Latest News

Aconite Partners with Traderoot on South African System

Aconite Technology, a provider of software and consulting for managing business applications on chips in smart cards, tokens or mobiles, has announced that it has signed contracts with Traderoot Africa of South Africa, to supply a prepaid contactless chip card system for South Africa's new integrated public transit network. (Finextra)

Innovision Clinches Major NFC Contract

Innovision Research & Technology has won a major contract for its NFC IP in a leading semiconductor corporation's range of chips. (Business Financial Newswire)

Rio Gets A Few More Fobs, But Contactless Lags in Latin America

France-based Inside Contactless said it has received a follow-up order for 100,000 chips for contactless key fobs in Rio de Janeiro, Brazil–one of Latin America’s few contactless bank-payment projects to make it out of the trial stage.

Inside’s NFC Technology Gets Nod for Sagem Cosyphone

French handset maker Sagem Wireless plans to introduce an NFC phone targeted at the older generations, in what NFC vendor Inside Contactless said would be the first commercial use of its technology.

GlobalPlatform Enables Multiapplication Contactless

International smart card specifications body GlobalPlatform has released an amendment to its Card Specification version 2.2 to advance the management of multiple contactless applications within a SIM, a memory card/embedded element in a mobile device or a simple contactless card.

Aloft Lets Guests Skip the Check-in Desk

Aloft Hotels is pilot-testing a service that enables guests to avoid the check-in line and head directly to their room. The service is being tested at the Aloft in Lexington, Mass., U.S.

Sagem Wireless Cosyphone Uses NFC for Shortcuts

Sagem Wireless today introduced the Cosyphone. As its name implies, the Cosyphone is meant to be a simpler, more comfortable device aimed at the over 50's market.

Could Visa’s New No-Signature Rule Hurt Contactless Payments?

Visa Inc.’s announcement this week that starting this summer it will no longer require signatures for transactions of $25 or less at most U.S. merchants heralds a policy that will result in faster and smoother transactions but could also undermine the payments industry’s move toward contactless technology.

OTP Bank Opts for VeriFone for Contactless Rollout in Hungary

U.S. secure electronic payment services provider VeriFone has closed a deal with Hungarian credit institution OTP Bank to provide the latter with electronic payment systems in Hungary.

Carrefour to Deploy Contactless Technology Hypercom

Global retailer Carrefour has closed a deal with payment technology company Hypercom.

Electronic Purse Expected to Become Operational in March

The EasyCard, a contactless smartcard system for use on the Taipei MRT system, will soon become an electronic purse that can be used to purchase small-value items, the card's issuer, Taipei EasyCard Corp., said Friday.

Talks Under Way to Use Mobile Phones as Debit Cards

Mobile phones will soon be heard ringing at the tills as plans are finalized so that they can be used as debit cards.

Former NXP Exec Duverne Joins FCI

Christophe Duverne, former head of NXP Semiconductor’s contactless chip unit, has been named head of the Microconnections division of France-based FCI.

Orange Moves into Financial Services Space

As a prelude to their planned introduction of mobile payment, mobile operator France Telecom-Orange UK and credit card issuer Barclaycard have launched a contactless credit card.

G&D Says Venyon Buyout Shows NFC Commitment

Dec 10 2009

In buying out its joint venture partner Nokia, German smart card maker Giesecke & Devrient said it remains committed to the trusted service management business, despite delays in rollouts of Near Field Communication services.

RIM Supports BlackBerry Contactless Sticker Trial

Research In Motion, maker of BlackBerry smartphones, is participating in a mobile-payment trial with contactless MasterCard PayPass stickers and a tie-in to its e-mail service.

NXP Licenses Contactless IC Technology to ST

European chip vendors NXP BV and STMicroelectronics NV have announced a licensing agreement for NXP's Mifare contactless IC technology.

Deals

Taiwan’s Domestic Debit Network to Launch Token Service Provider

NFC TIMES Exclusive – A number of Taiwanese banks plan to enable customers to load their debit card credentials into an HCE-enabled mobile wallet app starting this month, following the launch last year by the banks of HCE-enabled credit card payments, NFC Times has learned.

Samsung Launches Support for QR Code-Based Payments in India, as It Seeks to Broaden Merchant Acceptance

NFC TIMES Exclusive Insight – Samsung has expanded its mobile payments service to India, where Samsung Pay will integrate a QR code-based mobile wallet service, along with conventional NFC bank card payments and Samsung’s proprietary mobile mag-stripe payments technology, MST.

Gemalto’s Shares Tumble as it Warns of Lower Revenue and a Bigger Miss of Its 2017 Profit Goal

NFC TIMES Exclusive Insight – Shares in France-based vendor Gemalto fell sharply today as it issued warnings before markets opened that its revenue and profit would badly miss projections this year.

Exclusive: Visa Locks Out Third-Party Token Service Providers; Sets Dates for Ending Support for Alternate PANs

NFC TIMES Exclusive – Unlike at least some other major networks, including Mastercard, Visa has shown no intention of allowing third-party token service providers to tokenize Visa-branded cards, requiring nearly all issuers to use Visa’s own Visa Token Service, or VTS, sources told NFC Times.

Exclusive: What Tokenization Fees from Visa Might Look Like for Issuers

NFC TIMES Exclusive – While Visa has said it is waiving tokenization fees for issuers that join its commercial tokenization hub, VDEP, and use its Visa Token Service, some observers believe the network will charge the fees sooner or later.

Exclusive: Why are Some of the Largest U.S. Merchants Balking at Supporting NFC?

NFC TIMES Exclusive – While the base of contactless point-of-sale terminals in the U.S. has grown substantially over the past two and a half years, some of the country’s largest merchants continue to resist the idea of accepting such NFC wallets as Apple Pay and Android Pay.

Why National Australia Bank Chose Scheme-Based Tokenization over Alternate PANs for HCE Launch

NFC Times Exclusive Insight – Three of the big four banks in Australia have now launched HCE mobile payments commercially, but only one of them, National Australia Bank, is using tokenization from a payments scheme, Visa.

Sony Launches Support for FeliCa Technology on HCE Devices, Though Few Handsets Available Yet

NFC TIMES Exclusive – Japan’s Sony Corp. is supporting host card emulation with its proprietary FeliCa contactless technology, which could enable service providers to avoid the need for secure elements in rolling out FeliCa-based applications on NFC phones.

Samsung Semiconductor Faces Challenges in Rolling Out Contactless-Payments Service for Wearables

NFC TIMES Exclusive Insight – Samsung Semiconductor believes there is room for yet another closed-loop payments service, one that enables consumers to pay with contactless wearables devices that carry its dual-interface chips.

Android Pay Launches in Belgium, While State-Owned Belfius Bank Takes Two-Staged Approach to Own HCE Rollout

NFC TIMES Exclusive – Two of the largest banks in Belgium have launched, or are planning to launch, HCE-based mobile payments but chose different approaches: BNP Paribas Fortis decided to first launch with Android Pay, while state-owned Belfius Bank plans to enable the service within its mobile-banking app.

Features

Are Security Fears Really Holding Reluctant Mobile Payments Users Back?

By: 
Chandra Lye

NFC TIMES Exclusive – The low number of mobile payment users may have little to do with security, one researcher says.

NFC Transit Ticketing Finally Starts to Get on Track after Years of Delays and Broken Promises

By: 
Dan Balaban

NFC Times Exclusive – NFC mobile transit ticketing–an application that once held much promise but has shown few results over the past decadefinally appears to be pulling out of the station, getting a boost from the growing interest in open-loop fare collection, the emergence of the “Pays” mobile payments services and increasing efforts by standards makers to solve basic interoperability problems between NFC phones and transit terminals.

Provisioning Companies for Payments Wearables Say Devices Headed to Market; Tokenization Key to Achieving Scale

By: 
Dan Balaban

NFC Times Exclusive Insight – As payments companies pin their hopes on wearables becoming the next wave of portable payments devices, not surprisingly there is more hype than substance when it comes to commercial launches.

Getting Payment onto Wearables–a Start-Up Sees a Niche for TSM Technology

By: 
Dan Balaban

NFC Times Exclusive – As mainstream trusted service managers struggle to cope with a world in which their services are in much less demand, a tiny, self-funded start-up is seeking to carve out a niche as TSM for millions of fitness wristbands, festival bracelets and other lower-end wearables that might one day be enabled for payment.

Open Mobile Ticketing Alliance to Use Tokenization; Faces Long Road Ahead

By: 
Dan Balaban

NFC Times Exclusive Insight – Spokespersons for Nokia’s HERE digital mapping business declined to comment on how the acquisition of HERE by German carmakers BMW, Audi and Mercedes, announced yesterday, would affect its leading role in the NFC-based Open Mobile Ticketing Alliance.

Longer-Range NFC Tags Could Bring in More Applications but Also More Privacy and Security Concerns

By: 
Kiona Smith-Strickland

NFC Times Exclusive – As the NFC Forum develops its tag Type 5 specification based on the ISO/IEC 15693 protocol, industry sources say that NFC tags using the longer-range protocol could see demand in medical, industrial, and supply chain applications, and most handsets and readers on the market can currently read the tags, although there are still concerns about interoperability and security.

Tokenization: Panel Looks at Costs and Benefits of Transformative Technology

By: 
Kiona Smith-Strickland

NFC Times Exclusive With tokenization scaling up, some players in the payments ecosystem will see financial benefit, while others will pay the cost of implementing the technology.

Survey: NFC Trumps QR Codes and Beacons for Connecting to Nonpayments Applications in Stores

By: 
Kiona Smith-Strickland

NFC Times Exclusive Insight – Between two-thirds and three-quarters of U.S. consumers say they are interested in using NFC for nonpayment retail applications, according to a study funded by the NFC Forum by research firm Strategy Analytics.

Start-Up Takes on Apple Pay but Needs Help from Other OEMs

By: 
Dan Balaban

NFC Times Exclusive: While some high-volume U.S. merchants, such as McDonald’s, Subway and Walgreens accept Apple Pay, along with other NFC-payments services, a key weakness of these platforms is the low percentage of merchants in the U.S. where consumers can tap to pay with their phones.  

Zapp Plans September 2015 Launch for ACH-Based Mobile-Payments Service in UK

By: 
Kiona Smith-Strickland

NFC Times Exclusive: While Apple Pay has re-energized interest in bank-issued mobile credit and debit cards using secure elements in NFC phones, backers of decoupled debit and other automated clearing house-based mobile-payments schemes continue to gear up.