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Topic “Australia”

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.

MasterCard Announces Deal with Samsung to Use Embedded Chips; Australian Bank First to Launch

Dec 12 2013 (All day)

MasterCard Worldwide announced its anticipated agreement with Samsung Electronics to enable PayPass applications on embedded chips in Samsung NFC devices and, as expected, named Commonwealth Bank of Australia as the first bank to launch under the deal.

MasterCard Does Deal with Samsung for Embedded Chips; Seeks to Outflank Visa with First Launch

Dec 12 2013 (All day)

NFC Times Exclusive: MasterCard Worldwide has moved forward with its deal with Samsung Electronics to enable its PayPass application on embedded chips in Samsung NFC phones, NFC Times has learned.

Australian Bank Likely First to Launch Payment on Samsung Embedded Chips; Other Banks Interested

NFC Times Exclusive: Australia’s Commonwealth Bank has disclosed plans to put a MasterCard PayPass application onto an embedded secure element in selected Android NFC phones, the first major bank to disclose plans for launching commercial NFC payments on embedded chips since Google Wallet.

National Australia Bank Launches Funds Transfer Service Initiated by NFC Peer-to-Peer Mode

National Australia Bank has introduced a peer-to-payment application, which enables customers to transfer funds, initiated by NFC or QR codes or by using a mobile number, email address or Facebook account.

NFC Tag Platform Providers: Tags Gaining Ground on QR Codes

While awareness and use of NFC still is substantially behind that of QR codes when it comes to consumers using interactive advertising displays, NFC appears to be gaining ground.

Embedded Chips Expected to Play Key Role in NFC Rollouts

By: 
Dan Balaban

At least two-thirds of NFC phones shipped this year will pack embedded secure elements–offering the potential for service providers to put payment and other secure applications on the chips and avoid working with mobile operators.

Australian Supermarket Chain Sees Fast Take-Up of Contactless Payment

More than half of credit card transactions at Australian supermarket chain Coles are contactless, and the merchant hit the milestone just over six months after rolling out contactless terminals across its more than 700 supermarkets.

Outdoor NFC Campaign Promotes Australian Launch of Zero Dark Thirty

Marketers and distributors of the Australia release of the action movie Zero Dark Thirty are tapping NFC technology to help promote the film. 

NFC Tag Campaign Company Tapit Plans Expansion with $2.4 Million Series A Funding

Jan 7 2013 (All day)

Australia-based Tapit Media, which implements NFC tag advertising and marketing campaigns, has received US$2.4 million (A$2.3 million) in Series A funding, the company announced.

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.