buy metformin online

Norway’s Largest Telco and Bank to Launch NFC Commercially

Norway’s largest mobile operator and its biggest bank plan to announce plans next week to commercially launch NFC payments, NFC Times has learned.

Telco Telenor and DNB plan to launch the service in the summer, a representative from the bank confirmed to NFC Times. An announcement is expected at next week’s Mobile World Congress in Barcelona.

The telco and bank in 2008 formed a trusted service manager unit as part of their earlier joint venture, gearing up for what they thought would be an “imminent launch of (NFC) payments.”

They held a small trial, “Tap2Pay,” during the summer of 2011, with 250 joint customers and about a dozen merchants in the Norwegian capital, Oslo. The parties held an earlier trial in 2009.

Both trials used a MasterCard PayPass application. But for the commercial launch this summer, DNB will issue a Visa payWave payment application, which will be loaded onto Telenor NFC SIM cards.

The Telenor-DNB joint venture will not provide its own TSM services, and instead France-based Gemalto will serve as TSM for the launch. Taiwan-based Toro Development will provide the mobile wallet. Toro, which is also providing the mobile wallet for an NFC commercial launch last fall by T-Mobile Poland, recently announced it opened a European R&D and delivery center in Barcelona.

It’s not clear yet what NFC applications beyond payment will be available to consumers next summer.

Telenor, in an announcement last March, said it planned to follow up the 2011 Tap2Pay trial with “real NFC services” for consumers and merchants in 2013. It said the “solution will have more functionality than the Tap2Pay pilot and will include payment cards, loyalty cards and tickets. The solution will be scalable and can be further developed as the market matures.”

There still are few active contactless point-of-sale terminals in Norway, however. Telenor acknowledged in its announcement last year that “it will take some time before NFC-based services are available to the mass market in Norway.”

The telco added that it would use its SIM card to store the secure NFC applications for the Tap2Pay project, but noted that it was “ready to take a multioperator and a multiservice approach to rollouts.

“Mass market adoption is the goal, and that is unlikely to happen if there is only one mobile operator or one bank who delivers the NFC services,” said the telco.

HEADLINE NEWS

Giesecke & Devrient Reports Falling Sales, Lower Profits for 2013

Germany-based Giesecke & Devrient was no doubt glad to close the books on 2013, a year in which it saw substantial job cuts and changes in management and–as it reported Wednesday–lower sales and profitability.

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.

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

Apr 18 2014 (All day)

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.