Latest News

RadioShack CIO: Apple Pay Succeeds Where Google Wallet ‘Flopped’

MELBOURNE, Australia – NFC Times Exclusive: U.S. retail electronics chain RadioShack is seeing 10% of its transactions from Apple Pay in its stores equipped with contactless readers, Michael Carper, CIO for the financially troubled retailer said.

Samsung to Work with Established Trusted Service Managers for Samsung Pay

NFC Times Exclusive Insight – Samsung is hiring established TSM vendors to assist with the provisioning and secure element management for its forthcoming Samsung Pay service, at least in some markets, sources told NFC Times.

Profits Remain Elusive for Contactless Reader and NFC Tech Supplier OTI

NFC Times Exclusive Insight – Israel-based On Track Innovations reported continued negative adjusted EBITDA and didn’t announce any new major reader sales during a recent conference call to discuss the company’s first quarter earnings. Despite a recent patent case win, investors appear to be getting impatient.

Oberthur Sales Expected to Grow This Year Following Flat 2014; Vendor Seeks Higher Profits to Reduce Debt

NFC Times Exclusive – Oberthur Technologies, the No. 2 smart card vendor globally and a major bank card and SIM supplier, had flat sales in 2014, blamed mainly on lower revenue in its telecom business unit from falling prices for lower-end SIM cards, slow sales of NFC SIMs and a hiatus in its contract to supply embedded chips to Samsung.

Identiv Reports Drop in Q1 Sales and Full-Year Guidance; but Says Demand for NFC Tags for IoT Up

NFC Times Exclusive Insight – Identiv reported lower-than-expected revenue for its first quarter and continued losses, though CEO Jason Hart said the company is se

Telco-Led NFC Payments Continue as Niche Market, but Growth Prospects Uncertain

NFC Times Exclusive Insight – Orange in Spain is the latest telco to announce the launch of a co-branded mobile-payments service using SIM cards and NFC phones, one of about 15 or so operators to launch globally so far. But it remains to be seen how many more will follow suit.

ICBC Launches HCE Mobile Payments with China UnionPay and Visa, as Chinese NFC-Payments Market Gears Up

NFC Times Exclusive Insight –Chinese banking giant Industrial and Commercial Bank of China has launched a mobile-payments service using host-card emulation, supporting credit cards branded by China UnionPay and Visa. 

Vendor Group Confirms 30% Growth in NFC Secure Elements in 2014; Revises 2015 Growth Rate

NFC Times Exclusive Insight – Smart card vendor association Eurosmart has confirmed its estimate that vendors shipped 350 million NFC secure elements last year, up 30% from the year before, fueled by embedded chips in Apple’s iPhones and what is probably the last significant growth spurt in NFC SIM card shipments. It predicts shipments of 550 million secure elements in 2015, up 57% from 2014, though revised downward from an earlier projection.

Qualcomm Strikes Deal to Use NFC Technology from NXP; Drops In-House NFC Program

NFC Times Exclusive Insight – Qualcomm, the largest supplier of processor chips for mobile phones globally, has made a deal to integrate NFC technology from NXP Semiconductors for its reference designs for OEMs featuring its Snapdragon processors.

Samsung Pay Head: Interest in Embedded Chips Grows for Payments and Nonpayments; eSE Won't be Limited to Samsung Pay

May 4 2015

NFC Times Exclusive –  Besides payments, Samsung is targeting nonpayment applications, and is seeing “growing interest” in its embedded chips, Samsung Pay director Victor Kim told NFC Times.

Gemalto CEO: TSM Revenue to Fall in 2015; Won't Pick Up Until Next Year, Likely with New Technologies

NFC Times Exclusive Insight – Gemalto CEO Olivier Piou said revenue from the vendor’s trusted service management business fell in the first quarter and would stay down for the rest of the year, while indicating Gemalto is no longer seeing many TSM tenders from telcos.

Giesecke & Devrient, Oberthur Hit by Falling Prices, SIM Sales

Apr 30 2015

NFC Times Exclusive – Falling SIM card prices among other challenges have forced such major smart card and NFC vendors as Giesecke & Devrient and Oberthur Technologies to restructure, though strong growth in shipments of EMV cards to Asia and the United States helped them record growth in overall revenue in 2014.

PayPal Doing NFC Trials, but Says It Will Not Rely Solely on NFC Technology

NFC Times Exclusive Insight – PayPal is trialing NFC mobile payments, CEO-designee Dan Schulman said during eBay’s first quarter earnings call, but the company continues to be cautious about embracing NFC.

Fourth U.S. Payments Network to Support Apple Pay; Discover Financial to Launch NFC Commercially after False Starts

NFC Times Exclusive Insight – Payment network Discover Financial Services announced its support for Apple Pay on Monday, becoming the fourth major payment networks in the U.S. to join Apple Pay.

Broadcom Says Little About NFC in Q1 Earnings Call

Apr 23 2015

NFC Times Exclusive Insight – U.S.-based Broadcom reported continued growth for its connectivity segment during its first quarter 2015 earnings call, but made almost no mention of NFC.

Apple Drives Nascent NFC Payments Wearables Market with Arrival This Week of Apple Watch

NFC Times Exclusive Insight – With the first Apple Watch units set to be delivered this week, NFC payments for wearable devices becomes a budding market, though it remains to be seen whether consumers want to tap their watches or wristbands to pay.

Apple Gets Some Pushback from Banks as It Seeks to Expand Apple Pay Abroad

Apr 20 2015

NFC Times Exclusive Insight –Apple is getting some pushback from banks as it seeks to expand its payments service, Apple Pay, outside of the U.S., where its U.S. business model along with other characteristics of the U.S. market will not translate well, NFC Times has learned.

NFC SIM Shipments Show Strong Gains in 2014, but Future Growth Remains in Doubt

Apr 23 2015

NFC Times Exclusive Insight – The SIMalliance vendor group is playing up what it calls soaring growth in NFC SIM shipments in 2014, despite troubling signs for the future of SIM-based NFC, such as Apple Pay and similar initiatives by other OEMs, as well as growing interest in host-card emulation and the failure of SIM-based NFC services to take off.

Broadcom and Other Suppliers Target Emerging Market for mPOS Devices Supporting NFC

NFC Times Exclusive – U.S.-based chip vendor Broadcom is the latest component supplier to make a play for the market for NFC-enabled mobile point-of-sale devices, expected to see strong demand as mobile-payment services like Apple Pay continue to expand.

Unlike Apple, Samsung Appears Willing to Open Embedded Chips to Banks for Their Own Apps

NFC Times Exclusive – Samsung’s NFC payments platform, Samsung Pay, is due to launch in the summer in the U.S. and South Korea. But it’s not the only payments service planned for Samsung’s new flagship smartphone, the Galaxy S6.

Small Australian Bank Says It Sees HCE as Offering ‘Wider Reach’ Than Other Technologies

Apr 8 2015

NFC Times Exclusive Insight – Australia’s AMP Bank said it chose to launch mobile-payments with host-card emulation over other NFC technologies because of the “wider reach” the technology offers, since it’s “available to all NFC-enabled Android mobile phones running KitKat or later,” the bank’s director digital, Michael Weeding, told NFC Times.

New Zealand Joint Venture Launches SIM-Based NFC Wallet Amid Growing Interest in HCE

NFC Times Exclusive Insight – New Zealand joint venture Semble has launched its SIM-based NFC mobile wallet, after delays and the decision by of two of the country’s big four banks to launch mobile payments from their own apps using host-card emulation.

Vodafone Seeks to Revamp Wallet with Tokenization and Apple Pay Technology Model

NFC Times Exclusive Insight – Vodafone Group is relaunching its NFC-based Vodafone Wallet with tokenized payment applications, as it seeks to attract more users and issuers to the mobile wallet.

Under Threat, Mainstream TSMs Rebrand as ‘Credential Managers,’ Embracing Tokenization and Accepting HCE

NFC Times Exclusive – Is the TSM, as we know it, dying? Predictably, the three major global trusted service managers say no.

UPDATED: OTI Gets Favorable Ruling in NFC Patent Infringement Case; Reports Continued Losses for 2014

Mar 31 2015

NFC Times Exclusive Insight – A U.S. district court judge has ruled that T-Mobile USA infringed an NFC patent held by Israel-based On Track Innovations.

Deals

Samsung to Work with Established Trusted Service Managers for Samsung Pay

NFC Times Exclusive Insight – Samsung is hiring established TSM vendors to assist with the provisioning and secure element management for its forthcoming Samsung Pay service, at least in some markets, sources told NFC Times.

Qualcomm Strikes Deal to Use NFC Technology from NXP; Drops In-House NFC Program

NFC Times Exclusive Insight – Qualcomm, the largest supplier of processor chips for mobile phones globally, has made a deal to integrate NFC technology from NXP Semiconductors for its reference designs for OEMs featuring its Snapdragon processors.

G&D Supplies HCE Technology for Commonwealth Bank HCE Service

May 25 2015

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient confirmed it is providing the host-card emulation technology for Commonwealth Bank’s commercial HCE launch this month of Tap & Pay from the bank’s Android-based mobile-banking app.

Fourth U.S. Payments Network to Support Apple Pay; Discover Financial to Launch NFC Commercially after False Starts

NFC Times Exclusive Insight – Payment network Discover Financial Services announced its support for Apple Pay on Monday, becoming the fourth major payment networks in the U.S. to join Apple Pay.

Samsung Pay Unpacked: Details on Samsung’s Planned Business Model, Architecture and Unannounced Banks Revealed

NFC Times Exclusive – NFC Times has learned new details about how Samsung intends to make money from its planned payments service, Samsung Pay; as well as the technology architecture the OEM will use and the identity of two unannounced banks, along with a new category of issuer that is planning to participate.

Unlike Apple, Samsung Appears Willing to Open Embedded Chips to Banks for Their Own Apps

NFC Times Exclusive – Samsung’s NFC payments platform, Samsung Pay, is due to launch in the summer in the U.S. and South Korea. But it’s not the only payments service planned for Samsung’s new flagship smartphone, the Galaxy S6.

Second Kiwi Bank Snubs SIMs for HCE with ANZ’s Planned NFC Launch; Bell ID Gets Nod as Vendor

Mar 31 2015

NFC Times Exclusive Insight – Another major New Zealand bank has announced plans to launch NFC payments with host-card emulation, snubbing a joint venture set up to launch SIM-based NFC on the island nation.

Vodafone Seeks to Revamp Wallet with Tokenization and Apple Pay Technology Model

NFC Times Exclusive Insight – Vodafone Group is relaunching its NFC-based Vodafone Wallet with tokenized payment applications, as it seeks to attract more users and issuers to the mobile wallet.

Square Acquires Payment Processing Tech Vendor Kili; May be Planning NFC mPOS, but Will it Keep DeviceFidelity?

Mar 13 2015

NFC Times Exclusive Insight – UPDATED: Mobile point-of-sale device supplier Square has acquired payment processing component vendor Kili Technology, the same vendor that purchased NFC accessory vendor DeviceFidelity in November, but Square does not plan to keep DeviceFidelity, a source connected with Square told NFC Times.

Galaxy S6 to Carry Embedded Secure Element; Samsung Splits NFC Controller Contract

Mar 2 2015

BARCELONA, Spain – NFC Times Exclusive (UPDATED): The Galaxy S6 will carry an embedded secure element, mainly to enable nonpayment applications, while supporting NFC payments with host-card emulation and storing payment tokens in a secure area on the processor, an ARM-based TrustZone, a representative of Samsung told NFC Times. The embedded secure element also could be used to store tokens outside of the U.S. 

Profiles

Google, which makes more than 95% of its revenue from Web advertising, sees a major opportunity to use NFC to help it take advantage of its Web search dominance with physical merchants and advertis

France-based fabless chip supplier Inside Secure, though the end of 2011, was one of only two providers of NFC chips to handset makers, along with NXP Semiconductors. 

The Isis joint venture, formed by AT&T, Verizon Wireless and T-Mobile USA, seeks to use the combined market clout of three major U.S. mobile carriers to roll out NFC phones and services.

It seems just a matter of time before Telefónica O2 UK launches NFC commercially.

Co-creator of NFC with Sony, NXP's partnership with Google announced in late 2010 has given it a dominant position in shipments for NFC chips for Android phones.

While contactless retail payment in the UK has been slow to take off, don’t blame Barclaycard or its parent Barclays PLC.

Since its creation in 2006 from the merger of the two largest smart card makers at the time, Gemalto has billed itself as “the world leader in digital security.”

Taiwan’s largest telco has been one of the major players in the country gearing up for NFC, having held at least three important trials.

The largest issuer of contactless cards in the U.S. with 30 million deployed since 2005, JPMorgan Chase hasn’t held an NFC trial in a while. Its last public trial with the technology ended in 2006.

While Bouygues Telecom runs a distant third among mobile operators to its big rivals France Telecom-Orange and Vodafone-affiliated SFR, it punches well above its weight in NFC. 

Its planned merger with France-based competitor Transdev, announced in summer 2009, would make big transit operator Veolia Transport even bigger.

A consortium of 23 organizations in eight countries, SmartTouch studies NFC and helps sponsor trials.

Discover’s Zip contactless application is accepted more than 100,000 merchant locations in the U.S. But until recently, you wouldn't have seen anyone tapping with Zip to pay.

German smart card supplier Giesecke & Devrient has been interested in contactless-mobile technology for years.

France Telecom-Orange devotes considerable resources to NFC and mobile payment at its French and UK offices and R&D centers.

The most important trade group promoting Near Field Communication, the NFC Forum sets standards for the technology and evangelizes its uses.

The U.S.-based card company Visa Inc. and its separate bank-owned affiliate, Visa Europe, share a brand and intellectual property on contactless payments and NFC.

To those who criticize Nokia for the rather bland handsets it has outfitted with NFC and put onto the market, the handset maker responds–with some justification–that it has done more than any other phone maker to advance NFC technology.

MasterCard spearheaded the move to contactless-card payment in the U.S. with its PayPass technology.

A1

Austria’s largest mobile operator is also a European pioneer in mobile commerce.