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More Major French Banks Prepare for Commercial Rollouts Using NFC SIMs

Apr 16 2014 (All day)

NFC Times Exclusive: Following the recent announcement of a nationwide launch by BNP Paribas, at least three other major French banks plan commercial launches of NFC mobile payments in coming months, along with the expected launch of NFC payments by the banking arm of a major French retailer.

Contactless Transactions Continue to Grow in UK and Europe, Though Numbers Still Relatively Small

While the UK’s top UK contactless issuer, Barclays, and its credit card arm, Barclaycard, predict a doubling of contactless transactions this year, numbers remain relatively small, with even the most active users tapping just over four times a month, a spokesman for the issuer confirmed to NFC Times.

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

Financial Review: Publicly Traded NFC Vendors Show Mixed Results for 2013

NFC Times Exclusive: All publicly traded vendors across the NFC ecosystem have filed their year-end earnings reports, and the results show a mixed bag of promising sales for contactless and EMV technology, continued restructuring and expected challenges ahead with the advent of host-card emulation.

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

China’s No. 3 mobile operator, China Telecom, has selected a list of six SIM vendors for its large planned rollout of NFC services.

Intel Buys Inside Secure’s NFC Modem Technology; Expands License of Inside's NFC Patents

Apr 2 2014 (All day)

Inside Secure is selling its next generation NFC controller technology to chip maker Intel, as well as an expanded license, for $19.2 million, though will keep most of its NFC patents and embedded chip technology.

Big French Bank Announces Nationwide Rollout of NFC-Payments Service on SIMs

Apr 4 2014 (All day)

BNP Paribas, one of France’s largest banks, today announced its long-anticipated nationwide rollout of NFC payments, making Visa-branded debit cards available to customers on SIM cards issued by France’s two largest mobile operators and a couple of smaller brands.

OTI Lowers Losses as It Continues Turnaround Efforts but Offers No Time Frame for Turning a Profit

In the first full year since a takeover ousted former CEO and co-founder Oded Bashan, Israel-based NFC and contactless company On Track Innovations showed some progress in its efforts to turn around the chronically unprofitable company, in part by focusing on sales of contactless point-of-sale terminals.

Australia’s Westpac to Launch First Project with Visa on Samsung Embedded Chips; HCE Gears Up in Market

A second of Australia’s big four banks, Westpac Banking Corp., said it will finally be ready to launch its long-planned NFC contactless payments service with Visa using embedded chips in Samsung phones by the end of April, the bank told NFC Times.

NFC SIM Volumes Projected to Show Moderate Growth in 2014, Though Impact of HCE Remains Unknown

NFC Times Exclusive: Mobile network operators will take delivery of at least two-thirds more NFC SIMs this year than in 2013, predicts operator trade association, the GSMA, though the impact of host-card emulation remains to be seen.

Identive Narrows Losses; Reports More Restructuring

U.S.-based Identive reported significant restructuring and job cuts in the fourth quarter, along with increased sales for NFC and other RFID tags–but still no profit.

NFC Forum Issues Statement Supporting HCE as Means to 'Accelerate' Market Growth

The NFC Forum has issued a statement of support for host-card emulation at its all-member meeting this week in San Francisco, calling HCE a “promising addition to the portfolio of NFC solutions that could potentially accelerate market growth.”

Tenders Due for TSM Platform Planned by Taiwanese Banking Joint Venture

NFC Times Exclusive: Tenders are due tomorrow from vendors in response to a request for proposal for Taiwan’s second planned centralized trusted service management platform–this one from Taiwanese banking groups, which formed a mobile-payments joint venture late last month.

Former Safran Morpho e-Documents No. 2 Named CEO of Contactless Vendor ASK

Former Safran Morpho e-Documents’ No. 2 man Julien Zuccarelli has been named CEO of France-based ASK, as the contactless vendor continues its turnaround and expansion efforts.

Google to End Support for NFC Payments in All Pre-KitKat Devices as Part of HCE Push

Mar 20 2014 (All day)

Google is ending support for NFC payments in all devices except those supporting Android 4.4 or above, as part of its push of host-card emulation into the market.

NXP Sees Increase in NFC Chip Shipments for 2013 Despite Loss of Galaxy S4

NFC Times Exclusive: Despite a slow year in NFC sales and loss of business for Samsung’s Galaxy S4 flagship, NXP Semiconductors shipped significantly more NFC controllers in 2013 than in 2012 and held onto the top spot among NFC chip suppliers last year over rival Broadcom. With its design win for the Galaxy S5, it appears poised to take the lion's share of business again this year.

Gemalto CEO: HCE Not Secure for EMV Payments Unless Tokens Stored on Secure Elements or TEE

France-based vendor Gemalto Thursday confirmed its growth projections for 2014 and its longer-term forecast for 2017, despite the recent announcements of support for host-card emulation by Visa and MasterCard Worldwide.

NXP Wins Back NFC Controller Business for Samsung Flagship But Misses on Embedded Chip

NFC Times Exclusive: Samsung Electronics has switched back to an NFC controller chip from NXP Semiconductors for most of the planned shipments of its new flagship, the Galaxy S5, but the phones will not pack NXP’s embedded secure element, NFC Times has learned.

Vallée Named COO, as Gemalto Tweaks Internal Structure; TSM Pioneer Chua Departs Morpho

Mar 3 2014 (All day)

NFC Times Exclusive–People on the Move:
France-based vendor Gemalto has completed internal changes to its corporate structure, creating a separate unit for platforms and services and one for smart card products and appointing executive Philippe Vallée as chief operating officer.

Visa and MasterCard: HCE Can be as Secure as Secure Elements

NFC Times Exclusive: While continuing to support their applications on secure elements in NFC phones, Visa and MasterCard Worldwide confirmed their firm support for host-card emulation the past week, as they continue to fast-track new HCE specifications to the market.

Four Asian Telcos Seek to Enable Cross-Border Roaming of NFC Services

BARCELONA, Spain – It’s an oft-repeated goal by NFC backers–to enable customers to use a variety of NFC services when they roam in different countries by downloading the local applications when they arrive at the airport or at the point of service. 

MasterCard Acquires Mobile Wallet Vendor C-SAM

BARCELONA, Spain– MasterCard Worldwide announced it has acquired U.S.-based mobile wallet vendor C-SAM, a company in which it had made a sizable investment in late 2012.

MasterCard Seeks to Establish TSM Aggregation Service in Germany

BARCELONA, Spain – MasterCard Worldwide is seeking to expand its little-used service provider TSM aggregation service from Poland to Germany, planning to announce a deal to connect a TSM platform to three major German telcos.

Samsung’s New Flagship Supports NFC, as Expected, Along with Fingerprint Sensor Securing PayPal

BARCELONA, Spain – Samsung Electronics today unveiled its fifth-generation Galaxy S flagship smartphone, the Galaxy S5, which will support NFC, as expected, and also feature a fingerprint sensor in the home button that can secure mobile payments. PayPal has announced it will be the first payments company to support the fingerprint authentication feature on the device.

Inside Secure Improves Earnings; Writes Off NFC Chip Inventory

France-based Inside Secure reported smaller operating losses for 2013, though mainly on an adjusted basis, and wrote off $3.6 million in NFC controller chips it had on hand as it continues to exit the market for the chips.

Deals

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

Intel Buys Inside Secure’s NFC Modem Technology; Expands License of Inside's NFC Patents

Apr 2 2014 (All day)

Inside Secure is selling its next generation NFC controller technology to chip maker Intel, as well as an expanded license, for $19.2 million, though will keep most of its NFC patents and embedded chip technology.

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

China’s No. 3 mobile operator, China Telecom, has selected a list of six SIM vendors for its large planned rollout of NFC services.

MasterCard Announces Deal with Samsung to Use Embedded Chips; Australian Bank First to Launch

Dec 12 2013 (All day)

MasterCard Worldwide announced its anticipated agreement with Samsung Electronics to enable PayPass applications on embedded chips in Samsung NFC devices and, as expected, named Commonwealth Bank of Australia as the first bank to launch under the deal.

Russia’s Largest Bank to Use NFC Embedded Chips; Discussing Pilot with Visa, Samsung for Sochi Games

Russia’s largest bank, Sberbank, plans to launch mobile payment using embedded chips in NFC phones, snubbing Russian mobile operators, the bank’s director of IT strategy told NFC Times.

NXP Wins Back NFC Controller Business for Samsung Flagship But Misses on Embedded Chip

NFC Times Exclusive: Samsung Electronics has switched back to an NFC controller chip from NXP Semiconductors for most of the planned shipments of its new flagship, the Galaxy S5, but the phones will not pack NXP’s embedded secure element, NFC Times has learned.

MasterCard Seeks to Establish TSM Aggregation Service in Germany

BARCELONA, Spain – MasterCard Worldwide is seeking to expand its little-used service provider TSM aggregation service from Poland to Germany, planning to announce a deal to connect a TSM platform to three major German telcos.

Four Asian Telcos Seek to Enable Cross-Border Roaming of NFC Services

BARCELONA, Spain – It’s an oft-repeated goal by NFC backers–to enable customers to use a variety of NFC services when they roam in different countries by downloading the local applications when they arrive at the airport or at the point of service. 

Taiwanese NFC Joint Venture Hires TSM; Low Price Could Impact Other Markets

NFC Times Exclusive: Taiwan’s NFC joint venture formed last year by the country’s five mobile operators and closed-loop payment scheme EasyCard has chosen a TSM provider for its planned TSM hub, NFC Times has learned.

Gemalto Announces Licensing Deal for TSM Aggregation Service in Hong Kong

Gemalto today announced a contract, awarded last year, to supply a TSM platform to Hong Kong ATM and interbank group Jetco.

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.

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