Latest News

Visa Cuts Deals with Telcos to Preload payWave on NFC SIMs

NFC Times Exclusive: Visa has done deals with major mobile operators that would have the telcos preloading the Visa payWave application on their NFC SIMs, according to a representative of Visa Europe.

NFC SIM Shipments Reach 30 Million in H1–Matching FY 2012, as Isis Gears Up; 80 million Projected This Year

NFC Times Exclusive: SIM vendors shipped just over 31 million NFC SIM cards to mobile operators during the first half of 2013–equaling the number of NFC SIMs during all of 2012–and shipments are projected to hit 80 million for 2013, according to figures and forecasts obtained by NFC Times.

Barclaycard US Sees Higher Use of QR-Code M-Payment When Combined with Offers; but Commercial Plans Unclear

NFC Times Exclusive: Transactions increased significantly for several merchants trialing a QR-code-based mobile-payment app from Barclaycard US when the merchants added offers, but overall take-up of the bPay app has been modest, according to merchant interviews conducted by NFC Times.

Gemalto Needs Market Momentum on Mobile Payments to Hit Ambitious Profit Goals

NFC Times Exclusive Analysis: France-based Gemalto has set an ambitious goal of doubling its operating profits by 2017, and the ramping up of trusted service management business is key to hitting that objective.

Canada’s EnStream Seeks to Carve Out Role as NFC Aggregator

Canada’s fifth largest credit card issuer, Desjardins Group, plans to launch NFC mobile payments in 2014, and has become the first issuer to sign up with mobile operator joint venture EnStream in hopes of reaching subscribers from multiple telcos in the country.

Inside to Support Mifare Classic on New Embedded Chip without License; Will NXP Try to Stop It?

Aug 27 2013

NFC Times Exclusive: Chip supplier Inside Secure plans to support Mifare Classic on its new embedded secure element for NFC phones and contends it does not need a license from Mifare owner NXP Semiconductors because the technology is in the public domain. A representative of NXP warned against the move.

DeviceFidelity Prepares to Launch iPhone 5 Case; Product is Crucial for Company

NFC Times Exclusive: A long-anticipated but delayed launch of an NFC case for the iPhone 5 is finally ready to go forward, following remaining approvals needed from Visa and Apple, NFC Times has learned.

GSMA Chief: ‘Samsung will support operators that want to launch SIM-based NFC’

By the time Anne Bouverot took up her post as director general of the GSMA mobile operator trade group, in September of 2011, the pioneering NFC program at Orange group where she had worked was already more than five years old. And still there were no NFC rollouts to speak of.

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.

Gemalto Reveals Some Details of MCX Deal; Vendor Will Earn Fees for Transactions

France-based smart card and security vendor Gemalto will operate the mobile-payment platform for U.S. merchant group MCX, earning a fee for every transaction, in addition to what appears to be a hosting fee it says is worth tens of millions.

NFC Joint Patent Program Ends; No Disruption to Licensing, Say Chip Makers

A joint NFC patent licensing program set up more than five years ago to make key NFC technology available to device makers has been discontinued.

New Zealand Telcos and Bank-Owned Processor Plan NFC Joint Venture

Apr 3 2012

New Zealand’s three mobile operators and its bank-owned payments processor have announced plans to form a joint venture to launch a centralized trusted service manager for the rollout of NFC services.

Third French Bank Launches M-Payment in Nice, Hires Gemalto as TSM

Jun 14 2012

Crédit Agricole has joined the precommercial trial of NFC services in the French city of Nice, according to France-based vendor Gemalto, which announced it is providing trusted service management for the bank.

Firm to Pay Up to $58 million for Atmel's Smart Card Biz

SAN FRANCISCO—Atmel Corp. said Monday (June 28) it has entered into a definitive agreement to sell its Secure Microcontroller Solutions (SMS) business to Inside Contactless SA for up to $58 million after completing consultation with the Works Council at Atmel's SMS facility in Rousset, France. (EE Times)

Turkcell Sees Future in Mobile Wallet

The Financial services area is among six fields Turkcell plans to expand its business in the upcoming period, says an executive of the firm, urging the expansion of near field communication, or NFC, technology. (Anatolia News Agency)

Inside Contactless, Sagem Orga, TazTag create new NFC device

Inside Contactless, Sagem Orga, a global smart card applications developer, and TazTag, a provider and creator of contactless products, have teamed up to develop a new method of delivering Near Field Communication (NFC) payment functionality. (The Paypers)

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.

Deals

Garmin Unveils Second High-End Smartwatch, Forerunner 645, Supporting Garmin Pay

Jan 10 2018

NFC TIMES Exclusive Insight – Wearables maker Garmin has unveiled its second major smartwatch supporting its Garmin Pay service, the Forerunner 645, a high-end device that follows the Vívoactive 3 in enabling users to tap to pay.  

Google Adopts New Payments Brand, but No New Strategy Announced to Catch Up to Apple Pay

NFC TIMES Exclusive Insight – Google's latest rebranding move for payments is certainly not its first, and involves no new products.

Payments Wearables in 2017: Market Makes Progress but Continues to Move Slowly

Dec 20 2017

NFC TIMES Exclusive Insight – While major smartwatch makers are enabling payments from their high-end devices, and there might be an announcement of another major wearables maker supporting payments at next month’s CES trade event, progress is slow for the technology to move to the range of lower-end smartwatches, fitness bands and such passive devices as rings, fobs and bracelets.

Apple Discloses Plans for Four More Apple Pay Markets; Confirms Most Transactions Outside of U.S.

NFC TIMES Exclusive Insight – Apple Tuesday disclosed plans to launch its mobile payments service in four more small markets, including three countries in the Nordics, with the tech giant seeing higher usage of Apple Pay outside of the U.S., where NFC-enabled POS terminals are still not widely available.

French Aerospace and Defense Group Thales Outbids Atos for Gemalto; Would Create Global Digital Security Unit

NFC TIMES Exclusive Insight – Less than a week after Gemalto’s board unanimously rejected an acquisition offer from France-based IT and consulting group Atos, complaining that Atos’ bid at €46 (US$54.18) per share “significantly undervalued the company” and that Gemalto is “best positioned to grow successfully on a standalone basis,” the board has publicly changed course and has unanimously approved a takeover offer from France-based Thales that is only 11% higher.

Mastercard Announces Plans to Enable QR Code-Based Payments in Taiwan

NFC TIMES Exclusive Insight – Mastercard has announced it will support QR code-based payments in Taiwan starting next year, working with the country’s largest credit card acquirer and processor and also Taiwan’s nascent domestic debit card network.

Samsung Pay Launches Octopus in Hong Kong, with Samsung's Latest Flagships Supporting FeliCa Technology

NFC TIMES Exclusive Insight – In the race among the major Pays wallets to add NFC transit ticketing to their mobile payments services, Samsung scored a win over Apple, with today’s launch of “Smart Octopus” with Samsung Pay.

Samsung Seeks Global Reach for NFC Transit Ticketing But Must Overcome Tech Challenges, Lack of Standards

NFC Times Exclusive – Samsung has been considering introducing NFC transit ticketing in every market where it has launched Samsung Pay, including the U.S., an

Gemalto Rejects Proposed Atos €4.3 Billion Takeover; Contends Bid Price 'Significantly Undervalues' Company

NFC TIMES Exclusive Insight – The board of struggling French smart card and security vendor Gemalto has rejected an all-cash €4.3 billion (US$5.08 billion) takeover bid by France-based IT services and consulting company Atos, calling Atos’ €46-per-share bid “opportunistic,” and contending that it “significantly undervalues” the company, among other objections.

In-Depth: Atos Offers €4.3 Billion to Acquire Struggling French Vendor Gemalto

Dec 14 2017

NFC TIMES Exclusive Insight – French IT services group Atos hopes to bolster its cybersecurity, IoT and payments offers with its €4.3 billion (US$5.07 billion) unsolicited bid to buy struggling France-based smart card and digital security vendor Gemalto.

Features

How Mobile Wallets, Payments Wearables, Tokenization Fared the Past Year, and Where They Stand Now

By: 
Dan Balaban

NFC TIMES Exclusive – As the digital payments ecosystem moves into 2018, it is dealing with many of the same unfulfilled promises, works in progress and unfinished business as in 2017.

U.S. Merchant Apps Square Off Against NFC ‘Pays’ Wallets: The Retailer Perspective

By: 
K.N. Smith

NFC TIMES Exclusive – As more U.S. merchants launch their own payments apps, some seem positioned to offer serious competition to Apple Pay and the other NFC “Pays” wallets.

Backers Look to Range of Devices for Contextual Commerce, Though Fragmentation Will Pose Challenges

By: 
K.N. Smith

NFC TIMES Exclusive Insight – Promoters of contextual commerce are looking to a range of connected devices, including smart appliances and such home hubs as Alexa–along with a host of mobile devices–to enable consumers to pay in almost every context. But many challenges remain for what could become a “very disjointed” array of payment options, experts say.

Feature: How Do Mobile Payments Fit into an Omnichannel World?

By: 
K.N. Smith

NFC TIMES Exclusive Insight – As retailers and payments services providers increasingly try to connect and track consumer transactions across online and in-store channels, mobile payments must function as part of an omnichannel payments ecosystem, say industry observers.

IoT Payments Backers Say Devices Will Range from the Familiar to the Far-Fetched

By: 
K.N. Smith

NFC TIMES Exclusive Insight – With the buzz around the Internet of Things growing ever stronger, the payments ecosystem is determined not to be left out.

Sound-Based Payments Target Developing Economies but Face Long Road to Consumer Take-Up

By: 
K.N. Smith

NFC TIMES Exclusive – With two sound-based payments launches in India in September, the technology has drawn some interest, but although several banks in emerging countries have signed on with sound-based payments platforms, consumer take-up remains unclear, and it’s likely that the road to adoption will be at least as slow as that faced by NFC payments in developed markets.

Energy Drink Promotion Features Different Way to Put Payment Applications Onto Objects

By: 
Dan Balaban

NFC TIMES Exclusive Insight – While the recent promotion by the makers of Lucozade Energy drinks in the UK, which enabled users to tap their bottles on contactless readers to redeem free rides on the London Underground, may have been just a clever marketing stunt, the way the drinks company got the prepaid EMV application onto the bottles broke the mold for how such applications usually get provisioned.

Developers and UK Smart Ticketing Organization ITSO Look to HCE as Option for NFC Transit Ticketing

By: 
Istvan Fekete

NFC TIMES Exclusive Insight – As OEM Pay wallet providers try to get more transit operators to put their closed-loop ticketing applets onto the NFC embedded secure chips in their devices, there is growing interest in alternatives to enable mobile transit ticketing.

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.