Latest News

Gemalto Continues to Promote Cloud-Based Payments Offer, Though No Commercial Projects Launched Yet

Jan 20 2016

NFC Times Exclusive Insight – France-based Gemalto, which has been heavily invested in trusted service management and NFC SIM cards in the past, is continuing to push cloud-based payments, announcing certification by MasterCard for its full host card emulation offer–with the help of technology from Moroccan-based payments software company HPS.

After SIM-Based NFC Fails, Turkish Banks Try Out HCE as They Seek to Advance Mobile Payments

NFC Times Exclusive – Turkey was among the first countries where NFC got a tryout commercially, led by the largest telco, Turkcell, which launched service in 2011 using, of course, its SIM cards as secure elements.

Case Study: ING Bank Customers Opt for No PIN and Very Low-Value Purchases with New HCE App

Jan 19 2016

NFC Times Exclusive – More than two-thirds of users of the ING Bank’s HCE-based mobile payments service in the Netherlands opt for no PIN entry and prefer to tap their phones for very low-value amounts, according to bank, which launched one of the first HCE mobile payments services in Western Europe in late November. 

Year Ahead for NFC: More HCE Rollouts, Expansion of the ‘Pays,’ Tokenization Power Plays Evolve, Fragmentation Continues

Jan 13 2016

NFC Times Exclusive Fifth Annual Year Ahead for NFC Feature: 2016 will see more commercial launches of mobile payments with host card emulation, as banks seek to enable their own apps to do payment, while in some cases competing with the ‘Pays.’

Top 10 Misses for NFC in 2015: SIM-Based NFC Falls Further; Apple Pay Expansion Comes Up Short

Jan 13 2016

NFC Times Exclusive – While 2015 was arguably the year that saw the most important rollouts yet of NFC technology, led by Apple Pay, 2015, like past years, was mar

No. 3 Taiwanese Issuer Seeks to Outflank Larger Rivals with Own HCE Service; Picks Visa Over MasterCard to Sponsor Launch

Dec 29 2015

NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s third largest credit card issuer, E.Sun Commercial Bank, today announced the launch of mobile payments with host card emulation, the first bank on the island nation to launch HCE commercially. NFC Times had reported the planned launch Dec. 3.

Apple and Samsung Announce Plans for Mobile Payments Launches in China

NFC Times Exclusive Insight – Apple has announced overdue plans to launch Apple Pay in China early next year, touting a list of 15 major banks that will enable customers to load their credit and debit cards in its Wallet app, including China’s big four state-owned banks. Meanwhile, Samsung followed with an announcement of its planned launch of Samsung Pay in China, which was also expected.

Google Announces Plans to Expand Android Pay to Australia, as Apple Regroups in Country

NFC Times Exclusive Insight – Google has announced it will expand Android Pay in the contactless payments hotspot of Australia during the first half of 2016 with at least two of the big four banks among other issuers planning to participate, while Apple had to make do with only one issuer, American Express, for its Apple Pay launch in the country.

China UnionPay, Banks Expand HCE-Based Mobile Payments in Advance of Apple Pay Launch

NFC Times Exclusive Insight – Even as major Chinese banks and payment network China UnionPay prepare to participate in what is expected to be the launch of Apple Pay in China in the first quarter, they are expanding their Android-based mobile-payments services using host card emulation.

Wal-Mart Launches Apple Pay Rival, Using QR Codes to Enable Payments from Own App–and Without MCX

NFC Times Exclusive Insight – Wal-Mart Stores, the world’s largest retailer by sales, has launched its own mobile payments service, Walmart Pay, from its app, using QR codes displayed at checkout to link to funding payment or gift cards.

Users Get Unauthorized Preview of Apple Pay in China as Service Moves Closer to Likely Launch

NFC Times Exclusive – There’s more evidence that Apple is gearing up to launch Apple Pay in China early next year, and not only with China’s big four state-run banks, as was earlier reported.

Case Study: Norway’s Valyou Wallet–What Went Wrong

NFC Times dissects the challenges and problems that killed the once-touted Valyou wallet service after only 13 months of operation.

NFC Times Exclusive – When Norway’s largest telco, Telenor, and its biggest bank, then called DnB NOR, announced plans to form an NFC joint venture in April of 2008, the future of NFC payments using SIM cards looked promising, but it was too early to launch service.

ANZ New Zealand to Launch HCE Service Tomorrow, Supporting Visa Cards

Dec 8 2015

NFC Times Exclusive Insight – ANZ New Zealand has made good on its pledge to commercially launch host card emulation-based payments from its mobile-banking app, goMoney, before the end of this year, planning to begin enabling customers with eligible Android phones to tap to pay starting tomorrow, but only with Visa-branded credit or debit cards, for now.

Taiwan’s E.Sun Bank to Launch Own HCE Service, Breaking Ranks with Banking Group

NFC Times Exclusive – E.Sun Commercial Bank, a top five card issuer in Taiwan, plans to launch NFC payments from its own wallet app using host-card emulation, NFC Times has learned, the first major Taiwanese bank to make the move.

Singapore’s UOB First Bank to Use Visa Token Service for HCE App Outside of U.S., Shunning Alternate PANs

NFC Times Exclusive Insight – Despite other large banks outside of the U.S. using their own tokenization for early commercial launches of mobile payments with host card emulation, Singapore’s United Overseas Bank told NFC Times it decided to go with tokenization from Visa and soon from MasterCard for its new HCE-based service.

Analysis: Business Model for ‘OEM Pay’–Sell More Devices

Feb 4 2016

NFC Times Exclusive Insight – While LG Electronics has released few details about its planned payments service, LG Pay, or even revealed the technology it will use, there seems to be little doubt about its business model: LG believes it needs an additional payments feature to keep its devices competitive with rivals Apple, Samsung and other smartphone OEMs that might launch payments services.

Australian Debit Network Contends Planned TSP Will be Competitive with Visa and MasterCard

NFC Times Exclusive Insight – Australia’s largest domestic debit network, eftpos, told NFC Times the network’s planned tokenization service would launch on time and contends the service would not struggle against Visa and MasterCard if those major networks launched their “free” tokenization services in Australia.

Taiwan’s Telco Joint Venture Finally Ready to Launch TSM, but is It Too Late?

NFC Times Exclusive Insight – Taiwan’s telco-led TSM joint venture, Alliance Digital Tech Co., finally says it is ready to launch its TSM platforms–nearly two years after it hired a TSM vendor to build them. But the launch may have come too late for the market.

NFC No Longer in a Starring Role at Identiv?

NFC Times Exclusive Insight – The new leadership at U.S-based Identiv focused primarily on its premises and identity products, particularly its new partnerships with Cisco, and mentioned its transponder business only briefly, without direct reference to NFC, in its most recent earnings call.

Apple, Samsung Drive Growth of NFC Secure Elements: Vendor Group

Nov 18 2015

NFC Times Exclusive Insight – PARIS: Vendor trade group Eurosmart is projecting that NFC secure element shipments will grow by 20% in 2016 to 590 million, mainly fueled by increased shipments of embedded secure elements for NFC phones.

OTI Share Price Falls After Disappointing Q3 Earnings Report

NFC Times Exclusive Insight – Three months after new CEO Shlomi Cohen took the reins, Israel-based NFC and contactless vendor On Track Innovations reported a 31% sequential drop in revenue and a continued slump in contactless point-of-sale reader sales for the third quarter.

EMVCo Promises Token Service Provider Registry This Year; Without it, Third Party TSPs Can’t Fully Compete with Schemes

Nov 17 2015

NFC Times Exclusive Insight – EMVCo, the commercial standards organization owned by the world’s largest payment networks, has promised to have its registration process for token service providers ready by the end of the year. Until then, even EMVCo acknowledges that it is more difficult for third-party suppliers to offer tokenization under its specifications–a market that the major payments networks that own EMVCo now dominate in the early going.

MasterCard Licenses HCE Technology for On-Behalf-Of Service in Europe

NFC Times Exclusive Insight – MasterCard’s Poland-based payment transaction processor, Trevica, has licensed host card emulation technology from Turkey-based Cardtek in order to provide a managed HCE service to banks it serves in Europe.

Analysis: Chase Pay Deal with MCX–All About Economics

NFC Times Exclusive Insight – While Chase Pay will offer merchants in the MCX consortium a potential consumer base of 94 million Chase payment card accounts and the promise of integration with their loyalty programs and offers, the essential element of the deal was the very low transaction fees Chase will charge.

After False Start, NXP Adds Wearables as Target for Embedded Chip Loader Service

NFC Times Exclusive Insight – NXP Semiconductors will take another crack at rolling out its “loader service,” which seeks to make it easier for service providers to load payment and other applications on the chip maker’s embedded secure elements by managing keys on the chip.

Deals

Wal-Mart Starts to Expand ‘Scan & Go’ App; Experience Does Not Seek to Mimic Amazon Go Concept

NFC TIMES Exclusive Insight – Wal-Mart Stores has introduced a “Scan & Go” mobile-shopping and payments app for a limited number of its regular stores in five U.S. states, and said it plans to roll out the service more widely. It follows the launch last year of a very similar app for its warehouse store chain, Sam’s Club, as NFC Times has reported.

Alipay to Expand Acceptance of Mobile Wallet in Russia

NFC TIMES Exclusive Insight – Alipay is expanding acceptance in another overseas market, Russia, seeking to capture business from Chinese tourists who travel to the country.

Parties Could Settle Lawsuits Stemming from Dispute over Apple Value-Added Services Software

NFC TIMES Exclusive –  Software that enables consumers to tap to pay and earn or redeem rewards and other value-added services with Apple Pay is at the center of a legal dispute between Israel-based NFC and contactless reader vendor On Track Innovations and USA Technologies, a provider of payment technology for vending machines and other self-service retail locations.

Mastercard Launches Campaign to Push New Zealand Retailers to Accept Contactless Payments

NFC TIMES Exclusive Insight – Mastercard has launched an initiative to encourage retailers in New Zealand to adopt contactless payments, noting that nearly three-quarters of New Zealanders use contactless.

Major Networks Seek to Capture–and Protect–Transactions by Introducing Global QR Code Specifications

NFC TIMES Exclusive Insight – Major payments networks, including Visa, Mastercard and China UnionPay, have released global specifications for QR code-based payments through their EMVCo joint venture because they see an opportunity to capture more transactions–and also a risk of losing transactions if they don’t support the technology globally.

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.

Banks and PayPal Announce More Deals for In-Store Transactions, But It’s Unclear When NFC-Enabled PayPal Wallet Will Arrive

NFC TIMES Exclusive Insight – Although Bank of America announced that its customers would “soon” be able to use the PayPal Wallet to pay for purchases in stores using NFC, a bank spokeswoman has told NFC Times that the NFC-enabled wallet might not even be available next year.

Experts: Don’t Expect the Amazon Go or Uber Payments Concept to Hit the Retail Chains Anytime Soon

NFC TIMES Exclusive – With the widespread use of Uber and launch of the Amazon Go experiment, some payments industry observers are predicting it might not be too long before invisible payments comes to brick-and-mortar stores.

Swatch Pay One of the First Low-Tech Payments Wearables That Can be Provisioned After the Sale: How It Works

Jul 21 2017

NFC TIMES Exclusive Insight – While such smartwatches as the Apple Watch are routinely provisioned with payments cards after they are in the hands of consumers, that hasn’t been the case for low-tech analog watches. Swatch Pay could change that.

Analysis: Apple Tries to Jump-Start Apple Pay in China with Generous Week-Long Discounts and Offers

NFC TIMES Exclusive Insight – ­Apple, which is losing its battle badly for market share in China’s huge mobile payments market, has launched one week of generous promotions in hopes it can begin to turn the tide.

Features

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.

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.