Latest News

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.

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

Fitbit Pay Launches in 21st Market, Though Issuer Numbers in Most Markets Remain Small

NFC TIMES Exclusive Insight – Fitbit Pay has entered its 21st market, with the launch this week in Thailand with two of the country’s top four banks, Kasikorn Bank and Siam Commercial Bank, along with credit card issuer Krungthai Card, or KTC, supporting the digital payments service.

Study: Apple Pay Dominates Mobile Payments Among Debit Card Users in U.S., Though Volume Remains Low

NFC Times Exclusive Insight ­– New research shows that Apple Pay continues to dominate mobile payments services for bank cards in the U.S., although transaction volume is still low.

Fitbit Unveils First Non-Smartwatch Supporting NFC Payments Service, but Progress of Device Rollout Slow

Oct 13 2018

NFC TIMES Exclusive Insight ­– U.S.-based wearables maker Fitbit in November plans to release its first non-smartwatch supporting its payments service, Fitbit Pay, with the recent unveiling of its new health and fitness tracker Charge 3–but as with its Versa smartwatch, released in April, the NFC payments feature will only be available on a “special edition” version of the tracker in the U.S. and likely in some other markets.

Denmark’s Largest Bank Pilots Own Payments Wearables, Choosing Low-Tech Option Over Apple Watch

Oct 13 2018

NFC TIMES Exclusive Insight – Danske Bank, Denmark’s largest financial institution, is pitting its planned low-tech FastPay payments wearables against Apple Watch and some other higher-end wearables using tokenization, as it launches a large pilot starting this month in Denmark, Sweden and Norway.

NFC Student ID Cards Launch in Apple’s Wallet, Though Progress Remains Slow for Apple to Add Nonbank NFC Applications

Oct 12 2018

NFC TIMES Exclusive Insight –Three U.S. universities Tuesday launched NFC-enabled ID cards in Apple’s Wallet, with Apple confirming that only three more U.S.

Dutch Banks Expand into Payments Wearables, HCE Wallets

NFC TIMES Exclusive Insight – Dutch bank ABN Amro plans to put its Mastercard-branded debit cards onto passive wearable devices, such as rings, bracelets and an analog watch from a major watchmaker, after the devices are in the hands of consumers.

LA Metro Plans NFC-Enabled Mobile App for TAP Card But Holds Off on Open Payments

NFC TIMES Exclusive Insight – The Los Angeles County Metropolitan Transportation Authority, or Metro, plans to introduce mobile payments using NFC phonesbut only supporting its closed-loop TAP fare payments service, not open-loop payments, NFC Times has learned.

Chinese Wearables Makers Begin to Introduce Low-Cost Devices Supporting NFC Payments

NFC TIMES Exclusive Insight – A new smartwatch from low-cost Chinese wearables maker Huami and the latest fitness band version from Huami’s major investor and partner, Xiaomi, both support transit and retail payments–making them among the first budget smart wearables devices supporting NFC payments.

In-Depth: San Francisco’s $461 Million Transit Contract Will Support NFC Ticketing but Not Open-Loop Contactless Payments

NFC TIMES Exclusive Insight – A planned US$461 million contract to upgrade and operate the Clipper fare collection system in the San Francisco Bay Area will include account-based ticketing and a mobile app that will enable customers to tap for rides with a closed-loop virtual Clipper card on NFC-enabled smartphones.

Apple Drops Requirement to Have App Open for Tag Reading

NFC TIMES Exclusive Insight – Apple has relaxed its approach to NFC tag reading in its new iPhone Xs, Xs Max, and Xr models, removing the requirement to have a reader application open in order to use a tag. It calls the feature Background Tag Reading, and it offers essentially the same functionality that Android devices have had for years.  

Features

U.S. Football Sees NFC-Enabled E-Tickets as way to Cut Fraud, Market to Fans

By: 
K.N. Smith

NFC TIMES Exclusive Insight – With the National Football League kicking off its season in a few weeks in the U.S., fans will be using NFC, QR codes and perhaps ultrasonic signals on their mobile devices, in addition to tapping contactless-enabled paper tickets, to attend football games and other events at all 31 NFL stadiums.

In-Depth: As U.S. Lags in Contactless Payments, are Issuers Ready to Roll Out Dual-Interface EMV Cards?

By: 
K.N. Smith

NFC TIMES Exclusive Insight – Most issuers in the U.S. have so far held back from rolling out contactless or dual-interface cards, but merchant acceptance has been quietly building over the past few years, despite some large U.S. retailers balking at accepting contactless cards and NFC-enabled devices.

In-Depth: Can Contactless Cards Succeed in U.S. Where NFC Mobile Wallets Have Failed?

By: 
K.N. Smith

NFC TIMES Exclusive Insight – Payments industry backers suggest that U.S. banks could have an incentive to begin contactless rollouts soon, but in the absence of deadlines from the major payments networks, which are rapidly approaching in other markets, there's no guarantee of rollouts in the U.S. on the horizon.

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.