Cash Visa-branded card with the launch of its Orange Bank mobile service.

First HCE-Enabled JCB Cards to Hit Market in Taiwan in First Quarter

Nov 14 2017

NFC TIMES Exclusive Insight – Japanese credit card company JCB will participate early next year in a mobile wallet from the Taiwan Mobile Payment banking joint venture, marking the first time JCB will support host card emulation in a mobile payments service.

Canadians Take to Contactless Cards, but NFC Wallets? Not So Much

NFC TIMES Exclusive Insight – While a well-developed contactless card and POS terminal infrastructure and strong consumer take-up of contactless card payments has often been touted as the gateway to use of mobile payments, that is often not the case. Take Canada, for instance.

New York Approves Delayed Contract for Contactless Fare Collection, Clearing Way for Rides with NFC Wallets

NFC TIMES Exclusive Insight – The New York Metropolitan Transportation Authority board has approved a long-anticipated contract to enable riders to pay with contactless credit and debit cards, including cards loaded into NFC mobile wallets, by 2019–the largest transit authority to do so since Transport for London launched open-loop fare collection in late 2012.