Features Section

Some Banks Continue to Look for Alternatives to SIM-based NFC

By: 
Dan Balaban

While mobile operators continue to push for the SIM card to become the de facto secure element in NFC phones, some banks and other service providers are still seeking alternatives.

South Korea Takes Lead Globally in NFC Rollouts with Millions of Phones and SIMs

By: 
Dan Balaban

While mobile operators in most other countries are still struggling to roll out even scant volumes of NFC phones that can do payment, ticketing and other applications, South Korea’s telcos have already crossed the 5 million-phone mark–including NFC versions of such high-profile devices as the Samsung Galaxy S II and Galaxy Note.

The Year Ahead for NFC: Major M-Commerce Rollouts Unlikely Until 2013

By: 
Dan Balaban

2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived–with Google Wallet rolling out widely, mobile operators in the U.S. and Europe making significant inroads with their own mobile wallets and big Asian m-commerce players generally commercializing NFC, as well.

Maker of Rugged Phones Enters NFC Market; is Its Price Right?

By: 
Dan Balaban

Sonim Technologies, the maker of rugged work phones, has introduced its first NFC-enabled handset, betting that cleaning companies, security guard firms and home-health care agencies are ready for a more durable–and higher-priced–NFC phone for workforce management.

UK Contactless to Reach a Tipping Point in 2011?

By: 
Dan Balaban

Contactless payment continues to grow rapidly in the United Kingdom, but transaction volume is still low, and it remains open to debate whether 2011 will be a tipping point for the technology.

Report: Vast Majority of Consumers Will Need Push to Use NFC Payment

By: 
Dan Balaban

Fewer than 2% of consumers are “highly likely” to adopt NFC payments immediately after the technology is rolled out, according to UK-based research firm Datamonitor.

Analysis: Quick Tap Launches Fast but Expect Slow Take-up

By: 
Dan Balaban

Mobile operator Orange UK and payment issuer Barclaycard face challenges as they seek to get their “Quick Tap” service off the ground, say UK analysts.

Infineon to Focus on Market for NFC Secure Elements

By: 
Dan Balaban

Germany-based chip maker Infineon Technologies has no plans to join its rivals in producing NFC chips–instead focusing on secure elements that can store payment and other applications in NFC phones.

M-Pesa Mobile-Money Service to Use NFC? Not Anytime Soon

By: 
Dan Balaban

The business development lead for Vodafone Group’s mobile payment solutions unit, which runs the popular M-Pesa mobile funds-transfer service in Kenya, said the telco has no plans to introduce NFC to the offer.

In Open-Loop Drive, Transit Agencies Can’t Leave Unbanked Behind

By: 
Tom Zind

With Transport for London’s recent announcement confirming it would be the first big transit authority to accept bank cards for bus and metro fares, momentum continues to build for other large transit authorities to go to open-loop payment.

HEADLINE NEWS

Transport for London Proposes Extending Licensing Deal with Cubic for Open Payments Technology

NFC TIMES Exclusive Insight – London transit authority Transport for London is proposing to extend an agreement with U.S.-based fare collection system vendor Cubic Transportation Systems to license the authority’s technology used in its pioneering contactless open-loop payments system.

Fitbit Pay Launches in 21st Market, Though Issuer Numbers in Most Markets Remain Small

NFC TIMES Exclusive Insight – Fitbit Pay has entered its 21st market, with the launch this week in Thailand with two of the country’s top four banks, Kasikorn Bank and Siam Commercial Bank, along with credit card issuer Krungthai Card, or KTC, supporting the digital payments service.

Denmark’s Largest Bank Pilots Own Payments Wearables, Choosing Low-Tech Option Over Apple Watch

Oct 13 2018

NFC TIMES Exclusive Insight – Danske Bank, Denmark’s largest financial institution, is pitting its planned low-tech FastPay payments wearables against Apple Watch and some other higher-end wearables using tokenization, as it launches a large pilot starting this month in Denmark, Sweden and Norway.

Study: Apple Pay Dominates Mobile Payments Among Debit Card Users in U.S., Though Volume Remains Low

NFC Times Exclusive Insight ­– New research shows that Apple Pay continues to dominate mobile payments services for bank cards in the U.S., although transaction volume is still low.

NFC Student ID Cards Launch in Apple’s Wallet, Though Progress Remains Slow for Apple to Add Nonbank NFC Applications

Oct 12 2018

NFC TIMES Exclusive Insight –Three U.S. universities Tuesday launched NFC-enabled ID cards in Apple’s Wallet, with Apple confirming that only three more U.S.

LA Metro Plans NFC-Enabled Mobile App for TAP Card But Holds Off on Open Payments

NFC TIMES Exclusive Insight – The Los Angeles County Metropolitan Transportation Authority, or Metro, plans to introduce mobile payments using NFC phonesbut only supporting its closed-loop TAP fare payments service, not open-loop payments, NFC Times has learned.

Chinese Wearables Makers Begin to Introduce Low-Cost Devices Supporting NFC Payments

NFC TIMES Exclusive Insight – A new smartwatch from low-cost Chinese wearables maker Huami and the latest fitness band version from Huami’s major investor and partner, Xiaomi, both support transit and retail payments–making them among the first budget smart wearables devices supporting NFC payments.

In-Depth: San Francisco’s $461 Million Transit Contract Will Support NFC Ticketing but Not Open-Loop Contactless Payments

NFC TIMES Exclusive Insight – A planned US$461 million contract to upgrade and operate the Clipper fare collection system in the San Francisco Bay Area will include account-based ticketing and a mobile app that will enable customers to tap for rides with a closed-loop virtual Clipper card on NFC-enabled smartphones.

Apple Drops Requirement to Have App Open for Tag Reading

NFC TIMES Exclusive Insight – Apple has relaxed its approach to NFC tag reading in its new iPhone Xs, Xs Max, and Xr models, removing the requirement to have a reader application open in order to use a tag. It calls the feature Background Tag Reading, and it offers essentially the same functionality that Android devices have had for years.  

Fossil Expands Support for NFC Payments, as It Continues Push into Smartwatch Market

NFC TIMES Exclusive Insight – U.S.-based Fossil Group is pushing deeper into the smartwatch market, as it seeks to diversify from the financially strapped traditional watch market. Among the apps Fossil is offering on several new smartwatch models are Google Pay and Alipay, the latter in China.

Google Expands Payments Service in India, Targeting Projected $1 Trillion Digital Payments Market

NFC TIMES Exclusive Insight Google, its eye on India’s projected US$1 trillion digital payments market in five years, has rebranded its Tez payments service to Google Pay and is planning to expand its services, including to Gmail-based payments and, later, NFC.

Fitbit Unveils First Non-Smartwatch Supporting NFC Payments Service, but Progress of Device Rollout Slow

Oct 13 2018

NFC TIMES Exclusive Insight ­– U.S.-based wearables maker Fitbit in November plans to release its first non-smartwatch supporting its payments service, Fitbit Pay, with the recent unveiling of its new health and fitness tracker Charge 3–but as with its Versa smartwatch, released in April, the NFC payments feature will only be available on a “special edition” version of the tracker in the U.S. and likely in some other markets.